Delisting of Companies

Trading Members of the Exchange are hereby informed that the under mentioned Companies which have been suspended due to Record Date fixed for the Cor…

Trading Members of the Exchange are hereby informed that the under mentioned Companies which have been suspended due to Record Date fixed for the Corporate Action of Amalgamation shall be delisted w.e.f 02-Mar-2024 

Scrip CodeSuspension/Record DatePurposeName of Company to be DelistedMerged with/ Transferee Company
51802921/04/2023AmalgamationGujarat Sidhee Cement Limited.,SAURASHTRA CEMENT LIMITED
51372322/11/2023AmalgamationHG INDUSTRIES LIMITEDGREENLAM INDUSTRIES LIMITED
53994011/08/2023AmalgamationMax Ventures and Industries LimitedMAX ESTATES LIMITED
50907722/09/2023AmalgamationPressman Advertising LimitedSIGNPOST INDIA LIMITED
53081511/10/2023AmalgamationRefnol Resins & Chemicals Ltd.INDOKEM LIMITED
53230115/01/2024AmalgamationTata Coffee LtdTata Consumer Products Ltd
51343406/02/2024AmalgamationTata Metaliks LtdTata Steel Ltd
51301017/11/2023AmalgamationTATA STEEL LONG PRODUCTS LIMITEDTATA STEEL LTD
50496619/01/2024AmalgamationTinplate Company of India Ltd.,Tata Steel 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 Capri Global Capital Ltd. (Scrip Code: 531595) will be sub-divided into 2 equity shares. Also, 1 bonus equity share will be issued for every 1 share held. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Capri Global Capital Ltd.CGCL1:205-Mar05-Mar

Refer: BSE Circular 

Buyback of shares is the process wherein a corporation rebuys its own shares from its shareholders. This way, the company that had earlier issued sha…

Buyback of shares is the process wherein a corporation rebuys its own shares from its shareholders. This way, the company that had earlier issued shares pays some of its shareholders and absorbs that part of ownership that several investors had before.

As per a circular from NSE, Zydus Lifesciences Ltd. (Scrip: 532321) has announced a buyback offer of its equity shares from 29-Feb to 06-Mar. The offer price is Rs. 1005 per equity share, and the lot size is 1 equity share. 

All trading members of the Capital Market Segment are eligible to participate in the Tender Offer facility. 

Name of CompanySymbolOffer price per shareScheme
Zydus Lifesciences Ltd.ZYDUSLIFERs. 1005Buyback

Read more: NSE Circular 1 | NSE Circular 2

As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 01- Mar-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- Mar-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 Tiger Logistics (India) Ltd. (Scrip Code: 536264) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Tiger Logistics (India) Ltd.TIGERLOGS1:1004-Mar04-Mar

Refer: BSE Circular 

Rights Issue - February 2024

The company offers its shareholders the right to purchase its shares at a discount on a predetermined date known as the record date in a rights entit…

The company offers its shareholders the right to purchase its shares at a discount on a predetermined date known as the record date in a rights entitlement. 

Shareholders are granted Rights Entitlements (RE) by temporarily crediting their Demat accounts with RE, giving them the right to participate in a Rights Issue. Please note that these are Rights Entitlement and not Rights shares. To get the shares, you should apply at their respective Registrar & Transfer Agent (RTA) and convert RE into shares. You should keep in mind that RE is temporary, and until you apply and pay the requisite amount, rights shares won’t be credited to your Demat account.

Here’s the listing for February 2024:

CompanyEx-dateRecord DateRI Price (Rs. per share)RE Trading PeriodLast date to apply for Rights SharesWhere to apply for rights sharesCircular
Mitsu Chem Plast Limited17-Feb17-FebRs. 144 (Rs. 72 on App - PP Shares)26- Feb to 29-Feb04- MarASBABSE
Dipna Pharmachem Limited12-Feb12-FebRs. 1026- Feb to 04-Mar07- MarASBABSE
Scanpoint Geomatics Limited19- Feb19- FebRs. 528- Feb to 01-Mar07- MarASBABSE
Affordable Robotic & Automation Limited12- Feb12- FebRs. 45026- Feb to 01-Mar07- MarASBABSE
Mangalam Industrial Finance Limited29- Jan29- JanRs. 3.9512- Feb to 20-Mar12- MarASBABSE
Silgo Retail Limited22- Feb22- FebRs. 2529- Feb to 11-Mar15-MarASBANSE
Globe Textiles (India) Limited23- Feb23- FebRs. 306-Mar to NA15-MarASBANSE
South Indian Bank Limited27- Feb27- FebRs. 2206-Mar to NA20-MarASBABSE
Mercury Trade Links Limited01-Mar01-MarRs. 4011-Mar to NA21-MarASBABSE

Please note: The value of RE will be zero after the Rights Issue closure date.

