Announcements

As per a recent circular, the name and symbol of Sundaram Clayton Ltd. (Scrip code: 520056) will be changed as follows w.e.f 10-Aug-23.

Refer: BSE Circular | NSE Circular

Per a recent circular, the following security (Scrip Code: 513446) has been suspended from trading w.e.f. August 10, 2023.

Refer: BSE Circular | NSE Circular

As per a recent circular, the name of Trivikrama Industries Ltd. (Scrip code: 538579) will be changed as follows w.e.f 10-Aug-23.

Refer: BSE Circular

TVS SCS is among India’s largest and fastest growing integrated supply chain solutions provider in terms of revenues and revenue growth. The company has global capabilities and network across the value chain with cross deployment abilities. For more than 16 years, TVS SCS has managed large and complex supply chains across multiple industries in India and select global markets through customized tech-enabled solutions. 

The below table has important dates with respect to the IPO allotment and listing.

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.

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, Power Grid Corporation of India Ltd. (Scrip Code: 532898) has announced a payment of dividend at Rs 4.75 for the Financial year 2023-24. The key dates for the same are as follows:

Refer: NSE Circular

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:

Refer: BSE circular

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.

Refer: BSE Circular

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:

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.

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:

Refer: NSE circular | BSE Circular

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.

Refer: BSE Circular | NSE Circular