w.e.f 13-Jul: New Identity for RUCHI
As per a recent circular, the name and symbol of Ruchi Soya Industries Ltd. (Scrip code: 500368) will be changed as follows w.e.f 13-Jul-22.
Existing Symbol (Scrip Code) | New Symbol | Existing Name the of Company | New Name of the Company |
RUCHI (500368) | PATANJALI | Ruchi Soya Industries Ltd. | Patanjali Foods Ltd. |
Refer: BSE Circular | NSE Circular
Sub-division of equity shares of Steel Exchange India 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 BSE circular, 1 equity share of Steel Exchange India Ltd. (Scrip Code: 534748) 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 |
Steel Exchange India Ltd. | STEELXIND | 1:10 | 13-Jul | 12-Jul |
Refer: BSE circular | NSE circular
No such thing as assured returns
Assured returns do not exist.
If any scheme or advisor promises you assured earnings or unreasonably high returns, you should be extremely careful while dealing with them.
Below are a few guidelines to help you stay alert while making investment decisions:
- Always have full knowledge of the product you intend to invest in, including the risks associated with it
- Never trust any written or oral promises assuring guaranteed or unreasonably high returns
- Never make cash payments to the stock broker
- Do not invest in any schemes run by an entity that does not have SEBI registration
Basic things to look at while investing in any product are—risk, returns, time horizon, and the exit route. Any scheme which offers high returns, will undoubtedly have higher risks.
Investment in securities is a crucial part of any investment portfolio, but to benefit from it, one needs to be careful and avoid getting trapped by false promises of assured returns.
Adjustment of F&O contracts and Bonus Issue of TORNTPHARM
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 NSE circular, Torrent Pharmaceuticals Ltd. is issuing 1 bonus share for every 1 existing share held. The key dates for the Bonus Issue are as follows:
Company Name | Record date | Ex-Bonus basis from Date |
Torrent Pharmaceuticals Ltd. | 11-Jul-22 | 08-Jul-22 |
In pursuant to the bonus issue of equity shares, the market lot size for F&O contracts of Torrent Pharmaceuticals Ltd. will be revised w.e.f. 8-Jul-22 as follows:
Scrip Name | Current Market Lot size for F&O contracts | Revised Market lot size for F&O contracts |
Torrent Pharmaceuticals Ltd. | 250 | 500 |
Refer: NSE circular | BSE circular
Bonus issue of MINDAIND
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, Minda Industries Ltd. (Scrip Code: 532539) 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 |
Minda Industries Ltd. | MINDAIND | 08-Jul | 07-Jul |
Refer: BSE circular
Bonus issue of EKI
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, EKI Energy Services Ltd. (Scrip Code: 543284) is issuing 3 bonus shares 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 |
EKI Energy Services Ltd. | EKI | 05-Jul | 04-Jul |
Suspension of trading in securities of 2 Companies
Trading in securities of the undermentioned companies will be suspended w.e.f Jul 04, 2022 and will not be shifted to Z/ZP/ZY group.
Name of Company | Scrip code |
Agrimony Commodities Ltd. | 537492 |
Regal Entertainment & Consultants Ltd. | 531033 |
Refer: BSE Circular
Bonus issue of SWASTIVI
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, Swasti Vinayaka Art & Heritage Corporation Ltd. (Scrip Code: 512257) is issuing 1 bonus share for every 5 existing shares. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Swasti Vinayaka Art & Heritage Corporation Ltd. | SWASTIVI | 04-Jul | 01-Jul |
Refer: BSE circular
Bonus issue of XPROINDIA
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, Xpro India Ltd. (Scrip Code: 590013) 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 |
Xpro India Ltd. | XPROINDIA | 04-Jul | 1-Jul |
Refer: BSE circular
W.e.f 01-Jul: New Identity for ZUARIGLOB
As per a recent circular, the name and symbol of ZUARIGLOB (Scrip code: 500780) will be changed as follows w.e.f 04-Jul-22.
Existing Symbol (Scrip Code) | New Symbol | Existing Name the of Company | New Name of the Company |
ZUARIGLOB (500780) | ZUARIIND | Zuari Global Ltd. | Zuari Industries Ltd. |
Refer: BSE Circular | NSE Circular