Description

NSE adjusts market lot size for USHA FINANCIAL SERVICES LIMITED from 800 to 1600 shares due to 1:1 bonus issue effective August 19, 2025.

Summary

NSE has adjusted the market lot size for USHA FINANCIAL SERVICES LIMITED (USHAFIN) on the SME platform from 800 to 1600 shares due to a 1:1 bonus issue. The adjustment takes effect on August 19, 2025.

Key Points

  • Company: USHA FINANCIAL SERVICES LIMITED (Symbol: USHAFIN)
  • Corporate Action: 1:1 Bonus Issue
  • Adjustment Factor: 2
  • New Market Lot: 1600 shares
  • Ex-date/Effective Date: August 19, 2025
  • Record Date: August 19, 2025

Regulatory Changes

No regulatory framework changes. This is a standard market lot adjustment following corporate action procedures.

Compliance Requirements

  • Members must load updated security files (security.gz/nnf_security.gz/MII - Security File.gz) in trading applications before trading on August 19, 2025
  • Files available from common/NTNEAT directory on Extranet server
  • MII - Security File.gz also available on NSE website at https://www.nseindia.com/all-reports

Important Dates

  • August 19, 2025: Ex-date, Effective Date, and Record Date for bonus issue
  • Before August 19, 2025: Members must update trading systems with new security files

Impact Assessment

Limited impact affecting only USHAFIN trading on SME platform. The market lot increase from 800 to 1600 shares reflects the 1:1 bonus ratio, maintaining proportional trading mechanics. Members need to ensure system updates to avoid trading disruptions for this specific security.

Impact Justification

Market lot adjustment affects trading mechanics for specific SME stock but has limited broader market impact