Announcements

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, Grauer & Weil (India) Ltd. (Scrip Code: 505710) is issuing 1 bonus share for every 1 existing share. The key dates for the bonus Issue are as follows:

Refer: BSE Circular

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, PROMAX POWER LIMITED (Scrip Code: 543375) is issuing 1 bonus share for every 1 existing share. The key dates for the bonus Issue are as follows:

Trading Members are requested to note the Change in the Market Lot of PROMAX POWER LIMITED (543375) pursuant to the Bonus Issue of Equity Shares as given below, which will be effective from Monday, April 08, 2024: 

Refer: BSE Circular

As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 01- Apr-24.

Below are the Quantity Freeze Limits & Maximum Lots per Order applicable for the mentioned indices:

*Lot Size refers to Units per Lot. This is defined by the Exchange and is currently as follows:

BANKNIFTY=25; NIFTY=50; FINNIFTY=40; MIDCPNIFTY=75

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 BSE circular, 1 equity share of Bodhi Tree Multimedia Ltd. (Scrip Code: 543767) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Refer: BSE Circular | NSE Circular

As per a recent NSE Circular, the Revision in Market Lot of Derivative Contracts on Indices has been revised w.e.f 26-Apr-24.

The market lots of contracts on the following Indices shall be revised as follows:

However, please note that the market lots of derivative’s contracts on the following index is unchanged:

Note: For the purpose of the computation of contract value, the average closing price of the underlying index has been taken for one-month period of March 2024. 

Refer: NSE Circular

This is with reference to NSE & BSE Circulars with reference number NSE/CD/61402 dated 01-Apr-2024, and Notice No.20240401-9 dated 01-Apr-2024 pertaining to “Risk Management and Inter-Bank Dealings – Hedging of foreign exchange risk”.

Based on the above circulars, following changes will take place in the Currency Segment:

Please take note of this and trade accordingly.

Refer: RBI Circular

As per a recent circular, the name and symbol of Sheetal Diamonds Ltd. (Scrip code: 530525) will be changed as follows w.e.f 03-Apr-24.

Refer: BSE Circular 

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

As per a recent circular, Ashok Leyland Ltd. has announced a dividend payment of Rs 4.95. 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 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 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:

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 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:

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

Refer: BSE circular | NSE Circular