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 equ…

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.

Name of CompanySymbolReason for Suspension
Refnol Resins & Chemicals Ltd.REFNOLScheme of Amalgamation

Rights Issue - October 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 October 2023:

CompanyEx-dateRecord DateRI Price (Rs. per share)RE Trading PeriodLast date to apply for Rights SharesWhere to apply for rights sharesCircular
Bhandari Hosiery Exports Limited13-Sep13-SepINR 5.5003-Oct to 09-Oct13-OctASBABSE
Globe International Carriers Limited22- Sep22- SepINR 49.5004-Oct to 09- Oct 12- OctASBANSE
Dudigital Global Limited22- Sep22- SepINR 26.5029- Sep to
10- Oct
16- OctASBANSE
Marshall Machines Limited29- Sep29- SepINR 44.5011- Oct to 16- Oct19- OctASBANSE
Syschem (India) Limited29- Sep29- SepINR 4016- Oct to 23- Oct27- OctASBABSE
Highways Infrastructure Trust (InvITs)29- Sep29- SepINR 77.9609- Oct to 09- Oct11- OctASBANSE

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 Vapi Paper Mills Ltd. (Scrip code: 502589) will be changed as follows w.e.f 09-Oct-23. Existing…

    As per a recent circular, the name and symbol of Vapi Paper Mills Ltd. (Scrip code: 502589) will be changed as follows w.e.f 09-Oct-23.

    Existing Symbol New Symbol Existing Name of the CompanyNew Name of the  Company
    VAPIPPRVAPIENTERVapi Paper Mills Ltd.Vapi Enterprise Ltd.

    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 Themis Medicare Ltd. (Scrip Code: 530199) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Themis Medicare Ltd.THEMISMED1:510-Oct10-Oct

    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 Gujarat Themis Biosyn Ltd. (Scrip Code: 506879) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Gujarat Themis Biosyn Ltd.GUJTHEM1:510-Oct10-Oct

    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 Sigachi Industries Ltd. (Scrip Code: 543389) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Sigachi Industries Ltd.SIGACHI1:1009-Oct09-Oct

    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 Surya Roshni Ltd. will be sub-divided into 2 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Surya Roshni  Ltd.SURYAROSNI1:206-Oct06-Oct

    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 Focus Lighting & Fixtures 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
    Focus Lighting & Fixtures Ltd.FOCUS1:506-Oct06-Oct

    Refer: NSE Circular

    As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 03- Oct -23. Below are the Quantity Freeze …

    As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 03- Oct -23.

    Below are the Quantity Freeze Limits & Maximum Lots per Order applicable for the mentioned indices:

    No.IndicesQuantity Freeze Limit(Maximum units you can buy or sell per order)Maximum lots per Order(Quantity Freeze Limit/Lot Size*)
    1.BANKNIFTY90036
    2.NIFTY180036
    3.FINNIFTY180045
    4.MIDCPNIFTY420056

    *Lot Size refers to Units per Lot. This is defined by the Exchange and is currently as follows:

    BANKNIFTY=25; NIFTY=50; FINNIFTY=40; MIDCPNIFTY=75

    Refer: NSE Circular

    Rights Issue - October 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 October 2023:

    CompanyEx-dateRecord DateRE Trading PeriodLast date to apply for Rights SharesWhere to apply for rights sharesCircular
    Bhandari Hosiery Exports Limited13-Sep13-Sep03-Oct to 09-Oct13-OctASBABSE

    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.