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 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:
Company | Ex-date | Record Date | RI Price (Rs. per share) | RE Trading Period | Last date to apply for Rights Shares | Where to apply for rights shares | Circular |
Globalspace Technologies Limited | 03-Nov | 03-Nov | INR 12 | 16- Nov to 20- Nov | 23- Nov | ASBA | BSE |
Aerpace Industries Limited | 15- Nov | 15- Nov | INR 1 | 28- Nov to 04- Dec | 07- Dec | ASBA | BSE |
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.
W.e.f 16-Nov: New Identity for Unimode Overseas Ltd.
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 Company | New Name of the Company |
UNIMOVR | MANBRO | Unimode Overseas Ltd. | Manbro Industries Ltd. |
Refer: BSE Circular
W.e.f 15-Nov: New Identity for Sonam Clock Ltd.
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 Company | New Name of the Company |
SONAMCLOCK | SONAMLTD | Sonam Clock Ltd. | Sonam Ltd. |
Refer: NSE Circular
Sub-division of equity shares of Atal Realtech Ltd.
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 Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Atal Realtech Ltd. | ATALREAL | 1:5 | 16-Nov | 16-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 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.
Segment | Market schedule | Start time | End time |
Equity | Block deal session | 5:45 pm | 6:00 pm |
Pre-open* | 6:00 pm | 6:08 pm | |
Normal market | 6:15 pm | 7:15 pm | |
Call auction illiquid session* | 6:20 pm | 7:05 pm | |
Closing session | 7:25 pm | 7:35 pm | |
Trade modification cut-off time | 6:15 pm | 7:45 pm | |
Derivatives (F&O, Currency, Commodity) | Normal market | 6:15 pm | 7:15 pm |
* Random closure in the last one minute
Timer-based square-off for Muhurat Trading | ||
Exchange | Product type | Timing |
NSE | Bracket | 7:00 pm |
BSE | Bracket | 7:00 pm |
NSE Cash | Intraday | 7:01 pm |
BSE Cash | Intraday | 7:01 pm |
NSE F&O | Intraday | 7:04 pm |
CDS | Intraday | 7:04 pm |
MCX | Intraday | 7:05 pm |
Please refer to circulars for more information on NSE (Equity & F&O), BSE, CDS, & MCX.
Sub-division of equity shares of Avance Technologies Ltd.
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 Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Avance Technologies Ltd. | AVANCE | 1:5 | 10-Nov | 10-Nov |
Refer: BSE Circular
Sub-division of equity shares of Hindcon Chemicals Ltd.
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 Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Hindcon Chemicals Ltd. | HINDCON | 1:5 | 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 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 Name | Symbol | Record date | Ex-Bonus basis from Date |
DP Wires Ltd. | DPWIRES | 08-Nov | 08-Nov |
Refer: BSE Circular
Sub-division of equity shares of MK Proteins Ltd.
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 Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
MK Proteins Ltd. | MKPL | 1:10 | 10-Nov | 10-Nov |
Refer: BSE circular
Sub-division of equity shares of HP Adhesives Ltd.
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 Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
HP Adhesives Ltd. | HPAL | 1:5 | 09-Nov | 09-Nov |
Refer: BSE Circular | NSE Circular