Is it the LTP of TSBSL on12th November? '-':(CompData.SetlType)}}, {{checknullheader(CompData.Index)? Company responsibility is to cancell the Bsl shares and give you one share of Tata Share and nothing else. So upon allotment, these will be listed on the exchanges (though the date is not known yet). Before the suspension TSBSL share closed at around 85. Please contact the moderators of this subreddit if you have any questions or concerns.

By continuing to browse the site you are agreeing to our use of cookies. '-':(CompData.PE)}}, {{checknullheader(CompData.PB)? MC30 is a curated basket of 30 investment-worthy mutual Fund (MF) schemes. {{HeaderData[0].chg}} {{HeaderData[0].perchg}}%. RSS stands for Really Simple Syndication. Developed by hedge funds, global asset management companies, experienced wealth management firms and portfolio managers. In long term the synergy should reduce costs and improve ebtida. Like, what benefit does the company get after amalgamation ? Once allotted, the price of the share will be based on the market demand and supply. The board of directors of the transferee company will consolidate all the fractional shares and allot these to a trustee appointed by the board. As a result of this, shares of Tata Steel BSL will be suspended from trading on exchanges from 15th November 2021 onwards and will not reflect in your holdings on Kite. Reproduction of news articles, photos, videos or any other content in whole or in part in any form |, Trendlyne Marketwatch Let me try to explain - this is based on my understanding. Bulk purchases of raw materials at one central point. Any fractional shares will be cash-settled by the company. At what price will it come to my holding once listed?

Copyright SteelOrbis Electronic Marketplace Inc. SteelOrbis websites use cookies. Is there any other benefits other that this ? At which rate the fractional shares are cash-settled? After the amalgamation for 15 qty 1 TSL share will be credited, On which price the share will be credited? There are many synergies in amalgamation, the most important being cost saving - there is no need for having different board of directors, HR, etc. The merger of the company is as per sanction of Indias National Company Law Tribunal, the company said. How good are your current hold decisions? Use the Daily Discussion Thread for basic queries. Update: The amalgamated shares of TATASTLBSL have been credited to your Demat account with a temporary ISIN (trading approval awaiting from the exchange). Only Tata Steel BSL shareholders will be affected. .ar{fill:#eb6135;stroke:#b24226;}.br,.dr{fill:none;}.br{stroke:#fff;}.cr{stroke:none;}, BSE: 500055 | NSE: TATASTLBSL | Im guessing you get cash for the remainder of shares not divisible by 15.

for every 15 shares of BSL you will get 1 share of tata steel. mcmarketstockprice->Moneycontrol/MC_Market/MC_Market_StockPrice_728x90|~|Moneycontrol/MC_Market/MC_Market_StockPrice_300x250|~|Moneycontrol/MC_Market/MC_Market_StockPrice_728x90_2|~|Moneycontrol/MC_Market/MC_Market_StockPrice_728x90_1|~|Moneycontrol/MC_Market/MC_Market_StockPrice_300x250_2|~|Moneycontrol/MC_Market/MC_Market_StockPrice_300x250_1|~|Moneycontrol/MC_Market/MC_Market_StockPrice_300x250_BTF|~|Moneycontrol/MC_PriceChart/MC_PriceChart_300x250_ATF|~|Moneycontrol/MC_PriceChart/MC_PriceChart_728x90_ATF|~|Moneycontrol/MC_PriceChart/MC_PriceChart_728x90_BTF|~|Moneycontrol/MC_Market/MC_Market_StockPrice_300x250/MC_Market_StockPrice_Notices_300x250_ATF|~|Moneycontrol/MC_Market/MC_Market_StockPrice_QuartResult_728x90|~|Moneycontrol/MC_Market/MC_Market_StockPrice_CapitalStruc_728x90|~|Moneycontrol/MC_Market/MC_Market_StockPrice_PriceChart_728x90|~|Moneycontrol/MC_Market/MC_Market_StockPrice_History_300x600_ATF|~|Moneycontrol/MC_PriceChart/MC_PriceChart_300x250_ATF_1|~|Moneycontrol/MC_PriceChart/MC_PriceChart_728x90_ATF_1|~|Moneycontrol/MC_PriceChart/MC_PriceChart_300x250_MTF->, Tata Steel BSL Limited is not traded on BSE in the last 30 days, Tata Steel BSL Limited is not traded on NSE in the last 30 days, Invest in Stacks (Expert curated portfolio using, Unlocking opportunities in Metal and Mining, PhonePe Beat of Progress Powered by Moneycontrol. My total investment & profit should be Rs 900 + 375 = 1275 on TSBSL. ISIN: INE824B01021 | SECTOR: Steel - CR & HR StripsSteel - CR & HR Strips, Statement Of Investor Complaints For The Quarter Ended June 2022, Board Meeting Outcome for Outcome Of Board Meeting. Noob here. I have bought tata steel bsl shares on 12th November.

: GLAND, HINDZINC, News by Trendlyne Discord. Orbis Turkish Scrap Forecaster, Orbis HRC CIS Export Forecaster For every 15 TATASTLBSL shares, 1 TATASTEEL share will be allocated. I do not understand, when the shares are suspended from trading, how anybody would be able to sell the shares in the market at prevailing market price. Is there any specific reason for this ?

