Bonus Issue of Axita Cotton Ltd.
A bonus Issue is one of the corporate actions where a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholder.
As per the recent BSE circular, Axita Cotton Ltd. (Scrip Code: 542285) is issuing 1 bonus share for every 3 existing shares. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Axita Cotton Ltd. | AXITA | 25-Dec | 22-Dec |
Refer: BSE Circular
Dividend payment by Vedanta Ltd.
A dividend is an amount the company pays to its shareholders out of its profits. These regular profit-sharing payment in the form of dividends is a corporate action initiated by the company regularly.
As per a recent circular, Vedanta Ltd. has announced a dividend payment of Rs 11. The key dates for the same are as follows:
Company Name | Symbol | Dividend Amount | Record date |
Vedanta Ltd. | VEDL | Rs 11 | 27-Dec-23 |
1. The above changes shall be effective from the ex-date / effective date
2. The revised options strike/futures base prices and the lot size on account of adjustment would appear in decimal places and shall be rounded off to the nearest tick size and the lot size shall be rounded off to the nearest integer.
3. The details of the revised option strike prices, futures prices, lot size and quantity freeze limit wherever applicable, will be informed to members separately via circular one day prior to the ex-date / effective date.
Refer: NSE Circular
Change in margin schedule for F&O open positions due to trading holiday on 25-Dec
As per the exchange guidelines, the margin required for all the existing F&O Open Positions will start increasing four days before the expiry date (i.e., the last Thursday of every month) in a staggered manner.
However, due to the trading holiday on 25-Dec-2023, i.e., Monday, on the occasion of Christmas, the F&O Open Positions margin schedule has changed.
The revised margin schedule is given below.
Date | Day | Margin Applicable |
21-Dec-23 | Thursday | 10% of the delivery margin computed |
22-Dec-23 | Friday | 25% of the delivery margin computed |
26-Dec-23 | Tuesday | 45% of the delivery margin computed |
27-Dec-23 | Wednesday | 75% of the delivery margin computed |
28-Dec-23 | Thursday | 100% of the delivery margin computed |
Buyback Offer of SIS Ltd.
Buyback of shares is the process wherein a corporation rebuys its own shares from its shareholders. This way, the company that had earlier issued shares pays some of its shareholders and absorbs that part of ownership that several investors had before.
As per a circular from NSE, SIS Ltd. has announced a buyback offer of its equity shares from 18-Dec to 22-Dec. The offer price is Rs. 550 per equity share, and the lot size is 1 equity share.
All trading members of the Capital Market Segment are eligible to participate in the Tender Offer facility.
Name of Company | Symbol | Offer price per share | Scheme |
---|---|---|---|
SIS Ltd. | SIS | Rs. 550 | Buyback |
Read more: NSE Circular
Buyback Offer of Somany Ceramics Ltd.
Buyback of shares is the process wherein a corporation rebuys its own shares from its shareholders. This way, the company that had earlier issued shares pays some of its shareholders and absorbs that part of ownership that several investors had before.
As per a circular from NSE, Somany Ceramics Ltd. has announced a buyback offer of its equity shares from 21-Dec to 28-Dec. The offer price is Rs. 850 per equity share, and the lot size is 1 equity share.
All trading members of the Capital Market Segment are eligible to participate in the Tender Offer facility.
Name of Company | Symbol | Offer price per share | Scheme |
---|---|---|---|
Somany Ceramics Ltd. | SOMANYCERA | Rs. 850 | Buyback |
Read more: NSE Circular
Bonus Issue of Alphalogic Techsys Ltd.
A bonus Issue is one of the corporate actions where a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholder.
As per the recent BSE circular, Alphalogic Techsys Ltd. (Scrip Code: 542770) is issuing 1 bonus share for every 3 existing shares. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Alphalogic Techsys Ltd. | ALPHALOGIC | 22-Dec | 22-Dec |
Refer: BSE Circular
Bonus Issue of Paul Merchants Ltd.
A bonus Issue is one of the corporate actions where a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholder.
As per the recent BSE circular, Paul Merchants Ltd. (Scrip Code: 539113) is issuing 2 bonus shares for every 1 existing share. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Paul Merchants Ltd. | PML | 19-Dec | 19-Dec |
Refer: BSE Circular
W.e.f 20-Dec: New Identity for Aishwarya Technologies & Telecom Ltd.
As per a recent circular, the name and symbol of Aishwarya Technologies & Telecom Ltd. (Scrip code: 532975) will be changed as follows w.e.f 20-Dec-23.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
AISHWARYA | TELOGICA | Aishwarya Technologies & Telecom Ltd. | Telogica Ltd. |
Refer: BSE Circular
W.e.f 20-Dec: New Identity for Indo Asian Finance Ltd.
As per a recent circular, the name and symbol of Indo Asian Finance Ltd. (Scrip code: 530747) will be changed as follows w.e.f 20-Dec-23.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
INDOASIAF | CHALLANI | Indo Asian Finance Ltd. | Challani Ltd. |
Refer: BSE Circular
Bonus Issue of IFL Enterprises Ltd.
A bonus Issue is one of the corporate actions where a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholder.
As per the recent BSE circular, IFL Enterprises Ltd. (Scrip Code: 540377) is issuing 1 bonus share for every 10 existing shares. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
IFL Enterprises Ltd. | IFL | 18-Dec | 18-Dec |
Refer: BSE Circular