Announcements

New features on the NXT platform

Enhanced features on the NXT platform

1. To improve visibility, four columns have been added: Existing Branch, Existing Partner, Subtype (Traded and Non-Traded) (transfer quota dependent on this criterion), and Authorization Date. Navigation Path: Utilities>NOC Request> Incoming client request

2. The Client transfer feature is enhanced to include the delivery logs. As client transfer is a time-bound activity, the APs wanted to get the delivery status and the logs to inform their clients on time. Navigation Path: Utilities>NOC>Delivery logs

A bonus Issue is one of the corporate actions where a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholder.

A stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.

Per a recent circular, 1 equity share of Standard Capital Markets Ltd. (Scrip Code: 511700) will be subdivided into 10 equity shares. A bonus of 2 equity shares will also be issued for every 1 equity share held. 

The key dates for the same are as follows:

Refer: BSE Circular

As per a recent circular, the name and symbol of G G Dandekar Machine Works Ltd. (Scrip code: 505250) will be changed as follows w.e.f 28-Dec-23.

Refer: BSE Circular 

Stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.

As per a recent BSE circular, 1 equity share of HMA Agro Industries Ltd. (Scrip Code: 543929) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Refer: BSE Circular | NSE Circular

A bonus Issue is one of the corporate actions where a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholder.

As per the recent BSE circular, Axita Cotton Ltd. (Scrip Code: 542285) is issuing 1 bonus share for every 3 existing shares. The key dates for the Bonus Issue are as follows:

Refer: BSE Circular

A dividend is an amount the company pays to its shareholders out of its profits. These regular profit-sharing payment in the form of dividends is a corporate action initiated by the company regularly. 

As per a recent circular, Vedanta Ltd. has announced a dividend payment of Rs 11. The key dates for the same are as follows:

1. The above changes shall be effective from the ex-date / effective date 

2. The revised options strike/futures base prices and the lot size on account of adjustment would appear in decimal places and shall be rounded off to the nearest tick size and the lot size shall be rounded off to the nearest integer.

3. The details of the revised option strike prices, futures prices, lot size and quantity freeze limit wherever applicable, will be informed to members separately via circular one day prior to the ex-date / effective date.

Refer: NSE Circular 

As per the exchange guidelines, the margin required for all the existing F&O Open Positions will start increasing four days before the expiry date (i.e., the last Thursday of every month) in a staggered manner. 

However, due to the trading holiday on 25-Dec-2023, i.e., Monday, on the occasion of Christmas, the F&O Open Positions margin schedule has changed.

The revised margin schedule is given below.

Buyback of shares is the process wherein a corporation rebuys its own shares from its shareholders. This way, the company that had earlier issued shares pays some of its shareholders and absorbs that part of ownership that several investors had before.

As per a circular from NSE, SIS Ltd. has announced a buyback offer of its equity shares from 18-Dec to 22-Dec. The offer price is Rs. 550 per equity share, and the lot size is 1 equity share. 

All trading members of the Capital Market Segment are eligible to participate in the Tender Offer facility. 

Read more: NSE Circular

Buyback of shares is the process wherein a corporation rebuys its own shares from its shareholders. This way, the company that had earlier issued shares pays some of its shareholders and absorbs that part of ownership that several investors had before.

As per a circular from NSE, Somany Ceramics Ltd. has announced a buyback offer of its equity shares from 21-Dec to 28-Dec. The offer price is Rs. 850 per equity share, and the lot size is 1 equity share. 

All trading members of the Capital Market Segment are eligible to participate in the Tender Offer facility. 

Read more: NSE Circular

A bonus Issue is one of the corporate actions where a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholder.

As per the recent BSE circular, Alphalogic Techsys Ltd. (Scrip Code: 542770) is issuing 1 bonus share for every 3 existing shares. The key dates for the Bonus Issue are as follows:

Refer: BSE Circular