T+1 Settlement: September 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-Sep-22:
Important points for stocks under T+1 settlement in Cash segment:
Refer: NSE Circular | BSE Circular | Overview of T+1 settlement
Bonus Issue of Ram Ratna Wires 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, Ram Ratna Wires Ltd. (Scrip Code: 522281) 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 |
Ram Ratna Wires Ltd | RAMRAT | 29-Sep | 28-Sep |
Refer: BSE circular
Bonus Issue of Pondy Oxides & Chemicals 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, Pondy Oxides & Chemicals Ltd. (Scrip Code: 532626) 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 |
Pondy Oxides & Chemicals Ltd | PONDYOXIDE | 29-Sep | 28-Sep |
Refer: BSE circular
W.e.f 27-Sep: New Identity for Devki Leasing & Finance Ltd.
As per a recent circular, the name and symbol of Devki Leasing & Finance Ltd. (Scrip code: 530765) will be changed as follows w.e.f 27-Sep-22.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
DEVKI | AGARWAL | Devki Leasing & Finance Ltd. | Agarwal Fortune India Ltd. |
Refer: BSE Circular
Bonus Issue of Bharat Gears 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, Bharat Gears Ltd. (Scrip Code: 505688) 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 |
Bharat Gears Ltd | BHARATGEAR | 28-Sep | 27-Sep |
Refer: BSE circular
Buybacks, Takeovers and Delisting - September 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 |
BARODARY | BSE Circular | Takeover | 26-09-22 | 10-10-22 | Rs. 9.80 |
HKG | BSE Circular | Takeover | 23-09-22 | 07-10-22 | Rs. 14.20 |
ABVL | BSE Circular | Takeover | 20-09-22 | 03-10-22 | Rs. 30 |
LLOYDSME | BSE Circular | Takeover | 16-09-22 | 29-09-22 | Rs. 137 |
SURAJLTD | BSE Circular | Buyback | 14-09-22 | 27-09-22 | Rs. 77 |
TCIDEVELOP | BSE Circular | Delisting | 14-09-22 | 20-09-22 | Rs. 358.22 |
QUEST | BSE Circular | Takeover | 13-09-22 | 26-09-22 | Rs. 4 |
Bonus Issue of Ruby Mills 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, Ruby Mills Ltd. (Scrip Code: 503169) 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 |
Ruby Mills Ltd | RUBYMILLS | 26-Sep | 23-Sep |
Refer: BSE circular
W.e.f 22-Sep: New Identity for MBL Infrastructures Ltd.
As per a recent circular, the name of MBL Infrastructures Ltd (Scrip code: 533152) will be changed as follows w.e.f 22-Sep-22.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
MBLINFRA | MBLINFRA | MBL Infrastructures Ltd. | MBL Infrastructure Ltd. |
Refer: BSE Circular
Bonus Issue of JMD Venture 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, JMD Ventures Ltd (Scrip Code: 511092) 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 |
JMD Ventures Ltd. | JMDVL | 23-Sep | 23-Sep |
Refer: BSE circular
Sub-division of equity shares of Saksoft 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 Saksoft Ltd. (Scrip Code: 590051) 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 |
Saksoft Ltd | SAKSOFT | 1:10 | 26-Sep | 23-Sep |
Refer: BSE circular | NSE circular