Important Dates: Dharmaj Crop Guard Ltd. IPO
Dharmaj is an agrochemical company engaged in the business of manufacturing, distributing, and marketing a wide range of agrochemical formulations such as insecticides, fungicides, herbicides, plant growth regulators, micro fertilizers, and antibiotics to B2C and B2B customers.
Read more about Dharmaj Crop Guard IPO
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 05-Dec-22 |
Initiation of Refunds | 06-Dec-22 |
Credit of Shares to Demat Acct | 06-Dec-22 |
IPO Shares Listing Date | 08-Dec-22 |
UPI mandate expiry date | 09-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.
Shriram City Union Finance Ltd (SHRIRAMCIT) Corporate Action
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.
Name of Company | Symbol | Series | Reason for Suspension |
Shriram City Union Finance Ltd. | SHRIRAMCIT | EQ | Scheme of Amalgamation |
Refer: BSE Circular | NSE Circular
Bonus Issue of Veer Energy & Infrastructure 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, 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:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Veer Energy & Infrastructure Ltd. | VEERENRGY | 25-Nov | 25-Nov |
Refer: BSE circular
Bonus Issue of Commercial Syn Bags 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, 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:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Commercial Syn Bags Ltd. | COMSYN | 25-Nov | 25-Nov |
Refer: BSE circular
Sub-division of equity shares of Mafatlal Industries 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 Mafatlal Industries Ltd. (Scrip Code: 500264) 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 |
Mafatlal Industries Ltd. | MAFATIND | 1:5 | 25-Nov | 25-Nov |
Refer: BSE circular
T+1 Settlement: November Update
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
Rights Issue listing - November 2022
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:
Company | Ex-date | Record Date | RI Price | RE Trading Period | Last date to apply for Rights Shares | Where to apply for rights shares | Circular |
Compuage Infocom Ltd. | 14- Nov | 14- Nov | Rs. 20 | 23- Nov to 29- Nov | 2- Dec | ASBA | BSE Circular |
Transwarranty Finance Limited | 04- Nov | 04- Nov | Rs. 10 (Rs. 3 on app) | 15- Nov to 23- Nov | 29- Nov | ASBA | BSE Circular |
Rungta Irrigation Limited | 11- Nov | 11- Nov | Rs. 11(Rs. 3 on app) | 9- Dec to 12- Dec | 15- Dec | ASBA | BSE Circular |
Suven Life Sciences Ltd. | 17-Oct | 18-Oct | Rs. 55 | 31-Oct to 03-Nov | 10-Nov | ASBA | BSE Circular |
Hilton Metal Forging Ltd. | 20-Oct | 20-Oct | Rs. 55 | 03-Nov onwards | 11-Nov | ASBA | BSE 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).
Here's a list of existing SCSBs.
For more details on Rights Issue/Rights Entitlement, please refer to BSE FAQs
W.e.f 25-Nov: New Identity for Dr Habeebullah Life Sciences Ltd.
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.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
DRHABEEB | SAMSRITA | Dr Habeebullah Life Sciences Ltd. | Samsrita Labs Ltd. |
Refer: BSE Circular
Sub-division of equity shares of Dev Information Technology 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 Dev Information Technology Ltd. (Scrip Code: 543462) 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 |
Dev Information Technology Ltd. | DEVIT | 1:2 | 25-Nov | 25-Nov |
Refer: BSE circular
W.e.f 23-Nov: New Identity for Ellora Trading Ltd.
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.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
ELLORATRAD | VEL | Ellora Trading Ltd. | Vaxfab Enterprises Ltd. |
Refer: BSE Circular