Important dates: Abans Holdings Ltd. IPO
The company is part of Abans Group, which is a globally diversified organization engaged in Financial Services, Gold Refining, Jewellery, Commodities Trading, Agricultural Trading and Warehousing, Software Development, and Real Estate.
Read more about Abans Holdings IPO
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 20-Dec-22 |
Initiation of Refunds | 21-Dec-22 |
Credit of Shares to Demat Acct | 22-Dec-22 |
IPO Shares Listing Date | 23-Dec-22 |
UPI mandate expiry date | 24-Dec-22 |
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.
Bonus Issue of BLS International Services 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, BLS International Services Ltd. (Scrip Code: 540073) 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 |
BLS International Services Ltd. | BLS | 10-Dec | 08-Dec |
Refer: BSE circular
Open Market Buyback - December 2022
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:
Company | Start date | End date |
Infosys Limited | 07-12-2022 | 06-06-2023 |
W.e.f 08-Dec: New Identity for Superb Papers Ltd.
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.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
SUPRBPA | SUMUKAAG | Superb Papers Ltd. | Sumuka Agro Industries Ltd. |
Refer: BSE Circular
Sub-division of equity shares of MEFCOM Capital Markets 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 MEFCOM Capital Markets Ltd. (Scrip Code: 531176) 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 |
MEFCOM Capital Markets Ltd. | MEFCOMCAP | 1:5 | 02-Dec | 02-Dec |
Refer: BSE circular
Sub-division of equity shares of Likhitha Infrastructure 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 Likhitha Infrastructure Ltd. (Scrip Code: 543240) 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 |
Likhitha Infrastructure Ltd. | LIKHITHA | 1:2 | 02-Dec | 02-Dec |
Refer: BSE circular
W.e.f 05-Dec: New Identity for Larsen & Toubro Infotech Ltd.
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.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
LTI | LTIM | Larsen & Toubro Infotech Ltd. | LTIMindtree Ltd. |
Refer: BSE Circular
Suspension of trading in securities of 9 Companies
Trading in securities of the undermentioned companies will be suspended w.e.f December 12, 2022 on account of non-compliance with SEBI Regulations.
Name of Company | Scrip Code |
Alps Motor Finance Ltd | 538423 |
Atlas Jewellery India Ltd | 514394 |
Genera Agri Corp Ltd | 541999 |
India Infraspace Ltd | 531343 |
PTC India Financial Services Ltd. | 533344 |
PTC India Ltd. | 532524 |
Sharp India Ltd. | 523449 |
Sri Vajra Granites Ltd | 515081 |
TIL Ltd. | 505196 |
Refer: BSE Circular
[01- Dec-22] Quantity Freeze Limits for Indices
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:
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
Sub-division of equity shares of Rajnandini Metal 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 Rajnandini Metal Ltd. will be subdivided into 10 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Rajnandini Metal Ltd. | RAJMET | 1:10 | 30-Nov | 30-Nov |
Refer: NSE circular