Announcements

As per a BSE circular, Jindal Stainless Ltd has announced the allotment of equity shares to Jindal Stainless (Hisar) Ltd. shareholders w.e.f 09-Mar-23. 195 equity shares with a face value of Rs.2/- each of Jindal Stainless Ltd. to be issued as fully paid up equity shares for every 100 fully paid up equity shares with a face value of Rs 2/- each held by shareholders of Jindal Stainless (Hisar) Ltd.

It is hereby notified that the following security will be suspended from trading w.e.f 09-Mar-23.

Refer: BSE Circular | NSE Circular

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 Gujarat Toolroom Ltd. (Scrip Code: 513337) will be subdivided into 10 equity shares. The key dates for the same are as follows:

Refer: BSE circular

The sovereign gold bond scheme is a Government of India undertaking that allows you to purchase gold on paper. This is an easy alternative for investors who want to invest in gold but don't want the hassle associated with purchasing gold in physical form.

Here are Top 5 Super Benefits that SGBs provide:

Read more about SGBs >>>

Apply Now

Divgi Torqtransfer is amongst the very few automotive component entities in India who have the capability to develop and provide system level transfer case, torque coupler and dual clutch automatic transmissions solution. They are one of the leading players supplying transfer case systems to automotive OEMs in India and the largest supplier of transfer case systems to passenger vehicle manufacturers in India. 

Read more about Divgi Torqtransfer Systems IPO

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

How to Check Allotment Status

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.

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.

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:

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 February 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

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:

As per recent circulars of BSE & NSE, the following security will be delisted w.e.f. March 03, 2023. 

Refer: BSE Circular | NSE Circular

As per a recent NSE Circular, the Strike Scheme for BANKNIFTY options has been revised w.e.f 24- Mar -23.

Below is the Revision in Strike Scheme of BANKNIFTY options:

The following additional points are to be noted:

Refer: NSE Circular

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.

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:

Refer: BSE circular