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 i…

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 Shanti Educational Initiatives Ltd. (Scrip Code: 539921) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Shanti Educational Initiatives Ltd.SEIL1:1022-Jul21-Jul

Refer: BSE circular

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 i…

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 Ontic Finserv Ltd. (Scrip Code: 540386) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Ontic Finserv Ltd.ONTIC1:1022-Jul21-Jul

Refer: BSE circular

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 i…

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.

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 a recent BSE circular, 

  1. 1 equity share of Rajnish Wellness Ltd. (Scrip Code: 541601) of Face Value of Rs. 10 will be sub-divided into 5 equity shares of Face value of Rs. 2 each.
  1. A bonus of 2 equity shares of Face value of Rs. 2 will be issued for every 1 equity share of Face value of Rs. 2 held. 

The key dates for the same are as follows:

Company NameSymbolRecord DateEx-bonus Basis From Date
Rajnish Wellness Ltd.RAJNISH          22-Jul21-Jul

Refer: BSE circular

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 i…

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 Hindustan Foods Ltd. (Scrip Code: 519126) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Hindustan Foods Ltd.HNDFDS1:522-Jul21-Jul

Refer: BSE circular | NSE circular

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 sh…

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, AKI India Ltd. is issuing 3 bonus shares for every 10 existing shares held. The key dates for the Bonus Issue are as follows:

Company NameRecord dateEx-Bonus basis from Date 
AKI India Ltd.20-Jul-2219-Jul-22

In pursuant to the bonus issue of equity shares, the market lot size for F&O contracts of AKI India Ltd. will be revised w.e.f. 19-Jul-22 as follows:

Scrip NameCurrent Market Lot size for F&O contractsRevised Market lot size for F&O contracts
AKI India Ltd.50006500

Refer: BSE circular

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 entit…

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 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 shares, you should apply at their respective Registrar & Transfer Agent (RTA) and convert RE into shares. Since RE are temporary in nature, they will cease to exist after the closure date, so execute your RE or sell it in the secondary market before the last trading date.

Here’s the listing for July 2022.

CompanyRE SymbolCircularRE listing dateRE last trading dateLast date to apply for Rights SharesWhere to apply for rights shares
Banas Finance Ltd.BANASFN-REBSE circular5-Jul14-Jul19-JulRTA
Maharashtra Corporation Ltd.MAHACOPR-REBSE circular19-Jul27-Jul2-AugRTA 

Please note: The value of RE will be zero after the rights issue closure date.

As per a recent circular, the name and symbol of Baid Leasing & Finance Co. Ltd. (Scrip code: 511724) will be changed as follows w.e.f 20-Jul-22.…

As per a recent circular, the name and symbol of Baid Leasing & Finance Co. Ltd. (Scrip code: 511724) will be changed as follows w.e.f 20-Jul-22.

Existing Symbol (Scrip Code)New Symbol Existing Name the of CompanyNew Name of the  Company
BALFC (511724)BAIDFINBaid Leasing & Finance Co. Ltd.Baid Finserv Ltd.

Refer: BSE Circular 

Bonus issue of PANTH

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 sh…

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 circular, Panth Infinity Ltd. (Scrip Code: 539143) is issuing 1 bonus share for every 2 existing shares. The key dates for the Bonus Issue are as follows:

Company NameSymbolRecord dateEx-Bonus basis from Date 
Panth Infinity Ltd.PANTH19-Jul19-Jul

Refer: BSE circular

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 i…

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 Renaissance Global Ltd. (Scrip Code: 532923) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Renaissance Global Ltd.RGL1:520-Jul19-Jul

Refer: BSE circular | NSE circular

As per a recent BSE circular, the name and symbol of The Mandhana Retail Ventures Ltd. (Scrip code: 540210) will be changed as follows w.e.f 18-Jul-2…

As per a recent BSE circular, the name and symbol of The Mandhana Retail Ventures Ltd. (Scrip code: 540210) will be changed as follows w.e.f 18-Jul-22.

Existing Symbol (Scrip Code)New Symbol Existing Name the of CompanyNew Name of the  Company
TMVRL (540210)HEADSUPThe Mandhana Retail Ventures Ltd.Heads UP Ventures Ltd.

Refer: BSE Circular