Rights Issue - June 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 June 2024:

Company

Ex-date

Record Date

RI Price

RE Trading Period

Last date to apply for Rights Shares

Where to apply for rights shares

Circular

DSJ Keep Learning Limited

14-May

14-May

₹1

29-May to 03-Jun

06-Jun

ASBA

BSE/NSE Circular

Billwin Industries Limited

29-Apr

29-Apr

₹34

13-May to 15-May

10-Jun (Further Extended)

ASBA

BSE Circular

Viji Finance Limited

15-May

15-May

₹1.50 

28-May to 04-Jun

10-Jun

ASBA

BSE/NSE Circular

Solara Active Pharma Sciences Limited

15-May

15-May

₹375 (On App ₹131.25 PP per share)

28-May to 05-Jun

11-Jun

ASBA

BSE/NSE Circular

Franklin Industries Limited

13-May

13-May

₹3.58

24-May to 05-Jun

11-Jun

ASBA

BSE Circular

Mangalam Global Enterprise Limited

24-May

24-May

₹20

03-Jun to 07-Jun

12-Jun

ASBA

NSE Circular

Khoobsurat Limited

04-May

04-May

₹1

15-May to 21-May

13-Jun (Extended)

ASBA

BSE Circular

IFL Enterprises Limited

17-May

17-May

₹1

27-May to 20-Jun

25-Jun

ASBA

BSE Circular

Orient Tradelink Limited

03-May

03-May

₹10

ASBA

BSE Circular

A B Infrabuild Limited

14-May

14-May

₹18

07-Jun to 14-Jun

21-Jun

ASBA

NSE Circular

VSF Projects Limited

24-May

24-May

₹50

05-Jun to 13-Jun

20-Jun

ASBA

BSE Circular

Nakoda Group of Industries Limited

30-May

30-May

₹25

13-Jun to 24-Jun

28-Jun

ASBA

BSE/NSE Circular

Integra Essentia Limited

01-Jun

01-Jun

₹3.25

11-Jun to 20-Jun

25-Jun

ASBA

BSE/NSE Circular

Gujarat Toolroom Limited

05-Jun

05-Jun

₹8

14-Jun to 08-Jul

12-Jul

ASBA

BSE Circular

Spright Agro Limited

07-Jun

07-Jun

₹13.40

Starting 24-Jun

12-Jul

ASBA

BSE Circular

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 alist of existing SCSBs.

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

As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 03-Jun-24. Below are the Quantity Freeze Limits…

As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 03-Jun-24.

Below are the Quantity Freeze Limits and 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

900

36

2.

NIFTY

1800

36

3.

FINNIFTY

1800

45

4.

MIDCPNIFTY

4200

56

5.

NIFTYNXT50

600

-

*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 

Owing to the Lok Sabha Election 2024 results, there may be market volatility depending on the outcome of the results. Therefore on 03-Jun-2024 & …

Owing to the Lok Sabha Election 2024 results, there may be market volatility depending on the outcome of the results. Therefore on 03-Jun-2024 & 04-Jun-2024, there will be some changes in margins for Intraday Product and MTF Product.  

Scrip CategoryIntradayMTF 
Bluechip30%30% or MTF VaR whichever is higher
Good40%40%  or MTF VaR whichever is higher
Average50%50% or MTF VaR whichever is higher
Poor100%100%  or MTF VaR whichever is higher

You are requested to keep adequate funds in your account and monitor trades to avoid adverse market conditions.

Please take note of this and trade accordingly.

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 …

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 at 18001020.

Scrip Name

Category

Time Window

Floor Price

Clearing Price

DIACABS

Non-Retail

28-May, 10:00 am - 02:30 pm

Rs. 855

NA



23-May-24 is a Settlement Holiday due to Buddha Pournima. The Currency Segment will be closed on this day for trading. However, other segments are op…

23-May-24 is a Settlement Holiday due to Buddha Pournima. The Currency Segment will be closed on this day for trading. However, other segments are open for Trading.

What this means for you:

You can place your Trades as usual, except the stock purchased on 22-May-24 will not be allowed to be sold on 23-May-24. The settlement of funds/securities will be processed as detailed in the table below:

Segment

Trade placed on

Date of Settlement

Equity

22-May

24-May

Derivatives (F&O)

22-May

24-May

Note: Stock purchased on 22-May-24 will not be allowed to be sold on 23-May-24. This change is only for double payin/payout of stock due to the settlement holiday on 23-May, and is not a regular change.

