Amalgamation of Pressman Advertising Ltd. and Signpost India Ltd.
Per a circular, Signpost India Ltd has announced the allotment of equity shares to Pressman Advertising Ltd. shareholders w.e.f 22-Sep-23. 1 equity share with a face value of Rs.2/- each of Signpost India Ltd. to be issued as fully paid up equity shares for every 1 fully paid up equity share with a face value of Rs 2/- each held by shareholders of Pressman Advertising Ltd.
The following security will be suspended from trading w.e.f 22-Sep-23.
Name of Company | Symbol | Reason for Suspension |
Pressman Advertising Limited | PRESSMN | Scheme of Amalgamation |
Refer: BSE Circular
Offer for Sale (OFS) - SJVN Ltd.
Offer for Sale of below company is open in BSE/NSE. To Place your OFS Request:
W.e.f 21-Sep: New Identity for Revathi Equipment Ltd.
As per a recent circular, the name and symbol of Revathi Equipment Ltd. (Scrip code: 505368) will be changed as follows w.e.f 21-Sep-23.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
REVATHI | SEMAC | Revathi Equipment Ltd. | Semac Consultants Ltd. |
Refer: BSE Circular | NSE Circular
Bonus Issue of Power Finance Corporation 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 circulars, Power Finance Corporation Ltd. (Scrip Code: 532810) is issuing 1 equity share for every 4 shares held. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Power Finance Corporation Ltd. | PFC | 21-Sep | 21-Sep |
Refer: BSE Circular | NSE Circular
W.e.f 21-Sep-23: New Identity for RT Exports Ltd.
As per a recent circular, the name and symbol of RT Exports Ltd. (Scrip code: 512565) will be changed as follows w.e.f 21-Sep-23.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
RTEXPO | NEELKANTH | RT Exports Ltd. | Neelkanth Ltd. |
Refer: BSE Circular
W.e.f 21-Sep: New Identity for Silverpoint Infratech Ltd.
As per a recent circular, the name and symbol of Silverpoint Infratech Ltd. (Scrip code: 536073) will be changed as follows w.e.f 21-Sep-23.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
SILINFRA | JULIEN | Silverpoint Infratech Ltd. | Julien Agro Infratech Ltd. |
Refer: BSE Circular
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