Announcements

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

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.

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:

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 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:

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.

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.

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 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:

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.

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.

Refer: BSE Circular