Your credit balance for 23-May will not include the following:

Segment

Account Balance Exclusions

Equity

Intraday Profits made on 22-May

Derivatives (Equity F&O, Currency & Commodity)

Credits Made From Trades Done On 22-May

Just so you know: Settlement holidays refer to days when markets (except the Currency segment) are open for trading but when Depositories and/or Banks are closed. Due to this, all trades done during that day will be settled on the next settlement cycle, as per the respective segments.

This is to inform you that the Exchanges will hold a special live trading session with a switch-over from the Primary Site (PR) to the Disaster Recov…

This is to inform you that the Exchanges will hold a special live trading session with a switch-over from the Primary Site (PR) to the Disaster Recovery Site (DR) on Saturday 18-May-2024 following a SEBI Circular published in 2019. 

You are requested to note that the Exchanges shall shift their operation from the Primary Site (PR) to the Disaster Recovery site (DR) on the timings given as per NSE and BSE in their circulars. This exercise is being conducted based on specific discussions with SEBI and their Technical Advisory Committee to assess the preparedness of Market Infrastructure Institutions (MIIs) to handle any unforeseen event impacting their operations and to restore operations from the DR Site. 

The market timings in the Equity & F&O segmentswith an intra-day switchover from the Primary site to the Disaster Recovery site are as follows:

Trading Sessions (May 18, 2024)

Start Time

End Time

Live trading session-1

9:15 AM

10 AM

Live trading session-2

11:30 AM

12:30 PM

Please note: 

The trading will be closed from 10 AM to 11:15 AM

Pre-Open for the first session is from 9:00 AM to 9:08 AM

Pre-Open for the second session is from 11:15 AM to 11:23 AM and the closing session will be from 12:40 PM to 12:50 PM

Please note the following w.r.t Angel One:

For Trading, please note

  • All AMO orders on Friday will be processed on Saturday's first hour, instead of Tuesday May 21,2024 considering Monday May 20, 2024 being a trading holiday on account of General Election 2024.
  • Currency and Commodity (MCX) markets will stay closed.
  • From 9:00 AM to 10:00 AM, there will be normal trading. There will be no activity between 10 AM and 11:15 AM
    • Users will be unable to place any orders during this time. Any orders placed in session-1 will be responded to with an error message.
    • Any open orders from session-1 will be canceled before session-2.
    • During the transition process of moving from the primary to the DR site, there is a chance that executed trades will be canceled. If this occurs, the positions you closed in the first session will reopen, and you will have to close the position once more in the second session. (Refer: NSE Circular)
  • 11:15 AM to 12:30 PM trading will resume as per normal markets again (pre-market + market) but from the DR site. 
  • Intraday orders will not be allowed for the day.
  • BTST will not be allowed, which means stock purchases on Friday, May 17, 2024 will not be allowed to be sold on the special trading session on Saturday, May 18, 2024.
  • GTT orders will not be triggered.
  • Orders of Stock SIP will not be executed.

For Payouts & Settlements, please note 

  • All orders placed on Friday, 17th May 2024 in the Equity and Derivative segment will be settled on Tuesday, 21st May 2024.
  • The funds from shares sold on Friday, 17th May 2024 will be available for withdrawal on Tuesday, 21st May 2024. 
  • F & O credits and intra-day profit from the equity segment from 17th May 2024 will not be included in the available margin on 18th May 2024.
  • No Fund payout will be processed on 18th, 19th and 20th of May 2024.
  • All Funds withdrawal requests placed from Friday, 17th May 2024 the evening till Tuesday, 21st May 2024 by 7 AM will be processed and credited on Tuesday, 21st May 2024 by 11 AM.
  • MTF settlement will be accepted till 8 PM.

For Risk related information, please note 

  • Margin shortage square-off will be done as normal
  • 80% MTM square off will be also as normal
  • There will be NO Projected risk, MTF shortage, Ageing, and CUSA square-off for 18th May 2024

Please note the order status might show the wrong status for exchange canceled trades.

The special live trading session with the intra-day switchover from the Primary site to the Disaster Recovery site protects the exchange's operations from unforeseen circumstances that might interfere with regular trading operations.

You can reach us at our support lines from 8.30 AM to 5.30 PM on our toll-free number 1800 1020 or by email at support@angelone.in

Refer:BSE Circular | NSE Circular| Disaster Recovery FAQs 

In compliance with recent circulars issued by SEBI and Exchanges, we wish to apprise you of the Most Important Terms and Conditions (MITC). Please ac…

In compliance with recent circulars issued by SEBI and Exchanges, we wish to apprise you of the Most Important Terms and Conditions (MITC). Please acquaint yourself with these essential terms and conditions, designed to safeguard your interests as an investor.

