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 i…

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 Dhatre Udyog Ltd. (Scrip Code: 540080) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Dhatre Udyog Ltd.DHATRE1:1029-Mar28-Mar

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 i…

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 the recent BSE circular, 1 equity share of Persistent Systems Ltd. (Scrip Code: 533179) will be divided into 2 equity shares. The key dates for the split are as follows:

Company NameRecord dateEx-Split basis from Date 
Persistent Systems Ltd.01-Apr28-Mar

Pursuant to the split of equity shares, the market lot size for F&O contracts will be revised as follows:

Scrip NameCurrent Market Lot size for F&O contractsRevised Market lot size for F&O contracts
Persistent Systems Ltd.                  100200

Refer: BSE circular | NSE Circular

29-Mar is a trading holiday on account of Good Friday. Also, 01-Apr and 09-Apr will be Settlement holidays on account of Annual Bank Closing and Gudi…

29-Mar is a trading holiday on account of Good Friday. Also, 01-Apr and 09-Apr will be Settlement holidays on account of Annual Bank Closing and Gudi Padwa respectively.

HolidayDateType
Good Friday29-Mar-2024Trading holiday
Annual Bank Closing01-Apr-2024Settlement holiday
Gudi Padwa09-Apr-2024Settlement holiday

What this means for you:

You can place your Trades as usual. However, the settlement of funds/securities will be processed as detailed in the table below:

SegmentTrade placed onDate of Settlement
Equity/Derivatives (F&O)28-Mar02-Apr
Equity/Derivatives (F&O)01-Apr02-Apr
Equity/Derivatives (F&O)08-Apr10-Apr
Equity/Derivatives (F&O)09-Apr10-Apr

Note: Stock purchased on 28-Mar-2024 will not be allowed to be sold on 01-Apr-2024 and stock purchased on 08-Apr-2024 will not be allowed to be sold on 09-Apr-2024.


Just so you know: Settlement holidays refer to days when markets are open for trading but when Depositories and/or Banks are closed. Due to this, all trades done during that day will be settled on the next settlement cycle, as per the respective segments.

Refer: NSE Circular 1 | NSE Circular 2

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 i…

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 NSE circular, 1 equity share of Lorenzini Apparels Limited (Scrip Code: 540952) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Lorenzini Apparels LimitedLAL1:1028-Mar28-Mar

Refer: NSE Circular

As per a recent circular, the name and symbol of Pooja Entertainment & Films Ltd. (Scrip code: 532011) will be changed as follows w.e.f 27-Mar-24…

As per a recent circular, the name and symbol of Pooja Entertainment & Films Ltd. (Scrip code: 532011) will be changed as follows w.e.f 27-Mar-24.

Existing Symbol New Symbol Existing Name of the CompanyNew Name of the  Company
POOJAENTPOOJAENTPooja Entertainment & Films Ltd. Vashu Bhagnani Industries Limited

Refer: BSE Circular 

As per a recent circular, the name and symbol of Saboo Brothers Ltd. (Scrip code: 530267) will be changed as follows w.e.f 28-Mar-24. Existing S…

As per a recent circular, the name and symbol of Saboo Brothers Ltd. (Scrip code: 530267) will be changed as follows w.e.f 28-Mar-24.

Existing Symbol New Symbol Existing Name of the CompanyNew Name of the  Company
SABOOBRARIGATOSaboo Brothers Ltd. Arigato Universe Ltd. 

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 i…

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 United Van Der Hor Ltd. (Scrip Code: 522091) will be sub-divided into 2 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
United Van Der Hor Ltd.UVDRHOR1:226-Mar26-Mar

Refer: BSE Circular

Per a recent circular, the name and symbol of Ashok Alco-Chem Ltd. (Scrip code: 524594) will be changed as follows w.e.f 22-Mar-24. Existing Sym…

Per a recent circular, the name and symbol of Ashok Alco-Chem Ltd. (Scrip code: 524594) will be changed as follows w.e.f 22-Mar-24.

Existing Symbol New Symbol Existing Name of the CompanyNew Name of the  Company
ASHOKALCAEONXDIGIAshok Alco-Chem Ltd.Aeonx Digital Technology Ltd.

Refer: BSE Circular 

As per a recent circular, the name and symbol of Himachal Fibres Ltd. (Scrip code: 514010) will be changed as follows w.e.f 22-Mar-24. Existing …

As per a recent circular, the name and symbol of Himachal Fibres Ltd. (Scrip code: 514010) will be changed as follows w.e.f 22-Mar-24.

Existing Symbol New Symbol Existing Name of the CompanyNew Name of the  Company
HIMFIBPRUDRAECOHimachal Fibres Ltd.Rudra Ecovation Ltd.

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 i…

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 Refex Industries Ltd. (Scrip Code: 532884) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Refex Industries Ltd.REFEX1:522-Mar22-Mar

Refer: BSE Circular | NSE Circular