As per a recent circular, the following security will be suspended from trading w.e.f. April 20, 2023. Name of the CompanySymbolReason for Suspe…

As per a recent circular, the following security will be suspended from trading w.e.f. April 20, 2023.

Name of the CompanySymbolReason for Suspension
Gujarat Sidhee Cement LtdGSCLCEMENTScheme of Amalgamation

Refer: NSE Circular

A stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more to its ex…

A stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more to its existing shareholders.

A 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 a recent BSE circular, 

  • Sub-division of 1 equity share of Global Capital Markets Ltd. (Scrip Code: 530263) into 10 equity shares.
  • A bonus of 6 equity shares will be issued for every 10 equity shares held. 
  • The key dates for the same are as follows:

    Company NameSymbolRecord DateEx-bonus Basis From Date
    Global Capital Markets Ltd.GLOBALCA          20-Apr20-Apr
    As per a BSE circular, Allcargo Logistics Ltd. will demerge w.e.f. 18-Apr-23.  Due to this demerger, 1 equity share of Allcargo Terminals L…

    As per a BSE circular, Allcargo Logistics Ltd. will demerge w.e.f. 18-Apr-23. 

    Due to this demerger, 1 equity share of Allcargo Terminals Ltd. will be issued for every 1 equity share held in Allcargo Logistics Ltd., and 1 equity share of Transindia Realty & Logistics Parks Ltd. will be issued for every 1 equity share held in Allcargo Logistics Ltd.

    Name of CompanySymbolScrip Code
    Allcargo Logistics Ltd.ALLCARGO532749

    Refer: BSE Circular

    A 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…

    A 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 Mufin Green Finance Ltd. (Scrip Code: 542774) will be subdivided into 2 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Mufin Green Finance Ltd.MUFIN1:215-Apr13-Apr

    Refer: BSE circular

    A 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…

    A 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 Comfort Intech Ltd. (Scrip Code: 531216) will be subdivided into 10 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Comfort Intech Ltd.COMFINTE1:1014-Apr13-Apr

    Refer: BSE circular

    A 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…

    A 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 Deep Industries Ltd. (Scrip Code: 543288) will be subdivided into 2 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Deep Industries Ltd.DEEPIND1:210-Apr10-Apr

    Refer: BSE circular

     Revision in BANKNIFTY Market Lot

    According to a recent NSE circular, the Maximum Lots per Order for BANKNIFTY has been revised w.e.f. 28-Apr-23. Below is the list of Maximum Lot…

    According to a recent NSE circular, the Maximum Lots per Order for BANKNIFTY has been revised w.e.f. 28-Apr-23

    Below is the list of Maximum Lots per Order applicable for the mentioned indices from the said date:

    Sr. No Underlying Index Symbol Present Market Lot Revised Market Lot 
    1NIFTY 50 NIFTY5050
    2NIFTY BANKBANKNIFTY2515
    3NIFTY FINANCIAL SERVICESFINNIFTY4040
    4NIFTY MIDCAP SELECTMIDCPNIFTY7575

    The same will be applicable as follow:

  • Only the contracts expiring in Jul-23 and beyond will be revised for market lots
  • Contracts maturing in Apr-23, May-23, and Jun-23 would continue to have the existing market lots
  • For more information, refer NSE Circular.

    A 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…

    A 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 Shree Securities Ltd. (Scrip Code: 538975) will be subdivided into 10 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Shree Securities Ltd.SHREESEC1:1006-Apr06-Apr

    Refer: BSE circular

    As per a recent circular, the following security (Scrip Code: 526093) will be suspended from trading w.e.f. April 03, 2023. Name of the CompanyS…

    As per a recent circular, the following security (Scrip Code: 526093) will be suspended from trading w.e.f. April 03, 2023.

    Name of the CompanySymbolReason for Suspension
    Sathavahana Ispat LtdSATHAISPATInsolvency & Bankruptcy

    Refer: BSE Circular

    As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 03-Apr-23.Below are the Quantity Freeze Limits &…

    As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 03-Apr-23.

    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.BANKNIFTY90060
    2.NIFTY180036
    3.FINNIFTY180045
    4.MIDCPNIFTY550073
    *Lot Size refers to Units per Lot. This is defined by the Exchange and is currently as follows: BANKNIFTY=15; NIFTY=50; FINNIFTY=40; MIDCPNIFTY=75

    Refer: NSE Circular