The amalgamation of Gujarat Sidhee Cement Ltd. into Saurashtra Cement Ltd.
As per a BSE circular, Saurashtra Cement Ltd has announced the allotment of equity shares to Gujarat Sidhee Cement Ltd. shareholders w.e.f 21-Apr-23. 62 equity shares with a face value of Rs.10/- each of Saurashtra Cement Ltd. to be issued as fully paid up equity shares for every 100 fully paid up equity shares with a face value of Rs 10/- each held by shareholders of Gujarat Sidhee Cement Ltd.
It is hereby notified that the following security will be suspended from trading w.e.f 21-Apr-23.
Name of Company | Symbol | Series | Reason for Suspension |
Gujarat Sidhee Cement Limited | GSCLCEMENT | EQ | Scheme of Amalgamation |
Refer: BSE Circular
Gujarat Sidhee Cement Ltd to stop trading
As per a recent circular, the following security will be suspended from trading w.e.f. April 20, 2023.
Name of the Company | Symbol | Reason for Suspension |
Gujarat Sidhee Cement Ltd | GSCLCEMENT | Scheme of Amalgamation |
Refer: NSE Circular
Sub-division and bonus Issue of equity shares of Global Capital Markets 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 to its existing shareholders.
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 a recent BSE circular,
The key dates for the same are as follows:
Company Name | Symbol | Record Date | Ex-bonus Basis From Date |
Global Capital Markets Ltd. | GLOBALCA | 20-Apr | 20-Apr |
Demerger of Allcargo Logistics Ltd.
As per a BSE circular, Allcargo Logistics Ltd. will demerge w.e.f. 18-Apr-23.
Due to this demerger, 1 equity share of Allcargo Terminals Ltd. will be issued for every 1 equity share held in Allcargo Logistics Ltd., and 1 equity share of Transindia Realty & Logistics Parks Ltd. will be issued for every 1 equity share held in Allcargo Logistics Ltd.
Name of Company | Symbol | Scrip Code |
Allcargo Logistics Ltd. | ALLCARGO | 532749 |
Refer: BSE Circular
Sub-division of equity shares of Mufin Green Finance 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 Mufin Green Finance Ltd. (Scrip Code: 542774) will be subdivided into 2 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Mufin Green Finance Ltd. | MUFIN | 1:2 | 15-Apr | 13-Apr |
Refer: BSE circular
Sub-division of equity shares of Comfort Intech 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 Intech Ltd. (Scrip Code: 531216) 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 |
Comfort Intech Ltd. | COMFINTE | 1:10 | 14-Apr | 13-Apr |
Refer: BSE circular
Sub-division of equity shares of Deep Industries 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 Deep Industries Ltd. (Scrip Code: 543288) will be subdivided into 2 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Deep Industries Ltd. | DEEPIND | 1:2 | 10-Apr | 10-Apr |
Refer: BSE circular
Revision in BANKNIFTY Market Lot
According to a recent NSE circular, the Maximum Lots per Order for BANKNIFTY has been revised w.e.f. 28-Apr-23.
Below is the list of Maximum Lots per Order applicable for the mentioned indices from the said date:
Sr. No | Underlying | Index Symbol | Present Market Lot | Revised Market Lot |
1 | NIFTY 50 | NIFTY | 50 | 50 |
2 | NIFTY BANK | BANKNIFTY | 25 | 15 |
3 | NIFTY FINANCIAL SERVICES | FINNIFTY | 40 | 40 |
4 | NIFTY MIDCAP SELECT | MIDCPNIFTY | 75 | 75 |
The same will be applicable as follow:
For more information, refer NSE Circular.
Sub-division of equity shares of Shree Securities 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 Shree Securities Ltd. (Scrip Code: 538975) 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 |
Shree Securities Ltd. | SHREESEC | 1:10 | 06-Apr | 06-Apr |
Refer: BSE circular
Sathavahana Ispat Ltd. to stop trading
As per a recent circular, the following security (Scrip Code: 526093) will be suspended from trading w.e.f. April 03, 2023.
Name of the Company | Symbol | Reason for Suspension |
Sathavahana Ispat Ltd | SATHAISPAT | Insolvency & Bankruptcy |
Refer: BSE Circular