DSKULKARNI to stop trading
As per a recent circular, the following security will be suspended from trading w.e.f. September 21, 2023. Please take appropriate action as needed.
Name of the Company | Symbol | Reason for Suspension |
DS Kulkarni Developers Ltd. | DSKULKARNI | Capital reduction |
Refer: NSE Circular
Bonus Issue of Danube 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, Danube Industries Ltd. (Scrip Code: 540361) is issuing 1 equity share for every 1 share held. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Danube Industries Ltd. | DANUBE | 20-Sep | 20-Sep |
Refer: BSE Circular
Buyback Offer of BSE Ltd.
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, BSE Ltd. has announced a buyback offer of its equity shares from 21-Sep-23 to 27-Sep-23. The offer price is Rs. 1080 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.
Name of Company | Symbol | Offer price | Scheme |
BSE Ltd. | BSE | Rs. 1080 | Buyback |
Read more: NSE Circular
Buyback Offer of L&T Ltd.
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, L&T Ltd. has announced a buyback offer of its equity shares from 18-Sep-23 to 25-Sep-23. The offer price is Rs. 3200 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.
Name of Company | Symbol | Offer price per share | Scheme |
---|---|---|---|
L&T Ltd. | LT | Rs. 3200 | Buyback |
Read more: NSE Circular | BSE Circular
Dividend payment by Gujarat Narmada Valley Fertilizers & Chemicals Ltd.
A dividend is an amount paid by the company 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, Gujarat Narmada Valley Fertilizers & Chemicals Ltd. (Scrip Code: 500670) has announced a payment of dividend at Rs. 30 for the Financial year 2023-24. The key dates for the same are as follows:
Company Name | Symbol | Dividend Amount | Record date |
Gujarat Narmada Valley Fertilizers & Chemicals Ltd. | GNFC | Rs. 30 | 18-Sep-23 |
Read more: NSE Circular
W.e.f 18-Sep: New Identity for Shaba Chemicals Ltd.
As per a recent circular, the name and symbol of Shaba Chemicals Ltd. (Scrip code: 524546) will be changed as follows w.e.f 18-Sep-23.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
SHABACHM | SATAGRI | Shaba Chemicals Ltd. | Satiate Agri Ltd. |
Refer: BSE Circular
Sub-division and bonus issue of equity shares of Sarveshwar Foods 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.
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 shares to its existing shareholders.
Per a recent circular, 1 equity share of Sarveshwar Foods Ltd. (Scrip Code: 543688) will be subdivided into 10 equity shares. A bonus of 2 equity shares will also be issued for every 1 equity share held.
The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Sarveshwar Foods Ltd. | SARVESHWAR | 1:10 | 16-Sep | 15-Sep |
Refer: NSE circular | BSE Circular
Bonus Issue of Tinna Rubber & Infrastructure 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, Tinna Rubber & Infrastructure Ltd. (Scrip Code: 530475) 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 |
Tinna Rubber & Infrastructure Ltd. | TINNARUBR | 16-Sep | 15-Sep |
Refer: BSE circular
Buybacks, Takeovers and Delisting - September 2023
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
Scrip Name | Sub Type | Start Date | End Date | Floor Price |
KRBL | Buyback | 31-08-23 | 06-09-23 | Rs. 500 |
FDC | Buyback | 31-08-23 | 06-09-23 | Rs. 500 |
PEL | Buyback | 31-08-23 | 06-09-23 | Rs. 1250 |
INDIAMART | Buyback | 31-08-23 | 06-09-23 | Rs. 4000 |
SHEETAL | Takeover | 31-08-23 | 13-09-23 | Rs. 9 |
UNICHEMLAB | Takeover | 28-08-23 | 08-09-23 | Rs. 440 |
FAZE3AUTO | Delisting | 29-08-23 | 04-09-23 | Rs. 64.22 |
Caution: Demerger of Bajaj Electricals Ltd.
As per a BSE circular, Bajaj Electricals Ltd. will demerge w.e.f. 14-Sep-23.
Due to this demerger, 1 equity share of Bajel Projects Pvt. Ltd. will be issued for every 1 equity share held in Bajaj Electricals Ltd.
Name of Company | Symbol | Scrip Code |
Bajaj Electricals Ltd. | BAJAJELEC | 500031 |
Refer: BSE Circular