July 31, 2023
157
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 Akshar Spintex Ltd. (Scrip Code: 541303) 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 |
| Akshar Spintex Ltd. | AKSHAR | 1:10 | 31-Jul | 31-Jul |
Refer: NSE circular | BSE Circular
July 28, 2023
994
Bonus Issue of Shish 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 …
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, Shish Industries Ltd. is issuing 2 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 |
| Shish Industries Ltd. | SHISHIND | 28-Jul | 28-Jul |
Refer: BSE circular
July 28, 2023
1.1K
Dividend payment by Indian Oil Corporation 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 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, Indian Oil Corporation Ltd. has announced a payment of dividend at Rs 3 for the Financial year 2023-24. The key dates for the same are as follows:
| Company Name | Symbol | Dividend Amount | Record date |
| Indian Oil Corporation Ltd. | IOC | Rs 3 | 28-Jul-23 |
Refer: NSE Circular
July 28, 2023
313
Sub-division of equity shares of Servotech Power Systems 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 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 Servotech Power Systems Ltd. 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 |
| Servotech Power Systems Ltd. | SERVOTECH | 1:2 | 28-Jul | 28-Jul |
Refer: NSE circular
July 27, 2023
6.2K
Offer for Sale (OFS) - Rail Vikas Nigam Ltd.
Offer for Sale of below company is open in BSE/NSE. To Place your OFS Request:
Contact your sub-broker.
In case you don't have a sub-broke…
Offer for Sale of below company is open in BSE/NSE. To Place your OFS Request:
July 27, 2023
5.3K
Caution: Demerger of Saregama India Ltd.
As per a BSE circular, Saregama India Ltd. will demerge w.e.f. 27-Jul-23.
Due to this demerger, 1 equity share of Digidrive Distributors Ltd. w…
As per a BSE circular, Saregama India Ltd. will demerge w.e.f. 27-Jul-23.
Due to this demerger, 1 equity share of Digidrive Distributors Ltd. will be issued for every 5 equity shares held in Saregama India Ltd.
| Name of Company | Symbol | Scrip Code |
| Saregama India Ltd. | SAREGAMA | 532163 |
Refer: BSE Circular
July 27, 2023
346
W.e.f 27-Jul-23: New Identity for Escorts Finance Ltd.
As per a recent circular, the name of Escorts Finance Ltd. will be changed as follows w.e.f 27-Jul-23.
Existing SymbolNew Symbol Existing N…
As per a recent circular, the name of Escorts Finance Ltd. will be changed as follows w.e.f 27-Jul-23.
| Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
| ESCORTSFIN | INVIGO | Escorts Finance Ltd. | Invigorated Business Consulting Ltd. |
Refer: BSE Circular
July 27, 2023
421
Sub-division and bonus issue of equity shares of Maan Aluminium 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 …
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 Maan Aluminium Ltd. (Scrip Code: 532906) will be subdivided into 2 equity shares. A bonus of 1 equity share 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 |
| Maan Aluminium Ltd. | MAANALU | 1:2 | 27-Jul | 27-Jul |
Refer: NSE circular | BSE Circular
July 26, 2023
354
W.e.f 26-Jul-23: New Identity for Ucal Fuel Systems Ltd.
As per a recent circular, the name of Ucal Fuel Systems Ltd. will be changed as follows w.e.f 26-Jul-23.
Existing SymbolNew Symbol Existing…
As per a recent circular, the name of Ucal Fuel Systems Ltd. will be changed as follows w.e.f 26-Jul-23.
| Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
| UCALFUEL | UCAL | Ucal Fuel Systems Ltd. | Ucal Ltd. |
Refer: NSE Circular
July 26, 2023
208
Delisting of equity shares of BIRLACAP
As per a recent circular of BSE, the following security (Scrip Code: 512332) will be delisted w.e.f. 26-Jul-23
Name of the CompanySymbolReason f…
As per a recent circular of BSE, the following security (Scrip Code: 512332) will be delisted w.e.f. 26-Jul-23
| Name of the Company | Symbol | Reason for Suspension |
| Birla Capital & Financial Services Ltd. | BIRLACAP | Regulatory procedure |
Refer: BSE Circular
