Announcements

As per a circular, Shriram Transport Finance Company Ltd. has announced the allotment of 155 fully paid-up equity shares of Rs 10 each of Shriram Transport Finance Company Ltd. for every 100 fully paid-up equity shares of Rs 10 each of Shriram City Union Finance Ltd., due to the scheme of amalgamation of Shriram City Union Finance Ltd. with Shriram Transport Finance Company Ltd.

You are hereby informed that trading in securities of Shriram City Union Finance Ltd. is therefore suspended w.e.f from 29-Nov-22 in consideration of the amalgamation, transfer, and vesting of Shriram City Union Finance Ltd. into Shriram Transport Finance Company Ltd.

Refer: BSE Circular | NSE 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, Veer Energy & Infrastructure Ltd. (Scrip Code: 503657) is issuing 3 bonus shares for every 10 existing shares. The key dates for the Bonus Issue 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, Commercial Syn Bags Ltd. (Scrip Code: 539986) is issuing 2 bonus shares for every 1 existing share. The key dates for the Bonus Issue 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 Mafatlal Industries  Ltd. (Scrip Code: 500264) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

Refer: BSE circular

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