Rights Issue - August 2024
[Aug-24] 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 August 2024:
Company |
Ex-date |
Record Date |
RI Price (Rs. per share) |
RE Trading Period |
Last date to apply for Rights Shares |
Where to apply for rights shares |
Circular |
Sharat Industries Limited |
12-Jul |
12-Jul |
₹31 (On App ₹7.75 PP Share) |
24-Jul to 01-Aug |
07-Aug |
ASBA |
BSE Circular |
Inventure Growth & Securities Limited |
05-Jul |
05-Jul |
₹2.33 |
15-Jul to 07-Aug |
13-Aug |
ASBA |
NSE Circular |
GACM Technologies Limited |
16-Jul |
16-Jul |
₹1 |
31-Jul to 08-Aug |
14-Aug |
ASBA |
BSE/NSE Circular |
GACM Technologies Limited (DVR) |
16-Jul |
16-Jul |
₹1 |
31-Jul to 08-Aug |
14-Aug |
ASBA |
BSE/NSE Circular |
Tata Consumer Products Limited |
27-Jul |
27-Jul |
₹818 |
05-Aug to 12-Aug |
19-Aug |
ASBA |
BSE/NSE Circular |
Shrydus Industries Limited |
19-Jul |
19-Jul |
₹18 |
05-Aug to 14-Aug |
19-Aug |
ASBA |
BSE Circular |
Nirman Agri Genetics Limited |
29-Jul |
29-Jul |
₹239 |
05-Aug to 19-Aug |
23-Aug |
ASBA |
NSE Circular |
Orient Tradelink Limited |
03-May |
03-May |
₹10 |
- |
- |
ASBA |
BSE Circular |
A B Infrabuild Limited |
17-May |
17-May |
₹18 |
- |
- |
ASBA |
NSE Circular |
Jaykay Enterprises Limited |
19-Jul |
19-Jul |
₹25 |
27-Aug to 29-Aug |
04-Sep |
ASBA |
BSE Circular |
Swiss Military Consumer Goods Limited |
09-Aug |
09-Aug |
₹12.50 |
23-Aug to 03-Sep |
06-Sep |
ASBA |
BSE Circular |
Luharuka Media & Infra Limited |
02-Aug |
02-Aug |
₹3 |
14-Aug to 22-Aug |
28-Aug |
ASBA |
BSE Circular |
Vishvprabha Ventures Limited |
07-Aug |
07-Aug |
₹32 |
19-Aug to 27-Aug |
02-Sep |
ASBA |
BSE Circular |
Orient Green Power Company Limited |
13-Aug |
13-Aug |
₹13 |
27-Aug to 09-Sep |
13-Sep |
ASBA |
BSE Circular |
Vinny Overseas Limited |
14-Aug |
14-Aug |
₹2 |
27-Aug to 04-Sep |
10-Sep |
ASBA |
BSE/NSE Circular |
A F Enterprises Limited |
16-Aug |
16-Aug |
₹10 (On App ₹2.50 PP Share) |
26-Aug to 28-Aug |
03-Sep |
ASBA |
BSE Circular |
Akshar Spintex Limited |
23-Aug |
23-Aug |
₹1 |
- |
- |
ASBA |
BSE/NSE Circular |
Dhyaani Tradeventtures Limited |
23-Aug |
23-Aug |
₹23 |
- |
- |
ASBA |
BSE Circular |
Atal Realtech Limited |
22-Aug |
22-Aug |
₹7 |
- |
- |
ASBA |
BSE/NSE Circular |
Modern Engineering & Projects Limited |
26-Aug |
26-Aug |
₹40 |
- |
- |
ASBA |
BSE Circular |
Vardhman Polytex Limited |
28-Aug |
28-Aug |
₹6 |
- |
- |
ASBA |
BSE/NSE Circular |
Ducon Infratechnologies Limited |
30-Aug |
30-Aug |
7 |
- |
- |
ASBA |
BSE/NSE 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).
- For the online ASBA process, visit the website of an SCSB (Self-certified Syndicate Bank) and apply.
- For the offline ASBA process, submit a physical application to participate in the Rights Issue at a designated SCSB.
Here's alist of existing SCSBs.
For more details on Rights Issue/Rights Entitlement, please refer toBSE FAQs.
