ANNOUNCEMENTS

What is a buyback and why should you opt for it?

What does this mean for TCS shareholders?

How to apply for a buyback?

• 1️⃣ Login to the Upstox app using your 6-digit PIN or biometrics
• 2️⃣ Go to Account → Profile → My Account → Actions → Corporate Actions → Buyback
• 3️⃣ Select the required stock for buyback
• 4️⃣ Enter the quantity and click on apply
• 5️⃣ If you have submitted your POA or enabled DDPI, then the buyback will be auto confirmed

When can you apply?

What to keep in mind while applying?

• 🔹 You can only apply for this buyback if you hold shares of TCS in your Demat account as on 25th November 2023 
• 🔹 You shouldn’t sell these shares on or before 7th December 2023 if you’re interested to take part in the buyback offer
• 🔹 After applying and offering your shares up for a buyback, you cannot sell them in the market and modify or cancel your original bid
• 🔹 You can only sell these shares in the market If the company cancels the buyback and you receive your shares back from the company
• 🔹 You will receive the buyback amount for the shares from TCS/ Registrar & Transfer Agent (RTA) directly into your bank account (this will be updated in the records of the depository as well).
• 🔹 A total of 4,09,63,855 shares will be accepted by TCS for the buyback and the remaining shares not accepted by TCS will be returned back to shareholders in their Demat account. 
• 🔹 On 14th December 2023, TCS will credit the payment for the accepted shares and the unaccepted shares will be returned to the user's demat accounts. The percentage of shares accepted will be decided based on the number of retail investors who have applied for the buyback. 

1. All existing contracts in the underlying MINDTREE i.e. contracts with expiry dates of 24th November 2022, 29th December 2022, and 25th January 2023 shall expire on 22 November 2022 and shall be physically settled as per the mechanism specified in NCL Circular no.67/2018 (Download no. NCL/CMPT/38039) dated 15th June 2018.)
2. No contracts shall be available for trading in the above-mentioned security with effect from 23rd November 2022 onwards.
3. New strikes may be introduced in the existing contract
4. You need to maintain the full value of the MINDTREE positions contract if you wish to take the physical settlement of shares. 
5. If you don’t have sufficient fund value or stocks (in case of a short position) your MINDTREE positions will be squared off anytime after 12 PM on 22nd November 2022 on a best-effort basis.

1. All existing contracts in the underlying NMDC i.e. contracts with expiry dates 27th October, 24th November and 29th December 2022 shall expire on 25th October 2022 and shall be physically settled as per the mechanism specified in NCL Circular no.67/2018 (Download no. NCL/CMPT/38039) dated 15th June, 2018.)
2. You need to maintain the full value of NMDC positions contract if you wish to take physical settlement of shares.

-To provide your consent for physical settlement of open Stock F&O contract(s) with October 2022 expiry visit the ‘Profile’ section on your Upstox account on our App / Web and give your consent from here before EOD on Monday, 24th October 2022.

-Based on your consent, Upstox will evaluate whether your position qualifies for physical settlements and if there is sufficient ledger balances/holdings (whichever applicable) is available.

3. No fresh position will be allowed under the F&O segment  in NMDC from 25th October 2022 
4. NMDC positions with insufficient fund value or stock (in case of short position) will be squared off anytime after 12 PM on 25th October 2022 on a best effort basis.
5.  New contracts in the underlying NMDC (with expiry dates - of 27th October, 24th November and 29th  December 2022) will begin on 27th October

1.  All existing contracts in the underlying AARTIIND i.e. contracts with expiry dates 27th October 2022, 24th November 2022 and 29th December 2022 shall expire on 18th October 2022 and shall be physically settled as per the mechanism specified in NCL Circular no.67/2018 (Download no. NCL/CMPT/38039 dated 15th June 2018)
2. You need to maintain the full value of AARTIIND position contract if you wish to take physical delivery of shares.
3. No fresh position will be allowed under the F&O segment  in AARTIIND from 17th October 2022 AARTIIND positions with insufficient fund value or stock (in case of short position) will be squared off anytime after 12 PM on 18th October 2022 on a best effort basis.
4. All positions in the existing futures and options contracts on the underlying AARTIIND shall cease to exist pursuant to the final settlement on 17th October 2022.
5. The pay-in/payout of the final MTM settlement of all futures contracts on AARTIIND shall be on 18th October 2022 (T+1 day).
6. The physical settlement shall be effected on 19th October 2022 (T+2 day)
7. New contracts in the underlying AARTIIND (with expiry dates - 27th October, 24th November and 29th  December 2022) will begin on 19th October

Bajaj Finserv  has announced the following corporate actions with record date of 14th September 2022 for both:

• A stock split in the ratio 5:1

• A bonus issue in the ratio 1:1

What’s the impact of these corporate actions on existing shareholders of Bajaj Finserv?

