As per a recent circular, the name and symbol of  Justride Enterprises Ltd. (Scrip code: 531035) will be changed as follows w.e.f 12-Apr-24. …

As per a recent circular, the name and symbol of  Justride Enterprises Ltd. (Scrip code: 531035) will be changed as follows w.e.f 12-Apr-24.

Existing Symbol New Symbol Existing Name of the CompanyNew Name of the  Company
JRELTDERAAYAJustride Enterprises Ltd.Eraaya Lifespaces 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 Sprayking Ltd. (Scrip Code: 540079) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Sprayking Ltd.SPRAYKING1:512-Apr12-Apr

Refer: BSE Circular

As per a recent circular, the name and symbol of D B Realty Ltd. (Scrip code: 533160) will be changed as follows w.e.f 10-Apr-24. Existing Symbo…

As per a recent circular, the name and symbol of D B Realty Ltd. (Scrip code: 533160) will be changed as follows w.e.f 10-Apr-24.

Existing Symbol New Symbol Existing Name of the CompanyNew Name of the  Company
DBREALTYDBREALTYD B Realty Ltd.Valor Estate Ltd.

Refer: NSE Circular | 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 sh…

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:

Company NameSymbolRecord dateEx-Bonus basis from Date 
Grauer & Weil (India) Ltd.GRAUWEIL10-Apr10-Apr

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 sh…

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:

Company NameSymbolRecord dateEx-Bonus basis from Date 
PROMAX POWER LIMITEDPROMAX09-Mar08-Mar

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: 

Company NameScrip CodeCurrent Market LotRevised Market Lot
PROMAX POWER LIMITEDPROMAX25005000

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 L…

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:

No.IndicesQuantity Freeze Limit(Maximum units you can buy or sell per order)Maximum lots per Order(Quantity Freeze Limit/Lot Size*)
1.BANKNIFTY90036
2.NIFTY180036
3.FINNIFTY180045
4.MIDCPNIFTY420056

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

Company NameSymbolSub-division RatioRecord DateEx-split Date
Bodhi Tree Multimedia Ltd.BTML1:1005-Apr05-Apr

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…

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:

Sr. NoUnderlying IndexSymbolPresent Market Lot Revised Market lot
1NIFTY 50NIFTY5025 
2NIFTY FINANCIAL SERVICES FINNIFTY4025
3NIFTY MIDCAP SELECTMIDCPNIFTY7550

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

Sr. NoUnderlying IndexSymbolPresent Market Lot 
1NIFTY BANK BANKNIFTY15

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 pe…

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:

  • From 03-Apr-2024, no fresh positions will be allowed in the currency segment. However, you can still exit/square off your existing positions.
  • If you wish to continue holding your current position, you need to ensure existence of a valid underlying contracted exposure which has not been hedged using any other derivative contract and should be in a position to establish the same, if required.
  • For any existing position without Contracted Exposure, you are advised to square-off the existing positions by 05-Apr-2024 to avoid any violations under FEMA by you.
  • 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. Existing…

    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.

    Existing Symbol New Symbol Existing Name of the CompanyNew Name of the  Company
    SHEETALRRETAILSheetal Diamonds Ltd.Rajnish Retail Ltd.

    Refer: BSE Circular