Sub-division of equity shares of TD Power Systems 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 TD Power Systems Ltd. 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 |
TD Power Systems Ltd. | TDPOWERSYS | 1:5 | 31-Oct | 31-Oct |
Refer: NSE circular
Sub-division of equity shares of Sanmit Infra 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 Sanmit Infra Ltd. (Scrip Code: 532435) 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 |
Sanmit Infra Ltd. | SANINFRA | 1:10 | 31-Oct | 31-Oct |
Refer: BSE circular
T+1 Settlement: October 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 28-Oct-22:
Important points for stocks under T+1 settlement in Cash segment:
Please note: You will not be able to sell captioned shares on 28-Oct-22 that has been purchased on 27-Oct-22. You will be able to sell shares as usual only after 28-Oct-22.
Refer: NSE Circular | BSE Circular | Overview of T+1 settlement
Important Dates: DCX Systems Ltd. IPO
DCX Systems is among the leading Indian players for the manufacture of electronic sub-systems and cable harnesses in terms of manufacturing capability and revenue in the defence and aerospace sector.
Read more about DCX Systems IPO
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 07-Nov-22 |
Initiation of Refunds | 09-Nov-22 |
Credit of Shares to Demat Acct | 10-Nov-22 |
IPO Shares Listing Date | 11-Nov-22 |
UPI mandate expiry date | 12-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 Kshitij Polyline 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 Kshitij Polyline Ltd. 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 |
Kshitij Polyline Ltd. | KSHITIJPOL | 1:5 | 27-Oct | 27-Oct |
Refer: NSE circular
Buybacks, Takeovers and Delisting - October 2022
Here's the list of the latest Buybacks, Takeovers and Delisting. The Offer Period and Price are mentioned along with them. To participate in any of these:
Scrip Name | BSE/NSE Circular | Sub Type | Start Date | End Date | Floor Price |
KEERTI | NSE Circular | Takeover | 31-10-22 | 14-11-22 | Rs. 22 |
INEOSSTYRO | NSE Circular | Takeover | 28-10-22 | 11-11-22 | Rs. 848.72 |
SCFL | BSE Circular | Buyback | 25-10-22 | 09-11-22 | Rs. 28 |
VELOXIND | BSE Circular | Takeover | 19-10-22 | 04-11-22 | Rs. 10 |
SHREESHAY | BSE Circular | Takeover | 17-10-22 | 01-11-22 | Rs. 42 |
ASITCFIN | BSE Circular | Takeover | 13-10-22 | 28-10-22 | Rs. 151.44 |
ACROW | BSE Circular | Takeover | 06-10-22 | 19-10-22 | Rs. 659 |
QUICKHEAL | BSE Circular | Buyback | 04-10-22 | 18-10-22 | Rs. 300 |
IYKOTHITE | BSE Circular | Takeover | 07-10-22 | 20-10-22 | Rs. 7.50 |
SIS | NSE Circular | Buyback | 04-10-22 | 18-10-22 | Rs. 550 |
Adjustment of F&O contracts and Bonus Issue of NMDC
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, NMDC Ltd. is issuing 1 bonus share in NMDC Iron & Steel Ltd. for every 1 existing share held in NMDC Ltd. The key dates for the Bonus Issue are as follows:
Company Name | Record date | Ex-Bonus basis from Date |
NMDC Ltd. | 28-Oct-22 | 25-Oct-22 |
Refer: NSE circular
Sub-division of equity shares of Axita Cotton 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 Axita Cotton Ltd. 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 |
Axita Cotton Ltd. | AXITA | 1:10 | 21-Oct | 21-Oct |
Refer: NSE circular
W.e.f 21-Oct: New Identity for Meenakshi Enterprises Ltd.
As per a recent circular, the name and symbol of Meenakshi Enterprises Ltd. (Scrip code: 538834) will be changed as follows w.e.f 21-Oct-22.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
MEL | JMJFIN | Meenakshi Enterprises Ltd. | JMJ Fintech Ltd. |
Refer: BSE Circular
Bonus Issue of Regency Fincorp 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, Regency Fincorp Ltd. (Scrip Code: 540175) 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 |
Regency Fincorp Ltd. | REGENCY | 21-Oct | 21-Oct |
Refer: BSE circular