Announcements

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 25-Nov-22:

Important points for stocks under T+1 settlement in Cash segment:

Refer: NSE Circular | BSE Circular | Overview of T+1 settlement

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 November 2022:

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

As per a recent circular, the name and symbol of Dr Habeebullah Life Sciences Ltd. (Scrip code: 539267) will be changed as follows w.e.f 25-Nov-22.

Refer: BSE 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 Dev Information Technology Ltd. (Scrip Code: 543462) will be sub-divided into 2 equity shares. The key dates for the same are as follows:

Refer: BSE circular

As per a recent circular, the name and symbol of Ellora Trading Ltd. (Scrip code: 542803) will be changed as follows w.e.f 23-Nov-22.

Refer: BSE Circular

As per a recent circular, the name and symbol of Hotel Rugby Ltd. (Scrip code: 526683) will be changed as follows w.e.f 23-Nov-22.

Refer: BSE Circular

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:

Buyback is a corporate action in which a company buys back its shares from the existing shareholders for several reasons. There are different methods of buyback among which Open Market Buyback is one.

In an open market buyback, the company purchases its shares directly from the market and there won’t be any tender process. Any equity shareholder of the company can participate in the buyback offer during the buyback window.

Here are the open market buybacks of November 2022:

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

As per a recent circular, the name and symbol of JTL Infra Ltd. (Scrip code: 534600) will be changed as follows w.e.f 21-Nov-22.

Refer: BSE Circular