MindTree Ltd (MINDTREE) Corporate Action
As per a circular, MindTree Ltd has announced the allotment of 73 fully paid-up equity shares of Re 1 each of L&T Infotech for every 100 fully paid-up equity shares of Rs 10 each of MindTree Ltd, due to the scheme of amalgamation of MindTree with L&T Infotech Ltd.
All existing contracts in the underlying MINDTREE, expiring on or after 22 November 2022, i.e. contracts expiring in the month of November-2022, December-2022, and January-2023, shall expire on 22 November 2022.
If you have any existing open positions in these contracts, kindly take the below steps:
The list of option strikes from which specific strike prices would be made available for these contracts will be communicated via a separate circular to be issued on 22-Nov-22 post-market hours.
Refer: NSE Circular 1, NSE Circular 2, BSE Circular 1, BSE Circular 2
W.e.f 18-Nov: New Identity for Acrysil Ltd.
As per a recent circular, the name and symbol of Acrysil Ltd. (Scrip code: 524091) will be changed as follows w.e.f 18-Nov-22.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
ACRYSIL | CARYSIL | Acrysil Ltd. | Carysil Ltd. |
Refer: BSE Circular
Bonus Issue of Motherson Sumi Wiring India 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, Motherson Sumi Wiring India Ltd. (Scrip Code: 543498) is issuing 2 bonus shares for every 5 existing shares. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Motherson Sumi Wiring India Ltd. | MSUMI | 17-Nov | 16-Nov |
Refer: BSE circular
W.e.f 16-Nov: New Identity for Vegetable Products Ltd.
As per a recent circular, the name and symbol of Vegetable Products Ltd. (Scrip code: 539132) will be changed as follows w.e.f 16-Nov-22.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
VEGETABLE | WARDWIZFBL | Vegetable Products Ltd. | Wardwizard Foods and Beverages Ltd. |
Refer: BSE Circular
Sub-division of equity shares of Pressure Sensitive Systems (India) 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 Pressure Sensitive Systems (India) Ltd. (Scrip Code: 526773) will be sub-divided into 10 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Pressure Sensitive Systems (India) Ltd. | PRESSURS | 1:10 | 16-Nov | 16-Nov |
Refer: BSE circular
Important Dates: Keystone Realtors Ltd. (Rustomjee) IPO
Keystone Realtors Ltd. (Rustomjee) is one of the prominent real estate developers (in terms of absorption in number of units) in the micro markets. As of June 2022, they had 32 Completed Projects, 12 Ongoing Projects and 21 Forthcoming Projects across the Mumbai Metropolitan Region that includes a comprehensive range of projects under the affordable, mid and mass, aspirational, premium and super premium categories.
Read more about Keystone Realtors Ltd IPO
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 21-Nov-22 |
Initiation of Refunds | 22-Nov-22 |
Credit of Shares to Demat Acct | 23-Nov-22 |
IPO Shares Listing Date | 24-Nov-22 |
UPI mandate expiry date | 25-Nov-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.
Sub-division of equity shares of Arfin India 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 Arfin India Ltd. (Scrip Code: 539151) will be sub-divided into 10 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Arfin India Ltd. | ARFIN | 1:10 | 14-Nov | 14-Nov |
Refer: BSE circular
Bonus Issue of Punit Commercials 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, Punit Commercials Ltd. (Scrip Code: 512099) is issuing 5 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 |
Punit Commercials Ltd. | PUNITCO | 09-Nov | 09-Nov |
Refer: BSE circular
W.e.f 10-Nov: New Identity for Toyam Industries Ltd.
As per a recent circular, the name and symbol of Toyam Industries Ltd. (Scrip code: 538607) will be changed as follows w.e.f 10-Nov-22.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
TOYAMIND | TOYAMSL | Toyam Industries Ltd. | Toyam Sports Ltd. |
Refer: BSE Circular
Important Dates: Inox Green Energy Services Ltd. IPO
Inox Green Energy Services Ltd. is one of the major wind power operation and maintenance (O&M) service providers within India. The company is engaged in the business of providing long-term O&M services for wind farm projects, specifically the provision of O&M services for wind turbine generators (WTGs) and the common infrastructure facilities on the wind farm which support the evacuation of power from such WTGs.
Read more about Inox Green Energy IPO
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 17-Nov-22 |
Initiation of Refunds | 18-Nov-22 |
Credit of Shares to Demat Acct | 21-Nov-22 |
IPO Shares Listing Date | 22-Nov-22 |
UPI mandate expiry date | 23-Nov-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.