Announcements

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, Varun Beverages Limited (Scrip Code: 540180) is issuing 1 bonus share for every 2 existing shares held. The key dates for the Bonus Issue are as follows:

Refer: Bonus Issue | BSE circular

Incorporated in the year 1985, Kapashi Commercial Limited was promoted by a highly qualified and established team of industrialists specializing in designing, manufacturing and the engineering business of iron and steel. Over the years they have diversified in the field of development and trading in ferrous and non-ferrous metals. Recently, Kapashi Commercials Limited changed its name to Sera Investment and Finance India Limited.

As per a recent circular of BSE, the name and symbol of Kapashi Commercials Limited (Scrip code: 512399) will be changed as follows w.e.f 06-Jun-22.

Please take note of the change. Happy Trading!

Circular: BSE

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, RO Jewels Limited (Scrip Code: 543171) is issuing 82  bonus shares for every 32 existing shares held. The key dates for the Bonus Issue are as follows:

In pursuant to the bonus issue of equity shares, the market lot size of RO Jewels Limited will be revised as follows w.e.f 02-Jun.

Refer: Bonus Issue | BSE circular

Buyback is a corporate action in which a company buys back its shares from the existing shareholders for several reasons. There are different methods of buyback among which Open Market Buyback is one.

In an open market buyback, the company purchases its shares directly from the market and there won’t be any tender process. Any equity shareholder of the company can participate in the buyback offer during the buyback window.

Here are the open market buybacks of 2022,

If you hold shares of the company, you can bid by placing normal sell orders through their stockbroker till the buyback window is open. Refer to the links in the table to find more details.

Incorporated in the year 1991, Prem Somani Financial Services Limited is operating in the financial services sector and offers investment advice. Recently, Prem Somani Financial Services Ltd. changed its name to Ace Engitech Limited.

The change of name is reflected in the stock market as well with the change in name and symbol for trading on the exchanges. As per a recent circular of BSE, the name and symbol of Prem Somani Financial Services Ltd. (Scrip code: 530669) will be changed as follows w.e.f 01-Jun-22.

Please take note of the change. Happy Trading!

Circular: BSE

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 27-May 22, 

• 42 more securities (total of 87) of NSE will be added to the T+1 settlement
• 459 more securities (total of 1352) of BSE will be added to the T+1 settlement

Important points for stocks under T+1 settlement in the Cash segment:

1. The stocks traded will be settled on T+1 day. 
2. The MTF (Margin Trading Facility) Pledge Request needs to be authorized by 9:00 PM on T day for MTF funding.
3. Auction settlement (if any) will happen on T+2 day.

To know more about the T+1 settlement cycle, refer

Joint Press Release| BSE Circular | Overview of T+1settlement

Here's the list of the latest Buybacks, Takeovers and De-listing. The Offer Period and Price are mentioned along with them. To participate in any of these:

• Write to us at support@angelbroking.com or
• Call us on 18001020

Aether is a speciality chemical manufacturer in India focused on producing advanced intermediates and speciality chemicals involving complex and differentiated chemistry and technology core competencies. Aether is one of the fastest growing specialty chemical companies in India, growing at a CAGR of nearly 49.5% between Fiscal 2019 and Fiscal 2021.

The below table has important dates with respect to the Aether Industries IPO allotment and listing.

How to Check Allotment Status

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.

Offer for Sale of below companies are open in BSE/NSE. To Place your OFS Request:

• Contact your sub-broker.
• In case you don't have a sub-broker, call us on 18001020.

Ethos is India’s largest luxury and premium watch retail player having 13% share of the total retail sales in premium and luxury segment and a share of 20% when seen in exclusively luxury segment. Its 50 stores are spread across 17 cities.

Check : Ethos IPO Details

How to apply via Web Platform

The below table has important dates with respect to the IPO allotment and listing.

How to Check Allotment Status

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.