Announcements

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:

Per a recent circular, the name and symbol of Essar Securities Ltd. (Scrip code: 533149) will be changed as follows w.e.f 09-Feb-24.

Refer: BSE Circular 

In an endeavor to reduce the burden of submission of documents by the AP at the time of audit, we have tied up with CAMS to auto-fetch bank statements & demat account statements, for which we require the AP to give their consent. 

The AP consent will greatly reduce backlog and also minimize manual submitting of statements as required during audit, by law. 

Here are quick and easy steps to follow using the NXT account.

1. Log into NXT as an Admin user

2. Go to Profile > Upload Statement

3. Click on Proceed

4. You will be redirected to CAMS website and an OTP will be sent to your Mobile number

5. Select the bank for which you want to share consent

6. Once done, you will be redirected to the NXT dashboard

7. The consent will be captured and will be valid for 1 year

8. Follow the same process for the Demat statement and check your status whether it is ‘Success’ or ‘Rejected’.

For a more detailed account of the process, click here

A dividend is an amount the company pays to its shareholders out of its profits. These regular profit-sharing payment in the form of dividends is a corporate action initiated by the company regularly. 

As per a recent circular, Hindustan Petroleum Corporation Ltd. has announced a dividend payment of Rs 15. The key dates for the same are as follows:

1. The above changes shall be effective from the ex-date / effective date 

2. The revised options strike/futures base prices and the lot size on account of adjustment would appear in decimal places and shall be rounded off to the nearest tick size and the lot size shall be rounded off to the nearest integer.

3. The details of the revised option strike prices, futures prices, lot size and quantity freeze limit wherever applicable, will be informed to members separately via circular one day prior to the ex-date / effective date.

Refer: NSE Circular 1 | NSE Circular 2

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, Shreeji Translogistics Ltd. (Scrip Code: 540738) is issuing 1 bonus share for every 3 existing shares. The key dates for the bonus Issue are as follows:

Refer: BSE Circular

A dividend is an amount the company pays to its shareholders out of its profits. These regular profit-sharing payment in the form of dividends is a corporate action initiated by the company regularly. 

As per a recent circular, GAIL (India) Ltd. has announced a dividend payment of Rs 5.50. The key dates for the same are as follows:

1. The above changes shall be effective from the ex-date / effective date. 

2. The revised options strike/futures base prices and the lot size on account of adjustment would appear in decimal places and shall be rounded off to the nearest tick size and the lot size shall be rounded off to the nearest integer.

3. The details of the revised option strike prices, futures prices, lot size and quantity freeze limit wherever applicable, will be informed to members separately via circular one day prior to the ex-date / effective date.

Refer: NSE Circular 

Per a circular, Tata Metaliks Ltd. will be amalgamated into Tata Steel Ltd. Tata Steel Ltd shall issue and allot Equity Shares to the Shareholders of Tata Metaliks Ltd.

79 fully paid-up equity shares of Re.1/- each  of  Tata Steel Ltd to be issued  for every 10 fully paid-up equity shares of Rs.10/- each  held in Tata Metaliks Ltd.

Refer: BSE Circular 

This is with reference to NSE Circular NSE/ISC/48165 dated 03-May-21 and BSE Circular 20210503-41 circular dated 01-May-21 on Aadhaar Seeding with PAN and the subsequent email communication received from NSE and BSE dated 01-Feb-24. 

The Income Tax Department, in a tweet on 18-Jul-23, clarified that individuals who haven't updated their NRI Status with the IT department should submit relevant documents to their respective ‘Jurisdictional Assessing Officer’ (JRO) for updating their residential status. For further details, please refer to the tweet at the link: https://twitter.com/incomeTaxindia/status/1681251168276860928.

Additionally, PANs registered under the NRI Category at the Exchange must be updated as ‘Seeded' or 'Not Applicable’. In the absence of this tagging, the NRI Clients will not be permitted to trade or square off their position w.e.f. 09-Feb-24. 

With reference to the aforementioned email receipt, you are requested to note that from Monday, 05-Feb-24, onwards, no fresh positions will be allowed in your account till 09-Feb-24. Post 09-Feb-24, your account will be frozen for trading till the relevant NRI Status is updated at the exchange. So, 

Contact your AP or mail us at support@angelbroking.com for any further assistance.

As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 01- Feb-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

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 the recent BSE circular, Salasar Techno Engineering Ltd. (Scrip Code: 540642) is issuing 4 bonus shares for every 1 existing shares. The key dates for the Bonus Issue are as follows:

Refer: BSE Circular