Announcements

A stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more to its existing shareholders.

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 a recent BSE circular, 

The key dates for the same 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 a recent circular, Kama Holdings Ltd. (Scrip Code: 532468) is issuing 4 equity shares for every 1 share held. The key dates for the Bonus Issue are as follows:

Refer: BSE Circular

As per a recent circular, the name and symbol of Surat Textile Mills Ltd. (Scrip code: 530185) will be changed as follows w.e.f 17-Oct-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 a recent circular, Advance Lifestyle Ltd. (Scrip Code: 521048) is issuing 1 equity share for every 1 share held. The key dates for the Bonus Issue are as follows:

Refer: BSE Circular

As per a recent circular, the name and symbol of Shradha Industries Ltd. (Scrip code: 543976) will be changed as follows w.e.f 16-Oct-23.

Refer: BSE Circular 

As per a recent circular, the name and symbol of Lloyds Steels Industries Ltd. (Scrip code: 539992) will be changed as follows w.e.f 16-Oct-23.

Refer: BSE Circular 

As per the recent MCX circular MCX/TECH/700/2023 dated 12- Oct- 2023 the trading hours for the trade date 16- Oct- 2023, are revised as follows:

The Exchange shall restore to original trading hours from 17- Oct- 2023 as follows:

For more details, please refer to the MCX Circular.

Also note that MCX is going live with the new trading platform from 16- Oct- 2023. There will be no change in the client’s trading experience with the app or web platform of Angel One.

These changes are at the exchange level only. This is for your information and no action is required from the client’s end.

For more details, please refer to the MCX Circular.

As per a recent circular, the name and symbol of Vaksons Automobiles Ltd. (Scrip code: 539402) will be changed as follows w.e.f 13-Oct-23.

Refer: BSE Circular 

Per a circular, Indokem Ltd has announced the allotment of equity shares to Refnol Resins & Chemicals Ltd. shareholders w.e.f 11-Oct-23. 1153 equity shares of Indokem Ltd. to be issued as fully paid-up equity shares for every 1000 fully paid-up equity shares held by shareholders of Refnol Resins & Chemicals Ltd.

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 October 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.