General

A corporate action is a change or event that a company makes which affects its shareholders. These actions can include things like giving out dividends, splitting shares, merging with another company, or offering more shares to buy. Some actions happen automatically, while others may require you to choose what you want to do.

You can track corporate actions for NSE and BSE listed companies on their official websites:
NSE (National Stock Exchange):
1. Visit www.nseindia.com → Go to “Market Data” → Click on “Corporate Actions”

2. BSE (Bombay Stock Exchange):
Visit www.bseindia.com → Go to “Corporates” → Click on “Corporate Actions”

Both websites provide details like dividends, stock splits, bonus issues, rights issues, and more.

This occurs when a client is unable to authorize sell orders due to problems with CDSL (Central Depository Services Limited) TPIN authentication. It may result in failed authorizations or connection errors.
Possible reasons include:
1. Incorrect TPIN entry
2. Connection or network issues between the trading system and CDSL
3. TPIN expiry or deactivation
5. Technical issues at the broker or depository end.

1. Ensure your registered mobile number or email is active and reachable.
2. Check your spam/junk folder for email OTPs.
3. Retry sending the OTP after a few minutes.
4. If still not received, contact customer support to verify your registered details.

1. The system does not allow simultaneous logins for security reasons.
2. Logging in on a second device will automatically log out the first device.
3. To access from another device, log out from the first one and then log in on the second.

You can log in on one mobile device and one web browser simultaneously.
However, simultaneous logins on two mobile devices or two web browsers are not allowed.
To switch devices, log out from the first session before logging in on the second.

The 1Ly options platform is a trading platform that allows clients to view, analyze, and trade options contracts on various underlying securities.

Strategy Creator – The Strategy Creator allows you to use pre-built strategies or create your own custom options strategies for trading.

Option Chain –
a. View up to 50 options from the spot price
b. Configure and view up to 100 strikes.
c. Enable Greeks such as Delta, Theta, Gamma, and Vega to analyze option sensitivities.

Positions – Under the Positions section, you can see all your open positions in real time.

Orders – In the Orders section, you can monitor the status of all your buy/sell orders.

Scanners – The Scanners section provides candlestick charts, technical indicators, and scanning tools to help analyze the market.

If you cannot add or manage watchlists:
1. Ensure you are logged in to your account.
2. Check if your platform version is up to date.
3. Clear cache or refresh the platform, as temporary glitches can prevent watchlist changes.
4. If the issue persists, contact customer support for assistance.

A fractional share is a portion of a stock that is less than one full share and is typically a result of corporate actions such as stock splits or bonus shares. You cannot trade fractional shares in the market and cannot buy or sell them.

Stock splits and Bonus shares

If you hold 15 shares of XYZ Ltd. and the company announces a 5-for-4 stock split, the mathematical calculation shows 18.75 shares. Since fractional shares are not permitted, the exchange adjusts the entitlement and credits only whole shares—typically 19 shares. No fractional or partial shares are credited to clients.

For Stock Splits:

• In India, stock splits NEVER create fractional shares.
• The exchange (NSE/BSE) adjusts quantities so that only whole shares are credited.
• If the split mathematically results in a fractional quantity, the exchange rounds it off, and the broker credits only whole units to clients.

✔ So rounding is done at the exchange level, not by brokers.
✔ Brokers only pass whatever the exchange gives.

For Bonus Shares:

Bonus issues can create fractional entitlements.
Example: You hold 7 shares, and the company announces a 1:3 bonus → you should get 2.33 shares.

But the company cannot issue fractional shares.

What happens to the fractional part?

• Exchange does not credit fractional units.
• The company appoints a trustee who:
• Collects all fractional entitlements,
• Sells them in the market,
• Distributes the cash equivalent to shareholders.

✔ You get cash value, not fractional shares.
✔ No rounding up or down of units to the client.

No, fractional shares cannot be sold by individual investors in India, because:

• Indian stock exchanges do not support trading fractional shares.
• CDSL and NSDL (depositories) only allow whole-number share holdings.
• Brokers cannot place buy/sell orders for fractions (like 0.25, 0.5, or 0.75 shares).