Rights Issue - November 2023

The company offers its shareholders the right to purchase its shares at a discount on a predetermined date known as the record date in a rights entit…

The company offers its shareholders the right to purchase its shares at a discount on a predetermined date known as the record date in a rights entitlement. 

Shareholders are granted Rights Entitlements (RE) by temporarily crediting their Demat accounts with RE, giving them the right to participate in a Rights Issue. Please note that these are Rights Entitlement and not Rights shares. To get the shares, you should apply at their respective Registrar & Transfer Agent (RTA) and convert RE into shares. You should keep in mind that RE is temporary, and until you apply and pay the requisite amount, rights shares won’t be credited to your Demat account.

Here’s the listing for November 2023:

CompanyEx-dateRecord DateRI Price (Rs. per share)RE Trading PeriodLast date to apply for Rights SharesWhere to apply for rights sharesCircular
Globalspace Technologies Limited03-Nov03-NovINR 1216- Nov to 20- Nov23- NovASBABSE
Aerpace Industries Limited15- Nov15- NovINR 128- Nov to 04- Dec07- DecASBABSE

Please note: The value of RE will be zero after the Rights Issue closure date.

RE Trading Period: The Exchange will publish a circular 2 days prior to the issue open date.

How to apply for Rights Issue: The Rights Issue offer is updated with ASBA (Application Supported Blocked Amount). 

  • For the online ASBA process, visit the website of an SCSB (Self-certified Syndicate Bank) and apply.
  • For the offline ASBA process, submit a physical application to participate in the Rights Issue at a designated SCSB. 
  • Here's a list of existing SCSBs.

    For more details on Rights Issue/Rights Entitlement, please refer to BSE FAQs.

    As per a recent circular, the name and symbol of Unimode Overseas Ltd. (Scrip code: 512595) will be changed as follows w.e.f 16-Nov-23. Existing…

    As per a recent circular, the name and symbol of Unimode Overseas Ltd. (Scrip code: 512595) will be changed as follows w.e.f 16-Nov-23.

    Existing Symbol New Symbol Existing Name of the CompanyNew Name of the  Company
    UNIMOVRMANBROUnimode Overseas Ltd.Manbro Industries Ltd.

    Refer: BSE Circular

    As per a recent circular, the name and symbol of Sonam Clock Ltd. will be changed as follows w.e.f 15-Nov-23. Existing Symbol New Symbol&nb…

    As per a recent circular, the name and symbol of Sonam Clock Ltd. will be changed as follows w.e.f 15-Nov-23.

    Existing Symbol New Symbol Existing Name of the CompanyNew Name of the  Company
    SONAMCLOCKSONAMLTDSonam Clock Ltd.Sonam Ltd.

    Refer: NSE Circular

    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 i…

    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.

    As per a recent circular, 1 equity share of Atal Realtech Ltd. (Scrip Code: 543911) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Atal Realtech Ltd.ATALREAL1:516-Nov16-Nov

    Refer: BSE Circular | NSE Circular

    Muhurat Trading Session: 12-Nov

    The time of Diwali is important for all investors and traders in the share market. Traders have participated in the customary Muhurat trading on Diwa…

    The time of Diwali is important for all investors and traders in the share market. Traders have participated in the customary Muhurat trading on Diwali for many years. A Muhurat is a particular time or moment that is auspicious, and traders try to make trades during this window for a great trading year ahead.  

    In keeping with the tradition of Diwali, the Muhurat Trading Session this year for Equity, F&O, Currency, and Commodity trading will be held on Sunday, 12-Nov-23. 

    SegmentMarket scheduleStart timeEnd time




    Equity
    Block deal session5:45 pm6:00 pm
    Pre-open*6:00 pm6:08 pm
    Normal market6:15 pm7:15 pm
    Call auction illiquid session*6:20 pm7:05 pm
    Closing session7:25 pm7:35 pm
    Trade modification cut-off time6:15 pm7:45 pm
    Derivatives (F&O, Currency, Commodity)Normal market6:15 pm7:15 pm

    * Random closure in the last one minute

    Timer-based square-off for Muhurat Trading
    ExchangeProduct typeTiming
    NSEBracket7:00 pm
    BSEBracket7:00 pm
    NSE CashIntraday7:01 pm
    BSE CashIntraday7:01 pm
    NSE F&OIntraday7:04 pm
    CDSIntraday7:04 pm
    MCXIntraday7:05 pm

    Please refer to circulars for more information on NSE (Equity & F&O), BSE, CDS, & MCX.

    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 i…

    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.
    As per a recent circular, 1 equity share of Avance Technologies Ltd. (Scrip Code: 512149) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Avance Technologies Ltd.AVANCE1:510-Nov10-Nov

    Refer: BSE Circular

    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 i…

    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.

    As per a recent circular, 1 equity share of Hindcon Chemicals Ltd. will be sub-divided into 5 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Hindcon Chemicals Ltd.HINDCON1:5    10-Nov    10-Nov

    Refer: NSE Circular

    Bonus Issue of DP Wires 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 …

    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, DP Wires Ltd. (Scrip Code: 543962) is issuing 1 bonus share for every 7 existing shares. The key dates for the Bonus Issue are as follows:

    Company NameSymbolRecord dateEx-Bonus basis from Date 
    DP Wires Ltd.DPWIRES08-Nov08-Nov

    Refer: BSE Circular

    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 i…

    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.

    As per a recent circular, 1 equity share of MK Proteins Ltd. (Scrip Code: 543919) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    MK Proteins Ltd.MKPL1:1010-Nov10-Nov

    Refer: BSE circular

    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 i…

    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.

    As per a recent circular, 1 equity share of HP Adhesives Ltd. (Scrip Code: 543433) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    HP Adhesives Ltd.HPAL1:509-Nov09-Nov

    Refer: BSE Circular | NSE Circular