As per recent circulars of BSE & NSE, the following security will be delisted w.e.f. March 03, 2023.  Name of the CompanySymbolReason f…

As per recent circulars of BSE & NSE, the following security will be delisted w.e.f. March 03, 2023. 

Name of the CompanySymbolReason for Suspension
Sterling Biotech Ltd.STERLINBIOVoluntary Delisting

Refer: BSE Circular | NSE Circular

As per a recent NSE Circular, the Strike Scheme for BANKNIFTY options has been revised w.e.f 24- Mar -23. Below is the Revision in Strike Scheme…

As per a recent NSE Circular, the Strike Scheme for BANKNIFTY options has been revised w.e.f 24- Mar -23.

Below is the Revision in Strike Scheme of BANKNIFTY options:

Index Particulars Existing Strike Interval ExistingNumber of strikesRevisedNumber of strikes
In the money- At the money- out of the moneyIn the money- At the money- out of the money
Nifty Bank Index All weekly and monthly expiries 10020-1-2025-1-25
500 (Including 500 strikes due to strike interval of 100)10-1-1012-1-12

The following additional points are to be noted:

  • Accordingly, all subsequent new weekly and monthly expiration contracts created from 23- Mar -23 (end of the day) will be based on the revised strike scheme in BANKNIFTY options.
  • All un-expired expiries created before 23- Mar -23 and available for trading after 24- Mar -23 will follow the revised strike scheme from 23- Mar -23 (end of the day).
  • There is no other change in contract specifications for the BANKNIFTY options.
  • 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.

    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, 

  • 1 equity share of Vinny Overseas Ltd. (Scrip Code: 543670) of Face Value of Rs. 10 will be sub-divided into 10 equity shares of Face value of Re. 1 each.
  • A bonus of 13 equity shares of Face value of Re. 1 each will be issued for every 10 equity shares of Face value of Re. 1 held. 
  • The key dates for the same are as follows:

    Company NameSymbolRecord DateEx-bonus Basis From Date
    Vinny Overseas Ltd.VINNY          24-Feb24-Feb

    Refer: BSE circular

    In accordance with Exchange circulars NSE/SURV/55582 and NSE/SURV/55742, no fresh month contracts will be issued on expiration of Feb 2023 contracts.…

    In accordance with Exchange circulars NSE/SURV/55582 and NSE/SURV/55742, no fresh month contracts will be issued on expiration of Feb 2023 contracts. All existing contracts with March 2023 and April 2023 expiries shall continue.

    Further, a margin of 100% shall be levied on all existing derivative contracts for all new positions created from 27-Feb-23 onwards and on all existing open positions as on 24-Feb-23. 

    Delisting of 30 Companies from BSE

    The following companies will be delisted from the Exchange w.e.f Feb 24, 2023 on account of non-compliance with SEBI Regulations: CompanyScrip C…


    The following companies will be delisted from the Exchange w.e.f Feb 24, 2023 on account of non-compliance with SEBI Regulations:

    CompanyScrip CodeEx-date
    Cox & Kings Ltd.-23-Feb-23
    Auroma Coke Ltd.53133624-Feb-23
    Bee Electronic Machines Ltd.51720324-Feb-23
    Bluechip Stockspin Ltd.53171324-Feb-23
    Detroit Industries Ltd.52340024-Feb-23
    Dina Iron & Steel Ltd.53200324-Feb-23
    Dwitiya Trading Ltd.53860824-Feb-23
    Funny Software Ltd.53916924-Feb-23
    Gangotri Iron & Steel Company Ltd.53094524-Feb-23
    Geefcee Finance Ltd.53038924-Feb-23
    Global Land Masters Corporation Ltd.53147924-Feb-23
    Mefcom Agro Industries Ltd.51127624-Feb-23
    Mideast India Ltd.50027824-Feb-23
    NovaGold Petro Resources Ltd.53179124-Feb-23
    Nu Tech Corporate Services Ltd.52631324-Feb-23
    Pentamedia Graphics Ltd.50032924-Feb-23
    Pincon Lifestyle Ltd.53900724-Feb-23
    Ram Minerals and Chemicals Ltd.53473424-Feb-23
    Roselabs Ltd.53550324-Feb-23
    Sanghi Corporate Services Ltd.51164024-Feb-23
    Sheetal Bio Agro Tech Ltd.53180024-Feb-23
    Shreejal Info Hubs Ltd.50687424-Feb-23
    South East Agro Industries Ltd.53167924-Feb-23
    Sriyansh Steel Ltd.51306224-Feb-23
    Sun Source India Ltd.51740324-Feb-23
    Tej Infoways Ltd.53879324-Feb-23
    Texplast Industries Ltd.53063524-Feb-23
    TSL Industries Ltd.53165924-Feb-23
    Vertical Industries Ltd.51509924-Feb-23
    Vishvakirti Investment Ltd.51101424-Feb-23
    Womens Next Loungeries Ltd.53812824-Feb-23

    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 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 circular, 1 equity share of Karnavati Finance Ltd. (Scrip Code: 538928) will be subdivided into 10 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Karnavati Finance Ltd.KARNAVATI1:1024-Feb24-Feb
    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 circular, 1 equity share of Akashdeep Metal Industries Ltd. (Scrip Code: 538778) will be subdivided into 5 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Akashdeep Metal Industries Ltd.AKASHDEEP1:523-Feb23-Feb

    Refer: BSE circular

    As per a recent circular, the name of Ozone World Ltd. (Scrip code: 539291) will be changed as follows w.e.f 17-Feb-23. Existing Symbol New…

    As per a recent circular, the name of Ozone World Ltd. (Scrip code: 539291) will be changed as follows w.e.f 17-Feb-23.

    Existing Symbol New Symbol Existing Name the of CompanyNew Name of the  Company
    OZONEWORLDVASUDHAGAMOzone World Ltd.Vasudhagama Enterprises Ltd.

    Refer: BSE Circular

    As per a BSE circular, PVR Ltd has announced the allotment of equity shares to INOX Leisure Ltd. shareholders w.e.f 17-Feb-23. 3 equity shares with a…

    As per a BSE circular, PVR Ltd has announced the allotment of equity shares to INOX Leisure Ltd. shareholders w.e.f 17-Feb-23. 3 equity shares with a face value of Rs.10/- each of PVR Ltd. to be issued as fully paid up equity shares for every 10 fully paid up equity shares with a face value of Rs 10/- each held by shareholders of INOX Leisure Ltd.

    The following security will be suspended from trading w.e.f 17-Feb-23.

    Name of CompanySymbolSeriesReason for Suspension
    INOX Leisure LimitedINOXLEISUREQScheme of Amalgamation

    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 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 circular, 1 equity share of Shreeji Translogistics Ltd. (Scrip Code: 540738) will be subdivided into 5 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Shreeji Translogistics Ltd.STL1:515-Feb15-Feb

    Refer: BSE circular