• The stock split will happen first and then the bonus shares will be distributed. This means if you hold 1 share of Bajaj Finserv as on record date, then as per the stock split ratio of 5:1 you will have 5 shares. Post this, as per the 1:1 bonus ratio, you will receive 5 bonus shares for the 5 shares you hold.
• When a stock split happens, you can view new holdings only after the ISIN (International Securities Identification Number) is updated
• The average price / P&L is not shown when a corporate action takes place, while we work on  updating this, kindly calculate the average price manually by following steps here: How is the average price calculated for Delivery positions ?
• You can refer to the ledger report to check the price of the shares: What is Ledger report and how do I access it?
• Bonus shares will be credited to your Demat account on the day of allotment under temporary ISIN and will NOT be available for trading/holding until the stocks with the updated ISIN are listed on the Exchange.

• -Trading in RCom shares has been suspended. 
• -You will not be able to buy/sell more shares of RCom
• -You will not be able to see existing shares of RCom under ‘Holdings’ on Upstox. However, you can view them from your Holdings Report by following these steps: How can I check my holdings ? - Upstox Help Center 

• PEL has declared to the Exchange that it will issue and allot 4 equity shares of ₹10/- each for every 1 equity share (of face value of ₹2) held by PEL shareholders.
• The Record Date for the same is 1st September 2022

• All existing contracts with expiry dates 29th September, 27th October and 24th November - 2022 will expire on 29th August 2022. The settlement method will be separately notified to you.
• Derivatives contracts on PEL shall be introduced again (with expiry dates - 29th September, 27th October, and 24th November - 2022) from 30th August 2022.
• The list of option strikes that would be made available for trading on 30th August 2022 shall be notified through a separate circular to be issued on 20th August 2022 post market hours. 

• The maturity date of Indian Oil Corporation Limited (IOC) contracts expiring in June 2022 shall be 29th June, 2022. You can refer to the Exchange circular here

• Adjustments in open F&O positions in IOC shall be carried out only for contracts expiring in July 2022 & August 2022. To know more about these adjustments, refer to this circular here

• If you have any open IOC F&O positions with June expiry, physical settlement will be applicable. Provide consent for physical settlement before 28th June 2022 or square of your positions or square off your position(s) before 12 PM on 29th June. Tap here to know more

• This has no impact on your existing trades and positions
• After-Market-Orders placed on 8th and 9th June 2022 for MOTHERSUMI may not have been processed due to this
• All positions in futures and options contracts in the underlying security MOTHERSUMI (Motherson Sumi Systems Limited) will be carried forward with the underlying symbol MOTHERSON (Samvardhana Motherson International Limited)

• The adjusted base price shall be arrived at by dividing the old futures price by the adjustment factor.
• The adjusted market lot shall be arrived at by multiplying the old market lot by the adjustment factor. The revised market lot would be 1000

• The adjusted strike price shall be arrived at by dividing the old strike price by the adjustment factor. 
• The adjusted market lot shall be arrived at by multiplying the old market lot by the adjustment factor. The revised market lot would be 1000.

1. Login to the Upstox app using your 6-digit PIN or biometrics
2. Click on the name icon on your top left corner
3. Click ‘Account’, then ‘Corporate actions’ and then Buyback / Delisting/ Takeover
4. Select the required stock for buyback
5. Enter the quantity and click on apply 
6. If you have submitted your POA, then the buyback will be confirmed OR

• You can only apply for this buyback if you hold shares of FDC in your Demat account as on 19th February 2022. 
• You shouldn’t sell these shares on or before 27th April 2022. if you’re interested to take part in the buyback offer.
• After applying and offering your shares up for a buyback, you cannot sell them in the market and modify or cancel your original bid.
• You can only sell these shares in the market If the company cancels the buyback and you receive your shares back from the company.
• You will receive the buyback amount for the shares from FDC/ Registrar & Transfer Agent (RTA) directly into your bank account (this will be updated in the records of the depository as well).
• A total of 29,00,000 shares will be accepted by FDC for the buyback and the remaining shares not accepted by FDC will be returned back to shareholders in their Demat account. By 9th May 2022, FDC will credit the payment for the accepted shares and the unaccepted shares will be returned to the user's Demat accounts. The percentage of shares accepted will be decided based on the number of retail investors who have applied for the buyback. 

1. Login to the Upstox app using your 6-digit PIN or biometrics
2. Click on the name icon on your top left corner
3. Click ‘Account’, then ‘Corporate actions’ and then Buyback / Delisting/ Takeover
4. Select the required stock for buyback
5. Enter the quantity and click on apply 
6. If you have submitted your POA, then the buyback will be confirmed OR

• You can only apply for this buyback if you hold shares of TCS in your Demat account as on 23rd February 2022. 
• You shouldn’t sell these shares on or before 23rd March 2022. if you’re interested to take part in the buyback offer.
• After applying and offering your shares up for a buyback, you cannot sell them in the market and modify or cancel your original bid.
• You can only sell these shares in the market If the company cancels the buyback and you receive your shares back from the company.
• You will receive the buyback amount for the shares from TCS/ Registrar & Transfer Agent (RTA) directly into your bank account (this will be updated in the records of the depository as well).
• A total of 4,00,00,000 shares will be accepted by TCS for the buyback and the remaining shares not accepted by TCS will be returned back to shareholders in their Demat account. On 1st April 2022, TCS will credit the payment for the accepted shares and the unaccepted shares will be returned to the user's demat accounts. The percentage of shares accepted will be decided based on the number of retail investors who have applied for the buyback.