Announcements

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. 

Read more: NSE Circular

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:

Refer: BSE Circular

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:

Refer: BSE Circular

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.

Refer: BSE Circular 

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.

Refer: BSE Circular

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:

Refer: BSE Circular

Offer for Sale of below company is open in BSE/NSE. To Place your OFS Request:

As per a recent circular, the name and symbol of Atlanta Ltd. (Scrip code: 532759) will be changed as follows w.e.f 15-Dec-23.

Refer: BSE Circular | NSE Circular

Here's the list of the latest Buybacks, Takeovers and Delisting. The Offer Period and Price are mentioned along with them. To participate in any of these:

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 December 2023:

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). 

Here's a list of existing SCSBs.

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