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NOTICES
Notice No.   20200305-21   Notice Date   05 Mar 2020
Category   Trading   Segment   Equity
Subject   Trading in Rights Entitlement
 
Content

Trading Members are requested to refer to SEBI circular SEBI/HO/CFD/DIL2/CIR/P/2020/13 dated January 22, 2020, Exchange hereby notifies the following trading parameters for trading Rights Entitlement in the Equity Segment: -

 

Particulars

Description

Segment

Equity Segment

Group

“R” group

Trading Settlement

Trade to Trade, T+2 Rolling Settlement

Order Type

Orders applicable in continuous trading

Order Matching

Anonymous order book. Continuous matching with Price Time priority.

Price band

40% of Base Price.

Tick Size

Rs. 0.05 or Rs. 0.01

Trade Timings/Sessions

Available for trading in Continuous trading session only

STT

STT rate as per serial no 4(a) of the table under section 98 of the Finance (no.2) act 2004, pertaining to ‘Sale of Option in Securities.  STT payable by the seller at the rate of 0.05% of the value at which such Rights Entitlements are traded.

Transaction Charges

Rs. 275/- per crore of gross turnover

 

Trading Members re requested to take the note of the same. For further details members are requested to contact their respective relationship manager.

 

For & On behalf of BSE Ltd,

 

 

Ketan Jantre

Sameer Vaze

Sr.GM – Trading Operations

AGM – Trading Operations