Announcements

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 circular, 1 equity share of Avantel Ltd. (Scrip Code: 532406) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

Refer: BSE Circular

As per a recent Circular (SEBI/HO/OIAE/OIAE_IAD-1/P/CIR/2023/131) dated 31-Jul-23, SEBI has launched the ODR Portal i.e. Smart ODR Portal (Securities Market Approach for Resolution Through ODR Portal). 

SEBI has set up this platform to improve investors’ grievance redressal by providing them access to Online Dispute Resolution Institutions for the resolution of their complaints. To raise a complaint through the ODR portal, you need to follow the below steps:

However, you can initiate dispute resolution through the ODR Portal without having to go through SCORES Portal if the grievance lodged with the concerned Market Participant was not resolved satisfactorily.

For more information on how to resolve your complaints through the ODR Portal, refer to SEBI Circular.

To access the ODR Portal, click here.

Pyramid Technoplast is an industrial packaging company engaged in the business of manufacturing polymer based molded products mainly used by chemical, agrochemical, speciality chemical and pharmaceutical companies for their packaging requirements.  They are one of the leading manufacturers of rigid Intermediate Bulk Containers in India manufacturing 1,000 litre capacity IBC.

The below table has important dates with respect to the IPO allotment and listing.

In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

Trading in securities of the undermentioned companies will be suspended w.e.f Aug 14, 2023. Please take appropriate action as needed.

Refer: BSE Circular 

Per recent circulars, the following security (Scrip Code: 539940) has been suspended from trading w.e.f. August 11, 2023.

Refer: BSE Circular | NSE 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 circular, 1 equity share of Iris Clothings Ltd. will be sub-divided into 5 equity shares. The key dates for the same are as follows:

Refer: NSE 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 circular, 1 equity share of Mena Mani Industries Ltd. (Scrip Code: 531127) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Refer: BSE Circular

15-Aug-23 is a trading holiday on account of Independence Day. All Exchanges will be closed for the trading of Equity, Derivatives, Currency, and Debt segments. There will be no settlement of funds and securities on this day. 16-Aug-23 is a settlement holiday on account of Parsi New Year. The Currency Segment will be closed on this day for trading. However, other segments are open for Trading.

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:

Your credit balance for 16-Aug will not include the following:

Just so you know: Settlement holidays refer to days when markets (except the Currency segment) 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.

As per a recent circular, the name and symbol of Sundaram Clayton Ltd. (Scrip code: 520056) will be changed as follows w.e.f 10-Aug-23.

Refer: BSE Circular | NSE Circular

Per a recent circular, the following security (Scrip Code: 513446) has been suspended from trading w.e.f. August 10, 2023.

Refer: BSE Circular | NSE Circular