W.e.f 05-May: New Identity for Sarda Papers Ltd.
As per a recent circular, the name of Sarda Papers Ltd. (Scrip code: 516032) will be changed as follows w.e.f 05-May-23.
Existing Name of the Company | New Name of the Company | New Symbol |
Sarda Papers Ltd. | Tahmar Enterprises Ltd. | TAHMARENT |
Refer: BSE Circular
Sub-division of equity shares of Comfort Fincap Ltd.
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.
As per a recent circular, 1 equity share of Comfort Fincap Ltd. (Scrip Code: 535267) will be subdivided into 5 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Comfort Fincap Ltd. | COMFINCAP | 1:5 | 05-May | 05-May |
Refer: BSE circular
Important dates: Nexus Select Trust REIT IPO
Nexus Select Trust REIT is the owner of India’s leading consumption center platform of high-quality assets that serve as essential consumption infrastructure for India’s growing middle class. They expect to be the 1st publicly listed consumption center REIT in India upon the listing of their Units on the Stock Exchanges.
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 16-May-23 |
Initiation of Refunds | 17-May-23 |
Credit of Shares to Demat Acct | 18-May-23 |
IPO Shares Listing Date | 19-May-23 |
UPI mandate expiry date | 25-May-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.
W.e.f 04-May: New Identity for A Infrastructure Ltd.
As per a recent circular, the name of A Infrastructure Ltd. (Scrip code: 539620) will be changed as follows w.e.f 04-May-23.
New Symbol | Existing Name of the Company | New Name of the Company |
KEIL | A Infrastructure Ltd. | Kanoria Energy & Infrastructure Ltd. |
Refer: BSE Circular
Sub-division of equity shares of Apollo Micro Systems Ltd.
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.
As per a recent circular, 1 equity share of Apollo Micro Systems Ltd. (Scrip Code: 540879) will be subdivided into 10 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Apollo Micro Systems Ltd. | APOLLO | 1:10 | 04-May | 04-May |
Refer: BSE circular
Bonus Issue of SRU Steels 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, SRU Steels Ltd. (Scrip Code: 540914) is issuing 1 bonus share for every 2 existing shares. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
SRU Steels Ltd. | SRUSTEELS | 03-May | 03-May |
Refer: BSE circular
Offer for Sale (OFS) - Indostar Capital Finance Ltd. (INDOSTAR)
Offer for Sale of below company is open in BSE/NSE. To Place your OFS Request:
Riga Sugar Company Ltd. to stop trading
As per a recent circular, the following security (Scrip Code: 507508) will be suspended from trading w.e.f. May 02, 2023.
Name of the Company | Symbol | Reason for Suspension |
Riga Sugar Company Ltd | RIGASUG | Insolvency & Bankruptcy |
Refer: BSE Circular
[02-May-23] Quantity Freeze Limits for Indices
As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 02-May-23.
Below are the Quantity Freeze Limits & Maximum Lots per Order applicable for the mentioned indices:
![](https://announcements123.files.wordpress.com/2023/05/quantity-freeze-limit.png?w=1024)
Refer: NSE Circular
Sub-division of equity shares of Sera Investments & Finance India Ltd.
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.
As per a recent circular, 1 equity share of Sera Investments & Finance India Ltd. (Scrip Code: 512399) will be subdivided into 5 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Sera Investments & Finance India Ltd. | SERA | 1:5 | 28-Apr | 28-Apr |
Refer: BSE circular