Sub-division and bonus Issue of equity shares of RAJNISH
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 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.
- 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 Name | Symbol | Record Date | Ex-bonus Basis From Date |
Rajnish Wellness Ltd. | RAJNISH | 22-Jul | 21-Jul |
Refer: BSE circular
Sub-division of equity shares of Hindustan Foods 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 Hindustan Foods Ltd. (Scrip Code: 519126) 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 |
Hindustan Foods Ltd. | HNDFDS | 1:5 | 22-Jul | 21-Jul |
Refer: BSE circular | NSE circular
Adjustment of F&O contracts and Bonus Issue of AKI
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 Name | Record date | Ex-Bonus basis from Date |
AKI India Ltd. | 20-Jul-22 | 19-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 Name | Current Market Lot size for F&O contracts | Revised Market lot size for F&O contracts |
AKI India Ltd. | 5000 | 6500 |
Refer: BSE circular
Rights Entitlement listing - July 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.
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.
Company | RE Symbol | Circular | RE listing date | RE last trading date | Last date to apply for Rights Shares | Where to apply for rights shares |
Banas Finance Ltd. | BANASFN-RE | BSE circular | 5-Jul | 14-Jul | 19-Jul | RTA |
Maharashtra Corporation Ltd. | MAHACOPR-RE | BSE circular | 19-Jul | 27-Jul | 2-Aug | RTA |
Please note: The value of RE will be zero after the rights issue closure date.
W.e.f 20-Jul: New Identity for BALFC
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 Company | New Name of the Company |
BALFC (511724) | BAIDFIN | Baid 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 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 Name | Symbol | Record date | Ex-Bonus basis from Date |
Panth Infinity Ltd. | PANTH | 19-Jul | 19-Jul |
Refer: BSE circular
Sub-division of equity shares of Renaissance Global 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 Renaissance Global Ltd. (Scrip Code: 532923) 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 |
Renaissance Global Ltd. | RGL | 1:5 | 20-Jul | 19-Jul |
Refer: BSE circular | NSE circular
W.e.f 18-Jul: New Identity for TMVRL
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 Company | New Name of the Company |
TMVRL (540210) | HEADSUP | The Mandhana Retail Ventures Ltd. | Heads UP Ventures Ltd. |
Refer: BSE Circular
Delisting of 37 Companies by BSE
The following companies will be delisted from BSE w.e.f Jul 13, 2022 on account of non-compliance with SEBI Regulations:
Sr No. | Company | Scrip Code |
1 | Advanced Micronic Devices Ltd | 517552 |
2 | Ankush Finstock Ltd. | 531519 |
3 | Arnav Corporation Ltd. | 531467 |
4 | Belapur Industries Ltd | 507050 |
5 | Birdhi Chand Pannalal Agencies Ltd | 538364 |
6 | Bronze Trading Ltd. | 539873 |
7 | Chiplun Fine Chemicals Ltd. | 530417 |
8 | Cromakem Ltd. | 526181 |
9 | Eduexel Infotainment Ltd. | 526483 |
10 | Emed.com Technologies Ltd. | 524588 |
11 | Excel Castronics Ltd. | 526735 |
12 | Five Core Exim Ltd. | 530885 |
13 | Ganesh Foundry & Casting Ltd. | 513448 |
14 | Greenfield Corp Ltd. | 531912 |
15 | Gujarat Meditech Ltd. | 524754 |
16 | HealthFore Technologies Ltd. | 533525 |
17 | KGN Enterprises Ltd. | 533790 |
18 | KGN Industries Ltd. | 531612 |
19 | Krishana Fabrics Ltd. | 539446 |
20 | Layla Textile and Traders Ltd. | 539125 |
21 | Madhur Capital & Finance Ltd. | 511638 |
22 | Magnum Ltd. | 530347 |
23 | Natco Economicals Ltd. | 539595 |
24 | Parab Infra Ltd. | 513359 |
25 | Professional Diamonds Ltd. | 523001 |
26 | Saamya Biotech India Ltd. | 532905 |
27 | Sang Froid Labs (India) Ltd. | 539392 |
28 | Satya Miners & Transporters Ltd. | 537068 |
29 | SFL International Ltd. | 530867 |
30 | Shyamal Holdings & Trading Ltd. | 505529 |
31 | SRS Finance Ltd. | 536799 |
32 | SRS Real Infrastructure Ltd. | 533305 |
33 | Tentiwala Metal Products Ltd. | 537119 |
34 | Total Exports Ltd. | 523878 |
35 | Universal Credit & Securities Ltd. | 531963 |
36 | Vardhaman Laboratories Ltd. | 524796 |
37 | Zenith Capitals Ltd. | 508900 |
Refer: BSE Circular
Bonus issue of ANG
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, ANG Lifesciences India Ltd. (Scrip Code: 540694) is issuing 1 bonus share for every 4 existing shares. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
ANG Lifesciences India Ltd. | ANG | 14-Jul | 13-Jul |
Refer: BSE circular