Sub-division of equity shares of HLE Glascoat 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 HLE Glascoat Ltd. (Scrip Code: 522215) 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 |
HLE Glascoat Ltd. | HLEGLAS | 1:5 | 19-Oct | 18-Oct |
Refer: BSE circular
W.e.f 17-Oct: New Identity for GMR Infrastructure Ltd.
As per a recent circular, the name of GMR Infrastructure Ltd. (Scrip code: 532754) will be changed as follows w.e.f 17-Oct-22.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
GMRINFRA | GMRINFRA | GMR Infrastructure Ltd. | GMR Airports Infrastructure Ltd. |
Refer: BSE Circular
Rights Issue listing - September 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.
Here’s the listing for September 2022:
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.
Company | Ex-date | Record Date | RI Price | RE Trading Period | Last date to apply for Rights Shares | Where to apply for rights shares | Circular |
Libas Consumer Products Ltd. | 15-Sep | 16-Sep | Rs. 21 | 27-Sep to 3-Oct | 7-Oct | ASBA | NSE Circular |
Suditi Industries Ltd. | 6-Sep | 6-Sep | Rs. 30 | 15-Sep to 16-Sep | 21-Sep | ASBA | BSE Circular |
Gautam Gems Ltd. | 01-Sep | 01-Sep | Rs. 11 (on app Rs. 2.75 pp) | 12-Sep to 26-Sep | 30-Sep | ASBA | BSE Circular |
7NR Retail Ltd. | 23-Aug | 23-Aug | Rs. 1.40 | 6-Sep to 15-Sep | 20-Sep | ASBA | BSE Circular |
Naysaa Securities Ltd. | 01-Sep | 01-Sep | Rs 100 | 7-Sep to 8-Sep | 13-Sep | ASBA | BSE Circular |
Coastal Corporation Ltd. | 25-Aug | 26-Aug | Rs. 225 (on app Rs 56.25 pp) | 12-Sep to 21-Sep | 27-Sep | 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
Bonus Issue of Veeram Securities 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, Veeram Securities Ltd. (Scrip Code: 540252) is issuing 1 bonus share for every 2 existing shares. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Veeram Securities Ltd. | VSL | 15-Oct | 14-Oct |
Refer: BSE circular
W.e.f 13-Oct: New Identity for Scandent Imaging Ltd.
As per a recent circular, the name and symbol of Scandent Imaging Ltd. (Scrip code: 516110) will be changed as follows w.e.f 13-Oct-22.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
SCANDENT | FAMILYCARE | Scandent Imaging Ltd. | Family Care Hospitals Ltd. |
Refer: BSE Circular
Adjustment of F&O contracts and Bonus Issue of AARTIIND
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 shareholders.
As per the recent NSE circular, Aarti Industries Ltd. is issuing 1 bonus share in Aarti Pharmalabs Ltd. for every 4 existing shares held in Aarti Industries Ltd. The key dates for the Bonus Issue are as follows:
Company Name | Record date | Ex-Bonus basis from Date |
Aarti Industries Ltd. | 20-Oct-22 | 19-Oct-22 |
In pursuant to the bonus issue of equity shares, the new F&O contracts with revised market lot of Aarti Industries Ltd will be available for trading w.e.f. 19-Oct-22 for the expiry of Oct-22, Nov-22 and Dec-22.
Scrip Name | Revised Market lot size for F&O contracts |
Aarti Industries Ltd. | 850 |
Refer: NSE circular 1 | NSE Circular 2
Muhurat Trading Session: 24-Oct
An important part of yearly Diwali festivities is the customary trading session, commonly referred to as Muhurat Trading. Stock exchanges open trading for a special live trading session to give traders an opportunity to participate in this trading ritual which is believed to bring wealth and prosperity throughout the year.
This year, Muhurat Trading Session will be held on 24-Oct-22. Below are the timings for the various segments.
![](https://announcements123.files.wordpress.com/2021/10/muhurat-trading-1.png?w=632)
For more details, please refer to the circulars from NSE (Equities and F&O), BSE, NCDEX and MCX.
Learn more about the importance of Muhurat Trading here.
Aarti Industries Ltd (AARTIIND) Corporate Action
As per NSE’s circular, Aarti Industries Ltd has announced the allotment of 1 equity share of Aarti Pharmalabs Ltd. for every 4 equity shares of Aarti Industries Ltd.
All existing contracts in the underlying AARTIIND, expiring on or after October 18, 2022, i.e. contracts expiring in the month of October-2022, November-2022 and December-2022, shall expire on October 18, 2022.
All existing contracts with expiry dates October 27, 2022, November 24, 2022 and December 29, 2022, will expire on October 18, 2022.
If you have any existing open positions in these contracts, kindly take the below steps:
The AARTIIND F&O Contracts for the above expiry dates will be re-introduced for trading on 19-Oct-22.
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 18-Oct-22 post market hours.
Refer: NSE Circular
MCX Trade Timings Revised from 07-Nov
Due to the change in US Daylight Savings timings, MCX trade timings will be revised. The revised trading hours will be in effect from 07-Nov-22 to 10-Mar-23 (both days inclusive).
Please refer to the table below for the revised timings:
Particulars | Trade Start Time | Trade End Time |
Non-Agri Commodities | 9:00 am | 11:55 pm |
Select Agri Commodities(Cotton, Crude Palm Oil (CPO) & Kapas) | 9:00 am | 9:00 pm |
All Other Commodities | 9:00 am | 5:00 pm |
Accordingly, the square-off timings for Intraday Positions of MCX will also be revised. All intraday positions will be squared-off 15 minutes prior to close of trading hours.
W.e.f 11-Oct: New Identity for Rajkumar Forge Ltd.
As per a recent circular, the name and symbol of Rajkumar Forge Ltd. (Scrip code: 513369) will be changed as follows w.e.f 11-Oct-22.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
RJKMRFR | KVFORGE | Rajkumar Forge Ltd. | Krishanveer Forge Ltd. |
Refer: BSE Circular