Amalgamation of JMC Projects (India) Ltd. and Kalpataru Power Transmission Ltd.
As per a BSE circular, Kalpataru Power Transmission Ltd has announced the allotment of equity shares to JMC Projects (India) Ltd. shareholders w.e.f 11-Jan-23. 1 equity share with a face value of Rs.2/- each of Kalpataru Power Transmission Ltd. to be issued as fully paid up equity shares for every 4 fully paid up equity shares with a face value of Rs 2/- each held by shareholders of JMC Projects (India) Ltd.
It is hereby notified that the following security will be suspended from trading w.e.f 11-Jan-23.
Name of Company | Symbol | Series | Reason for Suspension |
JMC Projects (India) Limited | JMCPROJECT | EQ | Scheme of Amalgamation |
Refer: BSE Circular | NSE Circular
W.e.f 10-Jan: New Identity for Macro (International) Exports Ltd.
As per a recent circular, the name of Macro (International) Exports Ltd. (Scrip code: 512600) will be changed as follows w.e.f 10-Jan-23.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
MACINTR | MACINTR | Macro (International) Exports Ltd. | Macro International Ltd. |
Refer: BSE Circular
Buybacks, Takeovers and Delisting - January 2023
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:
Scrip Name | BSE/NSE Circular | Sub Type | Start Date | End Date | Floor Price |
GOVAI | BSE Circular | Takeover | 25-01-23 | 08-02-23 | Rs. 0.1 |
TRITURBINE | BSE Circular | Buyback | 17-01-23 | 31-01-23 | Rs. 350 |
SAVINFOCO | BSE Circular | Takeover | 10-01-23 | 23-01-23 | Rs. 3 |
MEDIAONE | BSE Circular | Takeover | 10-01-23 | 23-01-23 | Rs. 2 |
AUTOAXLES | BSE Circular | Takeover | 22-12-22 | 04-01-23 | Rs. 1601.29 |
TANLA | BSE Circular | Buyback | 20-12-22 | 02-01-23 | Rs. 1200 |
DHANUKA | BSE Circular | Buyback | 26-12-22 | 06-01-23 | Rs. 850 |
DFMCOF | NSE Circular | Counteroffer | 30-12-22 | 05-01-23 | Rs. 467 |
VAL | BSE Circular | Takeover | 30-12-22 | 05-01-23 | Rs. 20 |
ARHNTTO | BSE Circular | Takeover | 06-01-23 | 19-01-23 | Rs. 1.50 |
INERTIAST | BSE Circular | Takeover | 06-01-23 | 19-01-23 | Rs. 10 |
Bonus Issue of Globe Commercials Ltd.
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, Globe Commercials Ltd. (Scrip Code: 540266) is issuing 1 bonus share for every 1 existing share. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Globe Commercials Ltd. | GLCL | 07-Jan | 06-Jan |
Refer: BSE circular
Sub-division of equity shares of Supreme Petrochem 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 Supreme Petrochem Ltd. (Scrip Code: 500405) 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 |
Supreme Petrochem Ltd. | SPLPETRO | 1:2 | 06-Jan | 06-Jan |
Refer: BSE circular
Bonus Issue of Rama Steel Tubes Ltd.
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, Rama Steel Tubes Ltd. (Scrip Code: 539309) is issuing 4 bonus shares for every 1 existing share. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Rama Steel Tubes Ltd. | RAMASTEEL | 06-Jan | 06-Jan |
Refer: BSE circular
W.e.f 05-Jan: New Identity for IKAB Securities and Investments Ltd.
As per a recent circular, the name and symbol of IKAB Securities and Investments Ltd. (Scrip code: 514238) will be changed as follows w.e.f 05-Jan-23.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
IKAB | MKVENTURES | IKAB Securities and Investments Ltd. | MKVENTURES Capital Ltd. |
Refer: BSE Circular
Bonus Issue of SecUR Credentials Ltd.
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, SecUR Credentials Ltd. (Scrip Code: 543625) is issuing 3 bonus shares for every 1 existing share. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
SecUR Credentials Ltd. | SECURCRED | 04-Jan | 04-Jan |
Refer: BSE circular
[02- Jan-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- Jan -23.
Below are the Quantity Freeze Limits & Maximum Lots per Order applicable for the mentioned indices:
No. | Indices | Quantity Freeze Limit(Maximum units you can buy or sell per order) | Maximum lots per Order(Quantity Freeze Limit/Lot Size*) |
1. | BANKNIFTY | 900 | 36 |
2. | NIFTY | 1800 | 36 |
3. | FINNIFTY | 1800 | 45 |
4. | MIDCPNIFTY | 5500 | 73 |
*Lot Size refers to Units per Lot. This is defined by the Exchange and is currently as follows:
BANKNIFTY=25; NIFTY=50; FINNIFTY=40; MIDCPNIFTY=75
Refer: NSE Circular
Rights Issue - December 2022
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 December 2022:
Company | Ex-date | Record Date | RI Price | RE Trading Period | Last date to apply for Rights Shares | Where to apply for rights shares | Circular |
RSWM Ltd | 16- Dec | 16- Dec | Rs. 100 | 23- Dec to 2- Jan | 6- Jan | ASBA | BSE Circular |
Thambbi Modern Spinning Mills Ltd. | 16- Dec | 16- Dec | Rs. 10 | 29- Dec to 6- Jan | 12- Jan | ASBA | BSE Circular |
Anjani Portland Cement Ltd. | 16- Dec | 16- Dec | Rs. 197 | 30- Dec to 13- Jan | 19- Jan | ASBA | BSE Circular |
Akg Exim Ltd. | 16- Dec | 16- Dec | Rs. 12 | 29- Dec to 19- Jan | 25- Jan | ASBA | NSE Circular |
Adcon Capital Services Ltd. | 2- Dec | 2- Dec | Re. 1(Rs.0.90 on app) | 9- Dec to 16- Dec | 23- Dec | ASBA | BSE Circular |
Roni Households Ltd. | 25- Nov | 25- Nov | Rs. 70 | 9- Dec to 19- Dec | 23- Dec | ASBA | BSE Circular |
SMC Credits Ltd. | 25- Nov | 25- Nov | Rs. 10 | 12- Dec to 14- Dec | 19- Dec | ASBA | BSE Circular |
Hatsun Agro Products Ltd. | 7- Nov | 8- Nov | Rs. 419 | 19- Dec to 3- Jan | 9- Jan | ASBA | BSE Circular |
Samor Reality Limited | 11- Nov | 11- Nov | Rs. 25 | 12- Dec to 23- Dec | 30- Dec | ASBA | BSE Circular |
Ajooni Biotech | 25- Nov | 25- Nov | Rs. 6 | 7- Dec to 9- Dec | 15- Dec | ASBA | NSE Circular |
Rungta Irrigation Limited | 11- Nov | 11- Nov | Rs. 11(Rs. 3 on app) | 9- Dec to 12- Dec | 15- Dec | ASBA | BSE Circular |
Integra Essentia Ltd | 17- Nov | 17- Nov | Rs. 7 | 1- Dec to 8- Dec | 14- Dec | 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