  • Your trading account has a "Unique Client Code" (UCC), different from your demat account number. Do not allow anyone (including your own stock broker, their representatives, and dealers) to trade in your trading account on their own without taking specific instructions from you for your trades. Do not share your internet/ mobile trading login credentials with anyone else.
  • You are required to place collaterals as margins with the stock broker before you trade. The collateral can either be in the form of funds transfer into specified stock broker bank accounts or margin pledge of securities from your demat account. The bank accounts are listed on the stock broker website. Please do not transfer funds into any other account. The stock broker is not permitted to accept any cash from you.
  • The stock broker is obligated to deposit all funds received from you with any of the Clearing Corporations duly allocated in your name. The stock broker is further mandated to return excess funds as per applicable norms to you at the time of quarterly/ monthly settlement. You can view the amounts allocated to you directly at the website of the Clearing Corporation(s).
  • You will get a contract note from the stock broker within 24 hours of the trade.
  • You may give a one-time Demat Debit and Pledge Instruction (DDPI) authority to your stock broker for limited access to your Demat account, including transferring securities, that are sold in your account for pay-in.
  • The stock broker is expected to know your financial status and monitor your accounts accordingly. Do share all financial information (e.g. income, net worth, etc.) with the stock broker as and when requested for. Kindly also keep your email ID and mobile phone details with the stock broker always updated.
  • In case of disputes with the stockbroker, you can raise a grievance on the dedicated investor grievance ID of the stockbroker. You can also approach the stock exchanges and/or SEBI directly.
  • Any assured/guaranteed/fixed returns schemes or any other schemes of similar nature are prohibited by law. You will not have any protection/recourse from SEBI/stock exchanges for participation in such schemes.
  • You can refer to the circulars below for further details - BSE | NSE | MCX | NCDEX | SEBI

    For any queries, please visit our support page

    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 BHAGIRADHA CHEMICALS & INDUSTRIES LTD.  (Scrip Code: 531719) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    BHAGIRADHA CHEMICALS & INDUSTRIES LTD. BHAGCHEM1:1002-May02-May

    Refer: BSE Circular

    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, Nidhi Granites Ltd. (Scrip Code: 512103) is issuing 1 bonus shares for every 1 existing share. The key dates for the bonus Issue are as follows:

    Company NameSymbolRecord dateEx-Bonus basis from Date 
    NIDHI GRANITES LIMITEDNIDHGRN02-May02-May

    Refer: BSE Circular

    As per a recent circular, w.e.f. 24-Apr-2024 Futures and Options contracts on the Nifty Next 50 Index shall be made available for trading in the Futu…

    As per a recent circular, w.e.f. 24-Apr-2024 Futures and Options contracts on the Nifty Next 50 Index shall be made available for trading in the Future & Options segment. The settlement procedure and details shall be intimated separately by the respective clearing corporations.

    The relevant information about the monthly futures and options contracts is as follows:

    Particulars FuturesOptions
    SymbolNIFTYNXT50NIFTYNXT50
    InstrumentFUTIDX OPTIDX 
    Tick Size (Price Steps)Re 0.05Re 0.05
    Contract Size (Lot Size) 1010
    Trading Cycle3 serial monthly contracts3 serial monthly contracts
    Expiry DayLast ‘Friday’ of the expiry month for the monthly. If the last ‘Friday’ is a trading holiday, then the expiry day is the previous trading dayLast ‘Friday’ of the expiry month for the monthly. If the last ‘Friday’ is a trading holiday, then the expiry day is the previous trading day
    Strike Scheme -Strike Interval of 100 with strikes 40 1 40 and Strike Interval of 500 with strikes 20 1 20 (Including 500 strikes due to strike interval of 100)
    Option Type -Call European (CE) and Put European (PE)
    SettlementCash Settled Cash Settled 
    Daily Settlement PriceClosing price of the futures contract. If illiquid, then the theoretical price will be considered -
    Final Settlement Price Index closing value on the last trading day Index closing value on the last trading day
    Price Band An operating range of 10% of the base price A contract specific price range based on its delta value is computed and updated daily
    Quantity Freeze600600
    Spread ContractsM1-M2; M1-M3; M2-M3 -

    Please note on 24-Apr-2024, the following expiry cycle will be available:

    Expiry CycleExpiry Day 
    May-2024 May 31, 2024
    June-2024 June 28, 2024
    July-2024 July 26, 2024

    Further note that all the existing clearing and settlement procedures along with the extant risk management measures adopted for futures and options contracts such as initial margins, minimum margins, position limits, etc., including the right of Clearing Corporation to close out positions shall apply mutatis mutandis to these contracts also. 

    Refer: NSE Circular | NSE Circular