ANNOUNCEMENTS

16th May 2022 is a settlement holiday on account of Buddha Purnima. Due to this, all equity trades placed on 13th and 16th May 2022 will be settled on 18th May 2022.

To help you understand what this means, we’ve simplified the details below.

What’s a settlement holiday?
Settlement holidays are when markets are open but settlement of your trades do not take place as per the usual T+2 cycle because either the depositaries (NSDL and CDSL) are closed or banks are closed on that day.

How does this holiday impact your trades?
Since the settlement date denotes the final transfer of ownership of shares and not the day you made the trade, a holiday in between causes a delay in the final transfer of shares.

What will be the impact of the Settlement Holiday on 16th May 2022?
On account of the settlement holiday on Monday, 16th May 2022 note the following impact:

1. All trades placed on 13th and 16th May 2022 in the Equity segment will be settled by 18th May 2022.
2. All trades placed on 13th May in the Derivative segment will be settled on 17th May 
3. All shares bought on 13th May will be visible under T1 holdings on 16th May but you will only be able to sell them from 17th May onwards
4. The credit bill amount for all segments on 13th May will not be available for trading or withdrawal purposes on 16th May
5. Withdrawals will not be processed on 16th May 2022 

You can also check a list of future settlement holidays here.

Indus Towers Limited (INDUSTOWER) conducted a meeting with its Board of Directors on 5th May 2022. As per this meeting, it has declared, to the Exchange, an Interim Dividend of ₹11  per equity share on equity shares of ₹10/- each, of the Company.

The record date for the purpose of payment of dividend is 17th May, 2022

Adjustments for Futures Contracts:
The base price of the Futures contracts on 13th May 2022, will be the reference rate less aggregate amount of dividend i.e.₹11. The reference rate for this purpose shall be the daily mark to market settlement price of the relevant futures contract. 

Adjustments for Options Contracts:

The full value of dividend i.e. ₹11 would be deducted from all the cum-dividend strike prices on the ex-dividend date.
 

To know more, read the circular here.

Note: For all positions taken before 13th May 2022, you may see a slight deviation in the carried forward (c/f) average price of INDUSTOWER due to the corporate action mentioned above.

Oracle Financial Services Software (OFSS) conducted a meeting with its Board of Directors on 4th May 2022. As per this meeting, it has declared, to the Exchange, an Interim Dividend of ₹190  per equity share on equity shares of ₹5/- each, of the Company.

The record date for the purpose of payment of dividend is 17th May, 2022

Adjustments for Futures Contracts:

The base price of the Futures contracts on 13th May 2022, will be the reference rate less aggregate amount of dividend i.e.₹190. The reference rate for this purpose shall be the daily mark to market settlement price of the relevant futures contract. 

Adjustments for Options Contracts:

The full value of dividend i.e. ₹190 would be deducted from all the cum-dividend strike prices on the ex-dividend date.
 

To know more, read the circular here.

Note: For all positions taken before 13th May 2022, you may see a slight deviation in the carried forward (c/f) average price of OFSS due to the corporate action mentioned above.

Oracle Financial Services Software (OFSS) conducted a meeting with its Board of Directors on 4th May 2022. As per this meeting, it has declared, to the Exchange, an Interim Dividend of ₹190  per equity share on equity shares of ₹5/- each, of the Company.

The record date for the purpose of payment of dividend is 17th May, 2022

Adjustments for Futures Contracts:
The base price of the Futures contracts on 13th May 2022, will be the reference rate less aggregate amount of dividend i.e.₹190. The reference rate for this purpose shall be the daily mark to market settlement price of the relevant futures contract. 

Adjustments for Options Contracts:

The full value of dividend i.e. ₹190 would be deducted from all the cum-dividend strike prices on the ex-dividend date.
 

To know more, read the circular here.

Note: For all positions taken before 13th May 2022, you may see a slight deviation in the carried forward (c/f) average price of OFSS due to the corporate action mentioned above.

VEDL conducted a meeting with its Board of Directors on 28th April 2022. As per this meeting, it has declared, to the Exchange, an Interim Dividend of ₹31.50  per equity share on equity shares of ₹1/- each, of the Company.

The record date for the purpose of payment of dividend is 9th May, 2022

Adjustments for Futures Contracts:
The base price of the Futures contracts on 6th May 2022, will be the reference rate less aggregate amount of dividend i.e.₹31.50. The reference rate for this purpose shall be the daily mark to market settlement price of the relevant futures contract. 

Adjustments for Options Contracts:

The full value of dividend i.e. ₹31.50 would be deducted from all the cum-dividend strike prices on the ex-dividend date.
 

To know more, read the circular here.

Note: For all positions taken before 6th May 2022, you may see a slight deviation in the carried forward (c/f) average price of VEDL due to the corporate action mentioned above.