Important dates: Syrma SGS Technology Ltd. IPO
Syrma SGS Technology Limited is a technology-focused engineering and design company engaged in turnkey electronics manufacturing services (“EMS”), specialising in precision manufacturing for diverse end-use industries, including industrial appliances, automotive, healthcare, consumer products and IT industries.
Check Syrma IPO details
The below table has important dates with respect to the IPO allotment and listing.
| Finalization of Basis of Allotment | 23-Aug-22 |
| Initiation of Refunds | 24-Aug-22 |
| Credit of Shares to Demat Acct | 25-Aug-22 |
| IPO Shares Listing Date | 26-Aug-22 |
| UPI mandate expiry date | 29-Aug-22 |
In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
Sub-division of equity shares of Variman Global Enterprises Ltd.
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 Variman Global Enterprises Ltd. (Scrip Code: 540570) will be sub-divided into 10 equity shares. The key dates for the same are as follows:
| Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
| Variman Global Enterprises Ltd. | VARIMAN | 1:10 | 12-Aug | 11-Aug |
Refer: BSE circular
Sub-division of equity shares of High Energy Batteries (India) Ltd.
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 High Energy Batteries (India) Ltd. (Scrip Code: 504176) will be sub-divided into 5 equity shares. The key dates for the same are as follows:
| Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
| High Energy Batteries (India) Ltd. | HIGHENE | 1:5 | 10-Aug | 08-Aug |
Refer: BSE circular
Preponement of expiry of Castor Seed Contracts (August 2022)
Due to the closure of the physical market at the basis center, Deesa on 18-Aug-2022, please find the revised timelines and margin for the Castor Seed Contracts for August 2022.
- The contract will now expire on 17-Aug-22 as against 18-Aug-22
- The last trading day will be 17-Aug-22 and delivery intentions will be accepted till 9 pm on the same day
- The staggered delivery period shall commence from 10-Aug-22
- The pre-expiry margin of 1.50% per trading day incrementally shall be levied from the beginning of 05-Aug-22
For more details, refer to NCDEX Circular 1 | NCDEX Circular 2
W.e.f 05-Aug: New Identity for Minda Industries Ltd.
As per a recent circular, the name and symbol of Minda Industries Ltd. (Scrip code: 532539) will be changed as follows w.e.f 05-Aug-22.
| Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
| MINDAIND | UNOMINDA | Minda Industries Ltd. | UNO Minda Ltd. |
Refer: BSE Circular
W.e.f 04-Aug: New Identity for Bhartia Bachat Ltd.
As per a recent circular, the name and symbol of Bhartia Bachat Ltd. (Scrip code: 543208) will be changed as follows w.e.f 04-Aug-22.
| Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
| BHARTIA | REGIS | Bhartia Bachat Ltd. | Regis Industries Ltd. |
Refer: BSE Circular
[01-Aug-22] NIFTY & FINNIFTY Quantity Freeze Limit Revised
As per a recent NSE Circular, the Quantity Freeze Limit for NIFTY and FINNIFTY have been revised w.e.f 01-Aug-22.
Below are the Quantity Freeze Limits & Maximum Lots per Order applicable for the mentioned indices:
| No. | Indices | Quantity Freeze Limit(Maximum units you can buy or sell per order) | Maximum lots per Order(Quantity Freeze Limit/Lot Size*) |
| 1. | BANKNIFTY | 1200 | 48 |
| 2. | NIFTY | 2800 | 56 |
| 3. | FINNIFTY | 1800 | 45 |
| 4. | MIDCPNIFTY | 5500 | 73 |
*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
W.e.f 02-Aug: New Identity for Paramone Concepts Ltd.
As per a recent circular, the name and symbol of Paramone Concepts Ltd. (Scrip code: 531364) will be changed as follows w.e.f 02-Aug-22.
| Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
| PARAMONE | EKANSH | Paramone Concepts Ltd. | Ekansh Concepts Ltd. |
Refer: BSE Circular
W.e.f 02-Aug: New Identity for APM Finvest Ltd.
As per a recent circular, the name and symbol of APM Finvest Ltd. (Scrip code: 542774) will be changed as follows w.e.f 02-Aug-22.
| Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
| APMFINVEST | MUFIN | APM Finvest Ltd. | Mufin Green Finance Ltd. |
Refer: BSE Circular
T+1 Settlement: July Update
As you all know, from Feb-22, NSE & BSE introduced the T+1 settlement cycle in the Cash Segment in a phased manner as per the SEBI guidelines.
W.e.f 29-Jul-22:
- 113 more securities (total of 274) of NSE will be added into T+1 settlement
- 451 more securities (total of 2255) of BSE will be added into T+1 settlement
Important points for stocks under T+1 settlement in Cash segment:
- The stocks traded will be settled on T+1 day.
- The MTF (Margin Trading Facility) Pledge Request must be authorized by 9:00 PM on T day for MTF funding.
- Auction settlement (if any) will happen on T+2 day.
Refer: NSE Circular | BSE Circular | Overview of T+1 settlement


