W.e.f 27-Jan: New Identity for TRC Financial Services Ltd.
As per a recent circular, the name of TRC Financial Services Ltd. (Scrip code: 511730) will be changed as follows w.e.f 27-Jan-23.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
TRCFIN | AVASARA | TRC Financial Services Ltd. | Avasara Finance Ltd. |
Refer: BSE Circular
Rights Issue - January 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 January 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 |
Pacific Industries Ltd. | 11- Jan | 11- Jan | Rs. 139 | 19- Jan to 30- Jan | 2- Feb | ASBA | BSE Circular |
Aarti Surfactants Ltd. | 17- Jan | 17- Jan | Rs. 555(Rs. 222 on app) | 25- Jan to 27- Jan | 3- Feb | ASBA | BSE Circular |
Family Care Hospitals Ltd. | 3- Jan | 3- Jan | Rs. 12 | 23- Jan to 1- Feb | 7- Feb | ASBA | BSE Circular |
Heritage Foods Ltd. | 20- Jan | 20- Jan | Rs. 5 | 30-Jan to 8- Feb | 13- Feb | ASBA | BSE Circular |
Indowind Energy Ltd. | 13- Jan | 13- Jan | Rs. 12 | 27- Jan to 6- Feb | 10- Feb | ASBA | BSE Circular |
Markolines Pavement Technologies Ltd. | 17- Jan | 17- Jan | Rs. 167 | 27- Jan to 6- Feb | 9- Feb | ASBA | BSE Circular |
Gyscoal Alloys Ltd. | 23- Dec | 23- Dec | Rs. 2.75 | 2- Jan to 9-Jan | 12- Jan | ASBA | BSE Circular |
Quint Digital Media Ltd. | 22- Dec | 22- Dec | Rs. 50 | 9- Jan to 13-Jan | 24- Jan | ASBA | BSE Circular |
Jet Freight Logistics Ltd. | 11- Jan | 11- Jan | Rs. 16.25 | 20- Jan to 25-Jan | 31- Jan | ASBA | BSE Circular |
Vaxfab Enterprises Ltd. | 3- Jan | 3- Jan | Rs. 18 | 18- Jan to 25-Jan | 31- Jan | ASBA | BSE Circular |
Visagar Financial Services Ltd. | 30- Dec | 30- Dec | Re. 1 | 12- Jan to 25-Jan | 2- Feb | ASBA | BSE Circular |
Rajapalayam Mills Ltd. | 30- Dec | 30- Dec | Rs. 569 | 18- Jan to 2-Feb | 10- Feb | ASBA | BSE Circular |
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
T+1 Settlement: January Update
As you all know, from Feb-22, NSE & BSE introduced the T+1 settlement cycle in the Cash Segment in a phased manner as per the SEBI guidelines.
W.e.f 27-Jan-23:
Important points for stocks under T+1 settlement in Cash segment:
Refer: NSE Circular | BSE Circular | Overview of T+1 settlement
Important dates: Adani Enterprises Ltd. FPO
Adani Enterprises is one of India’s largest listed business incubators in terms of market capitalisation and are driven by the philosophy of incubating businesses in 4 core sectors - Energy and Utility, Transportation and Logistics, Consumer, and Primary Industry.
The below table has important dates with respect to the Adani Enterprises FPO allotment and listing.
Finalization of Basis of Allotment | 03-Feb-23 |
Initiation of Refunds | 06-Feb-23 |
Credit of Shares to Demat Acct | 07-Feb-23 |
FPO Shares Listing Date | 08-Feb-23 |
UPI mandate expiry date | 09-Feb-23 |
In case you have not been allotted for any partial allotment of FPO 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.
Sub-division of equity shares of Fourth Dimension Solutions 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 Fourth Dimension Solutions Ltd. will be sub-divided into 5 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Fourth Dimension Solutions Ltd. | 4THDIM | 1:5 | 23-Jan | 23-Jan |
Refer: NSE circular
Sub-division of equity shares of Goldstar Power 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 Goldstar Power Ltd. 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 |
Goldstar Power Ltd. | GOLDSTAR | 1:10 | 20-Jan | 20-Jan |
Refer: NSE circular
Sub-division of equity shares of Shradha Infraprojects 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 Shradha Infraprojects Ltd. will be sub-divided into 2 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Shradha Infraprojects Ltd. | SHRADHA | 1:2 | 20-Jan | 20-Jan |
Refer: NSE circular
Sub-division of equity shares of Deep Diamond India 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 Deep Diamond India Ltd. (Scrip Code: 539559) 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 |
Deep Diamond India Ltd. | DDIL | 1:10 | 20-Jan | 20-Jan |
W.e.f 20-Jan: New Identity for Ineos Styrolution India Ltd.
As per a recent circular, the name of Ineos Styrolution India Ltd. (Scrip code: 506222) will be changed as follows w.e.f 20-Jan-23.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
INEOSSTYRO | STYRENIX | Ineos Styrolution India Ltd. | Styrenix Performance Materials Ltd. |
Refer: BSE Circular
W.e.f 20-Jan: New Identity for Mewat Zinc Ltd.
As per a recent circular, the name of Mewat Zinc Ltd. (Scrip code: 513496) will be changed as follows w.e.f 20-Jan-23.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
MEWATZI | SIZEMASTER | Mewat Zinc Ltd. | Sizemasters Technology Ltd. |
Refer: BSE Circular