Bonus Issue of Integrated Industries 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, Integrated Industries Ltd. (Scrip Code: 531889) 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 |
Integrated Industries Ltd. | IIL | 16-Apr | 16-Apr |
Refer: BSE Circular
Rights Issue - April 2024
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 (RE) 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 the shares, you should apply at their respective Registrar & Transfer Agent (RTA) and convert RE into shares. You should keep in mind that RE is temporary, and until you apply and pay the requisite amount, rights shares won’t be credited to your Demat account.
Here’s the listing for April 2024:
Company | Ex-date | Record Date | RI Price (Rs. per share) | RE Trading Period | Last date to apply for Rights Shares | Where to apply for rights shares | Circular |
Balkrishna Paper Mills Limited | 15- Mar | 15- Mar | Rs. 21 | 02-Apr to 08-Apr | 15- Apr | ASBA | BSE |
Mishtann Foods Limited** | 20- Mar | 20- Mar | Rs. 15 | 02-Apr to NA | 16- Apr | ASBA | BSE |
Sawaca Business Machines Limited | 07- Mar | 07- Mar | Re. 1 | 02-Apr to 08-Apr | 22-Apr (Extension) | ASBA | BSE |
Spectrum Foods Limited | 27-Mar | 27-Mar | Rs. 20 | 08-Apr to 17-Apr | 22-Apr | ASBA | BSE |
Markobenz Ventures Limited | 27-Mar | 27-Mar | Rs. 10 | 15-Apr to 18-Apr | 22-Apr | ASBA | BSE |
Tierra Agrotech Limited | 18-Mar | 18-Mar | Rs. 50 | 28-Mar to 16-Apr | 24-Apr (Extension) | ASBA | BSE |
Jyoti Structures Limited | 21-Mar | 21-Mar | Rs. 15 | 15-Apr to 24-Apr | 29-Apr | ASBA | BSE |
Shiva Cement Limited | 03-Apr | 03-Apr | Rs. 40 | 22-Apr to 30-Apr | 06-May | ASBA | BSE |
AA Plus Tradelink Limited | 05-Apr | 05-Apr | Rs. 18 | 22-Apr to 03-May | 06-May | ASBA | BSE |
Iykot Hitech Toolroom Limited | 03-Apr | 03-Apr | Rs. 7 | 24-Apr to 30-Apr | 08-May | ASBA | BSE |
A B Infrabuild Limited | 05-Apr | 05-Apr | Rs. 18 | 29-Apr to 06-May | 13-May | ASBA | BSE |
Sakuma Exports Limited | 15-Apr | 15-Apr | Rs. 25.30 | 25-Apr to 07-May | 13-May | ASBA | BSE |
Savani Financials Limited | 04-Apr | 04-Apr | Rs. 17.50 (Rs. 14 On App PP Shares) | 07-May to NA | 17-May | ASBA | BSE |
Please note: The value of RE will be zero after the Rights Issue closure date.
RE Trading Period: The Exchange will publish a circular 2 days prior to the issue open date.
How to apply for Rights Issue: The Rights Issue offer is updated with ASBA (Application Supported Blocked Amount).
Here's a list of existing SCSBs.
For more details on Rights Issue/Rights Entitlement, please refer to BSE FAQs.
W.e.f 12-Apr: New Identity for Justride Enterprises Ltd.
As per a recent circular, the name and symbol of Justride Enterprises Ltd. (Scrip code: 531035) will be changed as follows w.e.f 12-Apr-24.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
JRELTD | ERAAYA | Justride Enterprises Ltd. | Eraaya Lifespaces Ltd. |
Refer: BSE Circular
Sub-division of equity shares of Sprayking 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 Sprayking Ltd. (Scrip Code: 540079) 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 |
Sprayking Ltd. | SPRAYKING | 1:5 | 12-Apr | 12-Apr |
Refer: BSE Circular
W.e.f 10-Apr: New Identity for D B Realty Ltd.
As per a recent circular, the name and symbol of D B Realty Ltd. (Scrip code: 533160) will be changed as follows w.e.f 10-Apr-24.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
DBREALTY | DBREALTY | D B Realty Ltd. | Valor Estate Ltd. |
Refer: NSE Circular | BSE Circular
Bonus Issue of Grauer & Weil (India) 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, Grauer & Weil (India) Ltd. (Scrip Code: 505710) 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 |
Grauer & Weil (India) Ltd. | GRAUWEIL | 10-Apr | 10-Apr |
Refer: BSE Circular
Bonus Issue of PROMAX POWER LIMITED
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, PROMAX POWER LIMITED (Scrip Code: 543375) 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 |
PROMAX POWER LIMITED | PROMAX | 09-Mar | 08-Mar |
Trading Members are requested to note the Change in the Market Lot of PROMAX POWER LIMITED (543375) pursuant to the Bonus Issue of Equity Shares as given below, which will be effective from Monday, April 08, 2024:
Company Name | Scrip Code | Current Market Lot | Revised Market Lot |
PROMAX POWER LIMITED | PROMAX | 2500 | 5000 |
Refer: BSE Circular
Quantity Freeze Limits for Indices- April 2024
As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 01- Apr-24.
Below are the Quantity Freeze Limits & Maximum Lots per Order applicable for the mentioned indices:
No. | Indices | Quantity Freeze Limit(Maximum units you can buy or sell per order) | Maximum lots per Order(Quantity Freeze Limit/Lot Size*) |
1. | BANKNIFTY | 900 | 36 |
2. | NIFTY | 1800 | 36 |
3. | FINNIFTY | 1800 | 45 |
4. | MIDCPNIFTY | 4200 | 56 |
*Lot Size refers to Units per Lot. This is defined by the Exchange and is currently as follows:
BANKNIFTY=25; NIFTY=50; FINNIFTY=40; MIDCPNIFTY=75
Refer: NSE Circular
Sub-division of equity shares of Bodhi Tree Multimedia 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 Bodhi Tree Multimedia Ltd. (Scrip Code: 543767) 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 |
Bodhi Tree Multimedia Ltd. | BTML | 1:10 | 05-Apr | 05-Apr |
Refer: BSE Circular | NSE Circular
Revision in Market Lot of Derivative Contracts on Indices
As per a recent NSE Circular, the Revision in Market Lot of Derivative Contracts on Indices has been revised w.e.f 26-Apr-24.
The market lots of contracts on the following Indices shall be revised as follows:
Sr. No | Underlying Index | Symbol | Present Market Lot | Revised Market lot |
1 | NIFTY 50 | NIFTY | 50 | 25 |
2 | NIFTY FINANCIAL SERVICES | FINNIFTY | 40 | 25 |
3 | NIFTY MIDCAP SELECT | MIDCPNIFTY | 75 | 50 |
However, please note that the market lots of derivative’s contracts on the following index is unchanged:
Sr. No | Underlying Index | Symbol | Present Market Lot |
1 | NIFTY BANK | BANKNIFTY | 15 |
Note: For the purpose of the computation of contract value, the average closing price of the underlying index has been taken for one-month period of March 2024.
Refer: NSE Circular