Announcements

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, Bajaj Auto Ltd. (Scrip: 532977) has announced a buyback offer of its equity shares from 06-Feb to 13-Mar. The offer price is Rs. 10000 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. 

Read more: BSE Circular  | NSE Circular 

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

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 

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 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:

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 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. 

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 Limits & Maximum Lots per Order applicable for the mentioned indices:

*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 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:

Refer: BSE Circular 

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:

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). 

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 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: