Bonus Issue of Raghav Productivity Enhancers 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, Raghav Productivity Enhancers Ltd. (Scrip Code: 539837) 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 |
Raghav Productivity Enhancers Ltd. | RPEL | 08-Aug | 08-Aug |
Refer: BSE circular
Demerger of Sayaji Hotels Ltd.
As per a BSE circular, Sayaji Hotels Ltd. will demerge w.e.f. 07-Aug-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
Rights Issue - July 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 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 July 2023:
Company | Ex-date | Record Date | RI Price | RE Trading Period | Last date to apply for Rights Shares | Where to apply for rights shares | Circular |
Shraddha Prime Projects Limited | 03-Jul | 03-Jul | ?30 | 10-Jul to 19-Jul | 24-Jul | ASBA | BSE |
Eiko Lifesciences Limited | 07-Jul | 07-Jul | ?45 (On App ?13.50) PP | 17-Jul to 20-Jul | 26-Jul | ASBA | BSE |
GG Engineering Limited | 11-Jul | 11-Jul | ?1 | 20-Jul to 26-Jul | 31-Jul | ASBA | BSE |
Seacoast Shipping Services Limited | 13-Jul | 13-Jul | ?2.40 | 21-Jul to 27-Jul | 02-Aug-23 | ASBA | BSE |
Credent Global Finance Limited | 17-Jul | 17-Jul | ?140 | Starting From 25-Jul-23 | 08-Aug-23 | ASBA | BSE |
Shree Ram Proteins Limited | 06-Jul | 06-Jul | ?2.30 | 17-Jul to 04-Aug | 10-Aug-23 (Ext.) | ASBA | NSE |
Brooks Laboratories Limited | 28-Jul | 28-Jul | ?75 | 07-Aug to 09-Aug | 14-Aug-23 | ASBA | BSE |
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).
Here's a list of existing SCSBs.
For more details on Rights Issue/Rights Entitlement, please refer to BSE FAQs.
Sub-division of equity shares of Sarda Energy & Minerals 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 Sarda Energy & Minerals Ltd. (Scrip Code: 504614) 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 |
Sarda Energy & Minerals Ltd. | SARDAEN | 1:10 | 04-Aug | 04-Aug |
Refer: NSE circular | BSE Circular
W.e.f 04-Aug: New Identity for Prozone Intu Properties Ltd.
As per a recent circular, the name and symbol of Prozone Intu Properties Ltd. (Scrip code: 534675) will be changed as follows w.e.f 04-Aug-23.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
PROZONINTU | PROZONER | Prozone Intu Properties Ltd. | Prozone Realty Ltd. |
Refer: BSE Circular | NSE Circular
NCDEX Trade Timings Revised from 14-Aug-23
As per a recent NCDEX Circular, trade timings and client code modification timings for the commodities derivatives segment at the exchange will be revised. The revised trading hours will be in effect from 14-Aug-23, Monday.
Please refer to the table below for the revised timings:
Particulars | Current Trade Timings | Revised Trade Timings | Revised Client Code Modification Timings |
All Commodities | 9 am to 5 pm | 10 am to 5 pm | 10 am to 5:15 pm |
Kindly note that the pre-open session shall be from 9:45 am to 10 am for all the commodities.
For more details, please refer to the NCDEX Circular.
Bonus Issue of NINtec Systems 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, NINtec Systems Ltd. (Scrip Code: 539843) is issuing 4 bonus shares for every 5 existing shares. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
NINtec Systems Ltd. | NINSYS | 03-Aug | 03-Aug |
Refer: BSE circular
IPO Alert: Concord Biotech Ltd.
Concord is an India-based biopharma company and one of the leading global developers and manufacturers of select fermentation-based APIs across immunosuppressants and oncology in terms of market share, based on volume in 2022, supplying to over 70 countries including regulated markets, such as the United States, Europe and Japan, and India. Concord is amongst the few companies globally that have successfully and sustainably established and scaled up fermentation-based API manufacturing capabilities.
Read more about Concord Biotech Ltd. IPO
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 11-Aug-23 |
Initiation of Refunds | 14-Aug-23 |
Credit of Shares to Demat Acct | 17-Aug-23 |
IPO Shares Listing Date | 18-Aug-23 |
UPI mandate expiry date | 21-Aug-23 |
In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
Buybacks, Takeovers and Delisting - August 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 |
SHAHFOOD | Takeover | 03-08-23 | 18-08-23 | Rs. 100 |
GOLDIAM | Buyback | 27-06-23 | 02-08-23 | Rs. 150 |
AFDIL | Buyback | 01-08-23 | 07-08-23 | Rs. 3100 |
BLUECLOUDS | Takeover | 02-08-23 | 17-08-23 | Rs. 3 |
ASHIANA | Buyback | 02-08-23 | 17-08-23 | Rs. 301 |
Bonus Issue of Kamdhenu Ventures 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, Kamdhenu Ventures Ltd. (Scrip Code: 543747) 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 |
Kamdhenu Ventures Ltd. | KAMOPAINTS | 01-Aug | 01-Aug |
Refer: BSE circular