Bonus Issue of Shilchar Technologies 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, Shilchar Technologies Ltd. (Scrip Code: 531201) is issuing 1 bonus share for every 1 existing share. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Shilchar Technologies Ltd. | SHILCTECH | 06-Sep | 06-Sep |
Refer: BSE circular
Bonus Issue of Vivanta Industries 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, Vivanta Industries Ltd. (Scrip Code: 541735) is issuing 1 bonus share for every 4 existing shares. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Vivanta Industries Ltd. | VIVANTA | 05-Sep | 05-Sep |
Refer: BSE circular
Demerger of Sayaji Hotels Ltd.
As per a BSE circular, Sayaji Hotels Ltd. will demerge w.e.f. 05-Sep-23.
Due to this demerger, 4 equity shares of Sayaji Hotels (Indore) Ltd. will be issued for every 23 equity shares held in Sayaji Hotels Ltd., and 4 equity shares of Sayaji Hotels (Pune) Ltd. will be issued for every 23 equity shares held in Sayaji Hotels Ltd.
Name of Company | Symbol | Scrip Code |
Sayaji Hotels Ltd. | SAYAJIHOTL | 523710 |
Refer: BSE Circular
Sub-division of equity shares of Remedium Lifecare 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 Remedium Lifecare Ltd. (Scrip Code: 539561) will be sub-divided into 2 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Remedium Lifecare Ltd. | REMLIFE | 1:2 | 01-Sep | 01-Sep |
Refer: BSE Circular
GALADA to stop trading
As per a recent circular, the following security (Scrip code: 504697) will be suspended from trading w.e.f. September 01, 2023. Please take appropriate action as needed.
Name of the Company | Symbol | Reason for Suspension |
Galada Power & Communication Ltd. | GALADA | Reduction of Capital |
Refer: BSE Circular
[01-Sep-23] Quantity Freeze Limit for Indices
As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 01-Sep-23.
Below are the Quantity Freeze Limits and Maximum Lots per Order applicable for the mentioned indices:
![](https://announcements123.files.wordpress.com/2023/09/image.png?w=1024)
Refer: NSE Circular
Dividend payment by NMDC Ltd.
A dividend is an amount the company pays to its shareholders out of its profits. These regular profit-sharing payment in the form of dividends is a corporate action initiated by the company regularly.
As per a recent circular, NMDC Ltd. has announced a payment of dividend at Rs 2.85 for the Financial year 2023-24. The key dates for the same are as follows:
Company Name | Symbol | Dividend Amount | Record date |
NMDC Ltd. | NMDC | Rs 2.85 | 31-Aug-23 |
Refer: NSE Circular
Caution: Demerger of TVS Holdings Ltd.
As per a BSE circular, TVS Holdings Ltd. will demerge w.e.f. 24-Aug-23.
Due to this demerger, 1 equity share of Sundaram Clayton DCD Ltd. will be issued for every 1 equity share held in TVS Holdings Ltd.
Name of Company | Symbol | Scrip Code |
TVS Holdings Ltd. | TVSHLTD | 520056 |
Refer: BSE Circular
W.e.f 24-Aug: New Identity for Adani Transmission Ltd.
As per a recent circular, the name and symbol of Adani Transmission Ltd. (Scrip code: 539254) will be changed as follows w.e.f 24-Aug-23.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
ADANITRANS | ADANIENSOL | Adani Transmission Ltd. | Adani Energy Solutions Ltd. |
Refer: BSE Circular | NSE Circular
W.e.f 23-Aug: New Identity for S E Power Ltd.
As per a recent circular, the name and symbol of S E Power Ltd. (Scrip code: 534598) will be changed as follows w.e.f 23-Aug-23.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
SEPOWER | SAMPANN | S E Power Ltd. | Sampann Utpadan India Ltd. |
Refer: BSE Circular