Corporate Actions - November 2024

[Nov-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

Worth Investment & Trading Co Limited

538451

14-Nov-24

14-Nov-24

3:2

BSE Circular

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

Roto Pumps Ltd.

ROTO

1:2

08-Nov-24

08-Nov-24

BSE Circular

Sudarshan Pharma Industries Ltd

543828

1:10

23-Nov-24

22-Nov-24

BSE Circular

Dividend

A dividend is an amount the company pays to its shareholders out of its profits. This regular profit-sharing payment in the form of dividends is a corporate action initiated by the company regularly. 

Company Name

Symbol

Dividend Amount

Record Date

Effective Date

Circular

Coal India Limited

COALINDIA

₹15.75

05-Nov-24

05-Nov-24

NSE Circular

Petronet LNG Limited

PETRONET

₹7

08-Nov-24

08-Nov-24

NSE Circular | BSE Circular

Name Change

Existing Symbol 

New Symbol 

Record Date

Existing Name of the Company

New Name of the Company

Circular

INDINFR

INTERISE

12-Nov-24

IndInfravit Trust

Interise Trust

NSE Circular

532024

532024

13-Nov-24

R.B. Gupta Financials Ltd.

Aarcon Facilities Limited

BSE Circular

530077

530077

18-Nov-24

Freshtrop Fruits Ltd.

Puretrop Fruits Limited

BSE Circular

538794

538794

18-Nov-24

Jet Infraventure Ltd

Jet Solar Limited

BSE Circular

925IHFL29

925VFPL22

14-Nov-24

Veritas Finance Private Limited

Veritas Finance Limited

NSE Circular

Suspension of Trading in Shares

Name of the Company

Symbol

Effective Date

Reason for Suspension

Circular

Techindia Nirman Limited

526576

18-Nov-24

Non-compliance of SEBI Regulations

BSE Circular

Concrete Credit Ltd

539266

18-Nov-24

Non-compliance of SEBI Regulations

BSE Circular

Sagar Diamonds Ltd

540715

18-Nov-24

Non-compliance of SEBI Regulations

BSE Circular

HRB Floriculture Ltd

531724

11-Nov-24

Non-compliance of SEBI Regulations

BSE Circular

Carnation Industries Ltd

530609

14-Nov-24

Reduction of Equity Share Capital

BSE Circular

Jet Airways (India) Limited

532617

08-Nov-24

Liquidation

BSE Circular

Takeover

A Takeover is a type of corporate action in which one company (the acquirer) acquires or takes control of another (the target). Such a takeover occurs through the merger and acquisition process and can affect the company's structure in various ways. 

Name of Company

Symbol

Offer Price Per Share

Circular

Nagarjuna Agritech Limited

NAGTECH

₹20

BSE Circular

LCC Infotech Ltd

LCCINFOTECH

₹3.51

BSE Circular

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