Corporate Actions - December 2024
[Dec-24] Stay ahead of the curve with our monthly Corporate Actions roundup!
Corporate actions have an impact on your portfolio and thus, staying informed is a key. To help you stay up-to-date, we’ve compiled a list of all the corporate actions happening this month. Whether you are tracking a subdivision that could adjust your shareholdings, a buyback that will boost your stock, or your share of profits in the form of dividends, we’ve got you covered.
Various types of corporate actions we have covered here are sub-divisions, dividends, bonus issues, buybacks, takeovers, delistings, and name changes. So, dive in, explore the details, and stay ahead in your investment journey.
Bonus Issue
A bonus Issue is a corporate action in which a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholder.
Company Name |
Symbol/Scrip Code |
Record Date |
Ex-Bonus Basis from Date |
Bonus Issue |
Circular |
Wipro Limited |
WIPRO |
03-Dec-24 |
03-Dec-24 |
1:1 |
|
Achyut Healthcare Limited |
543499 |
10-Dec-24 |
10-Dec-24 |
4:10 |
|
Sky Gold Limited |
541967 |
16-Dec-24 |
16-Dec-24 |
9:1 |
|
Rajeshwari Cans Limited |
543285 |
19-Dec-24 |
19-Dec-24 |
1:1 |
|
Bharat Seats Ltd |
523229 |
20-Dec-24 |
20-Dec-24 |
1:1 |
|
Linc Ltd |
531241 |
20-Dec-24 |
20-Dec-24 |
1:1 |
Subdivision/Stock Split
Stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.
Company Name |
Symbol |
Sub-division Ratio |
Record Date |
Ex-split Date |
Circular |
Eraaya Lifespaces Ltd |
531035 |
1:10 |
06-Dec-24 |
06-Dec-24 |
|
Achyut Healthcare Limited |
543499 |
1:10 |
10-Dec-24 |
10-Dec-24 |
|
Mazagon Dock Shipbuilders Ltd |
543237 |
1:2 |
27-Dec-24 |
27-Dec-24 |
|
Linc Ltd |
531241 |
1:2 |
20-Dec-24 |
20-Dec-24 |
Name Change
Existing Symbol |
New Symbol |
Record Date |
Existing Name of the Company |
New Name of the Company |
Circular |
IIFLSEC |
IIFLCAPS |
03-Dec-24 |
IIFL Securities Limited |
IIFL Capital Services Limited |
|
SWOJAS |
SWOJAS |
02-Dec-24 |
Swojas Energy Foods Ltd. |
Swojas Foods Limited |
|
ONIXSOLAR |
ONIXSOLAR |
06-Dec-24 |
ABC Gas (International) Ltd. |
Onix Solar Energy Limited |
|
975797 |
975797 |
10-Dec-24 |
Laxmi India Finance Pvt Ltd |
Laxmi India Finance Limited |
|
936276 |
936276 |
13-Dec-24 |
Indiabulls Commercial Credit Ltd |
Sammaan Finserve Limited |
|
- |
- |
10-Dec-24 |
Vedika Vanijya Pvt. Ltd. |
Vedika Stock Broking Private Limited |
|
530177 |
530177 |
18-Dec-24 |
SPS International Ltd |
VK Global Industries Limited |
|
505302 |
505302 |
17-Dec-24 |
Lakshmi Automatic Loom Works Ltd. |
Lakshmi Engineering and Warehousing Limited |
Suspension of Trading in Shares
Name of the Company |
Symbol |
Effective Date |
Reason for Suspension |
Circular |
Neueon Towers Limited |
NTL |
06-Dec-24 |
Capital Reduction |