[01-Aug-24] Quantity Freeze Limits for Indices
As per a recent NSE Circular, the Quantity Freeze Limit and market lots for different indices have been revised w.e.f 01-Aug-24.
Below are the Quantity Freeze Limits and 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 |
60 |
2. |
NIFTY |
1800 |
72 |
3. |
FINNIFTY |
1800 |
72 (For Monthly Contracts and Weekly Contracts Starting 06-Aug-24) |
4. |
MIDCPNIFTY |
2800 |
56 (For Monthly Contracts and Weekly Contracts Starting 05-Aug-24) |
5. |
NIFTYNXT50 |
600 |
60 |
*Lot Size refers to Units per Lot. This is defined by the Exchange and is currently as follows: BANKNIFTY= 15; NIFTY=25; FINNIFTY=25 (Monthly Contracts) and 40 (Weekly Contracts); MIDCPNIFTY=50 (Monthly Contracts) and 75 (Weekly Contracts); NIFTYNXT50=10 |
Note:
- The lot size of FINNIFTY has changed from 40 to 25, starting with July monthly contracts and 06-Aug for weekly contracts.
- The lot size of MIDCAPNIFTY has changed from 75 to 50, starting with July monthly contracts and 05-Aug for weekly contracts.
Refer: NSE Circular
Bonus Issue of EIH Associated Hotels Limited
A bonus Issue is a corporate action in which 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, EIH Associated Hotels Ltd. (Scrip Code:523127) 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 |
EIH Associated Hotels Ltd. |
EIHAHOTELS |
13-Aug |
13-Aug |
Refer: BSE Circular
Delisting of equity shares of SBIHOMEFIN
As per recent circulars of NSE, the following security will be delisted w.e.f. 12-Aug-24.
Name of the Company |
Symbol |
Reason for Suspension |
SBI Home Finance Limited |
SBIHOMEFIN |
Voluntary Delisting |
Refer: NSE Circular
Bonus Issue of Sakuma Exports Limited
A bonus Issue is a corporate action in which 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, Sakuma Exports Limited (Scrip Code: 532713) 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 |
Sakuma Exports Limited |
SAKUMA |
10-Aug |
09-Aug |
Refer: BSE Circular
Bonus Issue of GRP Limited
A bonus Issue is a corporate action in which 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, GRP Ltd. (Scrip Code: 509152) 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 |
GRP Limited |
GRPLTD |
12-Aug |
12-Aug |
Refer: BSE Circular
Caution: Jaiprakash Associates Ltd. scrip
Please note that due to surveillance measures, the scrip Jaiprakash Associates Ltd. (JPASSOCIAT) will not be available for trading w.e.f 08-Aug-2024. The shares of Jaiprakash Associates Ltd. have been suspended and moved to Insolvency & Bankruptcy Code (IBC) stage 1. Please take note and trade accordingly.
Refer: BSE Circular
Offer for Sale (OFS) - SICAL LOGISTICS LIMITED
Offer for Sale of below company is open in BSE/NSE. To place your OFS request:
- Contact your sub-broker
- In case you don't have a sub-broker, call us at 18001020.
Scrip Name |
Category |
Time Window |
Floor Price |
Clearing Price |
SICALLOG |
Non-Retail |
02-Aug, 10:00 am - 03:30 pm |
Rs. 106 |
NA |
Offer for Sale (OFS) - GLENMARK LIFE SCIENCES LIMITED
Offer for Sale of below company is open in BSE/NSE. To place your OFS request:
- Contact your sub-broker
- In case you don't have a sub-broker, call us at 18001020.
Scrip Name |
Category |
Time Window |
Floor Price |
Clearing Price |
GLS |
Non-Retail |
11-Jul, 10:00 am - 03:30 pm |
Rs. 810 |
NA |
[05-Jul-24] Quantity Freeze Limits for Indices
As per a recent NSE Circular, the Quantity Freeze Limit and market lots for different indices has been revised w.e.f 05-Jul-24.
Below are the Quantity Freeze Limits and Maximum Lots per Order applicable for the mentioned indices:Note:
- The lot size of FINNIFTY is changing from 40 to 25 starting from July for monthly contracts and 06-Aug for weekly contracts.
- The lot size of MIDCAPNIFTY will change from 75 to 50 starting in July for monthly contracts and 05-Aug for weekly contracts.
Refer: NSE Circular 1 | NSE Circular 2