Learn, discover & invest in smallcases across different types to build your long term portfolio. Board Meeting Intimation for Intimation Of The Board Meeting To Be Held On 04.08.2022 Board Meeting Intimation for Intimation Of Board Meeting & Closure Of The Trading Window Minutes Of The Resolution(S) Passed By Way Of Postal Ballot By Remote 31St Annual General Meeting As On 18Th August, 2022. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited. Hi, /u/TheRandomHooman! ({{CompData.SecurityId}} | {{CompData.SecurityCode}} | {{CompData.ISIN}}), {{ScripHeaderData.Header.Ason}} | All Prices in, {{ScripHeaderData.Header.IDB_DisplayText}}, {{ScripHeaderData.Header.PRE_OPEN_NO_BIDS}}, {{ScripHeaderData.Header.PRE_OPEN_NO_I_PRICE}}, {{ScripHeaderData.Header.PRE_OPEN_I_PRICE}}, {{ScripHeaderData.Header.PRE_OPEN_I_PRICE_QTY}}, {{ScripHeaderData.Header.PCAS_INDICATIVE_PRICE}}, {{ScripHeaderData.Header.PCAS_INDICATIVE_QTY}}, {{ScripHeaderData.Header.PERODIC_CALL_AUCTION}}, {{HLdata.Fifty2WkHigh_adj|number:2}}{{HLdata.Fifty2WkHigh_adjDt}}, {{HLdata.Fifty2WkLow_adj|number:2}}{{HLdata.Fifty2WkLow_adjDt}}, {{PriceBand.UpperT}}({{PriceBand.PBpcUC}}%), {{PriceBand.LowerT}}({{PriceBand.PBpcLC}}%), {{checknullheader(CompData.FaceVal)? What happens if you have less than 15 shares of bsl? Track your portfolio 24X7. Iron & Steel/Interm.Products, Motilal Oswal Midcap 30 Fund (MOF30) - Reg - G, Templeton India Equity Income Fund - Reg - G, SBI EQUITY OPPORTUNITIES FUND - SERIES IV - Reg - G, Principal Emerging Bluechip Fund - Reg - G, DSP 3 Years Close Ended Equity Fund (Maturity Date 4-Jan-2021) - Reg - G. Orbis HRC CIS Export Forecaster. What impact will it have on share price of BSL? Current price of TATASTEEL is almost 15x of TATASTLBSL. |, The Baseline

You have 15 shares of BSL. Fundamental, Stock Ideas, Multibaggers & Insights, Stock & Index F&O Trading Calls & Market Analysis, Commodity Trading Calls & Market Analysis, Currency Derivatives Trading Calls & Insights, Options Trading Advice and Market Analysis, Model portfolios, Investment Ideas, Guru Screens and Much More, Proprietary system driven Rule Based Trading calls, Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas, Details stock report and investment recommendation, 0.00 (0.00%) When such cash settlement takes place? Orbis Turkish Scrap Forecaster You can check out the clause 13.7 here. In case of fractional entitlement, you will receive cash in your bank account. Chart of the week: While several currencies fall, Russian ruble gains against US dollar , Market closes higher, Bank of India initiates insolvency proceedings against Future Retail, Market closes higher, HDFC Lifes Q1 profit up 22% YoY to Rs 328.7 crore, MPHASIS LTD. - 526299 - Announcement under Regulation 30 (LODR)-Investor Presentation - Mphasis Limited , Coforge Ltd - 532541 - Record Date - Record Date, Coforge Ltd - 532541 - Board Meeting Outcome for Outcome Of Board Meeting - , Coforge Ltd - 532541 - Announcement under Regulation 30 (LODR)-Dividend Updates - Dividend, Coforge Ltd - 532541 - Announcement under Regulation 30 (LODR)-Press Release / Media Release , Industry: Powered by Discourse, best viewed with JavaScript enabled, Amalgamation of Tata Steel BSL and Tata Steel Ltd. In short term, it's hard to predict. The new age digital currency to diversify a portfolio.

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(1 new), As risks pile up, it's not yet safe to buy the dip, Easing of supply chain constraints may soothe Gland Pharma's pain, Results Declared in Last Two Days with both YoY and QoQ Profit Growth, MFs for your child's education or retirement, Technical Screeners (RSI, MFI, EMA/SMA and more), Trending Today: Stocks with Highest Dividend Yields, Just getting started? Tata Steel BSL Limited is Indias fifth-largest steel producer with an installed capacity of 5.6 million mt per year. When will tata steel shares be credited post merger with tata steel bsl. Same doubt as I am holding some fractional shares. ( Unrealised profit 15 * 25 ) 375 Instagram. The eligible shareholders have received an email from CDSL for the debit of TATASTLBSL and credit of TATA STEEL shares based on the ratio. So it is after this, the trustee appointed will sell the consolidated fractional shares. '-':(CompData.FaceVal)}}, {{checknullheader(CompData.EPS)? Once the share will be credited after 15 to 20 days, On crediting day closing price will be allotted? From the perspective of Tata Steel Balance sheet, the financials of tata steel bls will be merged and the merged financials, I am sure will be stronger, from P&L and Cashflow perspective.

Technology/soft ware can be used across the group. It will show you what's new since the last time you checked the feed, without having to visit the website. You can refer to this exchange circular for more information. Please use proper post flairs and adhere to the rules in the sidebar. Add your portfolio to get detailed insights, Portfolio NAV: The true performance of your portfolio, Market closes higher, PVR posts a profit of Rs 53.4 crore in Q1FY23, Chart of the week: While several currencies fall, Russian ruble gains against US dollar in 2022, The steel supercycle sputters along, and Tata Steel is positive on long term growth, Hindustan Zinc beats estimates, Q1 net profit up 56% at Rs 3,092 crore, Reliance brands partners Italian firm Maison Valentino, ITC launches super app 'ITCMAARS' to boost agricultural business. Download any online RSS reader of your choice. Yes, you will be eligible to receive shares of Tata Steel. What does it mean for Tata Steel Shareholders ? The amalgamated shares of Tata Steel will be visible in your holdings once credited and listed on the exchanges.