RE Trading Period: The Exchange will publish a circular 2 days prior to the issue open date.

How to apply for Rights Issue: The Rights Issue offer is updated with ASBA (Application Supported Blocked Amount). 

  • For the online ASBA process, visit the website of an SCSB (Self-certified Syndicate Bank) and apply.
  • For the offline ASBA process, submit a physical application to participate in the Rights Issue at a designated SCSB. 
  • Here's a list of existing SCSBs.

    For more details on Rights Issue/Rights Entitlement, please refer to BSE FAQs.

    This is to inform you that RBI has placed certain restrictions on Paytm Payments Bank Ltd. (PPBL), due to which, post 15-Mar-2024, Paytm Payments Ban…

    This is to inform you that RBI has placed certain restrictions on Paytm Payments Bank Ltd. (PPBL), due to which, post 15-Mar-2024, Paytm Payments Bank account holders will not be able to add or withdraw funds from their account.

    Users that have Paytm Payments Bank account as their Primary account should therefore switch to another bank for uninterrupted trading at Angel One.

    How to switch to an alternate bank account?

    Here's a quick way to do this - Log into the Angel One App -> Go to accounts page -> Click on Profile Icon & then add a bank account

    For a detailed step by step process, Click Here

    What happens if you don’t switch?

    • You won't be able to add funds to your trading account from your Paytm Payments Bank.
    • Withdrawals to Paytm Payments Bank will not be possible due to restrictions.
    • The SEBI-mandated quarterly settlement of unused funds might fail, potentially causing inconvenience.
    • IPO applications and automated SIPs linked to Paytm Payments Bank are expected to fail.

    It is highly recommended that you switch to an alternate bank account immediately to avoid any inconvenience or disruption to your trading activities.

    Offer for Sale of below company is open in BSE/NSE. To Place your OFS Request: Contact your sub-broker. In case you don't have a sub-br…

    Offer for Sale of below company is open in BSE/NSE. To Place your OFS Request:

  • Contact your sub-broker.
  • In case you don't have a sub-broker, call us on 18001020.
  • Scrip NameCategoryTime WindowFloor PriceClearing Price
    ACLNon-Retail27-Feb, 9:30am - 3:15pmRs. 90NA
    ACLRetail28-Feb, 9:30am - 3:15pmNANA
    Here's the list of the latest Buybacks, Takeovers and Delisting. The Offer Period and Price are mentioned along with them. To participate in any of t…

    Here's the list of the latest Buybacks, Takeovers and Delisting. The Offer Period and Price are mentioned along with them. To participate in any of these:

  • Write to us at support@angelbroking.com or
  • Call us on 18001020
  • Scrip NameSub TypeStart DateEnd DateFloor Price
    ANSHNCOTakeover02-02-2415-02-24Rs. 17
    DHRUVCATakeover05-02-2416-02-24Rs. 56.50
    DAIKAFFITakeover09-02-2423-02-24Rs. 38.72
    SHALPAINTSTakeover12-02-2426-02-24Rs. 200
    GLSTakeover15-02-2429-02-24Rs. 631.20
    KDMLTakeover12-02-2426-02-24Rs. 155.67
    SCARNOSETakeover14-02-2428-02-24Rs. 73
    AKMTakeover14-02-2428-02-24Rs. 15
    STRLGUATakeover26-02-2411-03-24Rs. 1.10

    Bonus Issue of Fiem Industries Ltd.

    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, Fiem Industries Ltd. (Scrip Code: 532768) 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 
    Fiem Industries Ltd.FIEMIND28-Feb28-Feb

    Refer: BSE Circular