Announcements

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 December 2022:

As per a recent circular, the name and symbol of Superb Papers Ltd. (Scrip code: 532070) will be changed as follows w.e.f 08-Dec-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 MEFCOM Capital Markets Ltd. (Scrip Code: 531176) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

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 Likhitha Infrastructure Ltd. (Scrip Code: 543240) 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 Larsen & Toubro Infotech Ltd. (Scrip code: 540005) will be changed as follows w.e.f 05-Dec-22.

Refer: BSE Circular

Trading in securities of the undermentioned companies will be suspended w.e.f December 12, 2022 on account of non-compliance with SEBI Regulations.

Refer: BSE Circular

As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 01-Dec-22.

Below are the Quantity Freeze Limits & Maximum Lots per Order applicable for the mentioned indices:

*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

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 Rajnandini Metal Ltd. will be subdivided into 10 equity shares. The key dates for the same are as follows:

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.

As per a recent circular, 1 equity share of Chandra Prabhu International Ltd. (Scrip Code: 530309) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

Refer: BSE circular

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, Navoday Enterprises Ltd. (Scrip Code: 543305) is issuing 1 bonus share for every 1 existing share. The key dates for the Bonus Issue are as follows: