Rights Issue - August 2024

[Aug-24] 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 rig…

[Aug-24] 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 August 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

Sharat Industries Limited

12-Jul

12-Jul

₹31 (On App ₹7.75 PP Share)

24-Jul to 01-Aug

07-Aug

ASBA

BSE Circular

Inventure Growth & Securities Limited

05-Jul

05-Jul

₹2.33

15-Jul to 07-Aug

13-Aug

ASBA

NSE Circular

GACM Technologies Limited

16-Jul

16-Jul

₹1

31-Jul to 08-Aug

14-Aug

ASBA

BSE/NSE Circular

GACM Technologies Limited (DVR)

16-Jul

16-Jul

₹1

31-Jul to 08-Aug

14-Aug

ASBA

BSE/NSE Circular

Tata Consumer Products Limited

27-Jul

27-Jul

₹818

05-Aug to 12-Aug

19-Aug

ASBA

BSE/NSE Circular

Shrydus Industries Limited

19-Jul

19-Jul

₹18

05-Aug to 14-Aug

19-Aug

ASBA

BSE Circular

Nirman Agri Genetics Limited

29-Jul

29-Jul

₹239

05-Aug to 19-Aug

23-Aug

ASBA

NSE Circular

Orient Tradelink Limited

03-May

03-May

₹10

   

ASBA

BSE Circular

A B Infrabuild Limited

17-May

17-May

₹18

   

ASBA

NSE Circular

Jaykay Enterprises Limited

19-Jul

19-Jul

₹25

   

ASBA

BSE Circular

Swiss Military Consumer Goods Limited

09-Aug

09-Aug

₹12.50

   

ASBA

BSE Circular

Luharuka Media & Infra Limited

02-Aug

02-Aug

₹3

   

ASBA

BSE Circular

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). 

  • For the online ASBA process, visit the website of an SCSB (Self-certified Syndicate Bank) and apply.
  • For the offline ASBA process, submit a physical application to participate in the Rights Issue at a designated SCSB. 

Here's alist of existing SCSBs.

For more details on Rights Issue/Rights Entitlement, please refer toBSE FAQs.

As per a recent NSE Circular, the Quantity Freeze Limit and market lots for different indices have been revised w.e.f 01-Aug-24. Below are the Quant…

As per a recent NSE Circular, the Quantity Freeze Limit and market lots for different indices have been revised w.e.f 01-Aug-24.

Below are the Quantity Freeze Limits and 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

60

2.

NIFTY

1800

72

3.

FINNIFTY

1800

72 (For Monthly Contracts and Weekly Contracts Starting 06-Aug-24)

4.

MIDCPNIFTY

2800

56 (For Monthly Contracts and Weekly Contracts Starting 05-Aug-24)

5.

NIFTYNXT50

600

60

*Lot Size refers to Units per Lot. This is defined by the Exchange and is currently as follows:

BANKNIFTY= 15; NIFTY=25; FINNIFTY=25 (Monthly Contracts) and 40 (Weekly Contracts); MIDCPNIFTY=50 (Monthly Contracts) and 75 (Weekly Contracts); NIFTYNXT50=10

Note:

  1. The lot size of FINNIFTY has changed from 40 to 25, starting with July monthly contracts and 06-Aug for weekly contracts.
  2. The lot size of MIDCAPNIFTY has changed from 75 to 50, starting with July monthly contracts and 05-Aug for weekly contracts.

Refer: NSE Circular 

A bonus Issue is a corporate action in which a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares …

A bonus Issue is a corporate action in which 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, EIH Associated Hotels Ltd. (Scrip Code:523127) 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 

EIH Associated Hotels Ltd.

EIHAHOTELS

13-Aug

13-Aug

Refer: BSE Circular

As per recent circulars of NSE, the following security will be delisted w.e.f. 12-Aug-24.  Name of the Company Symbol Reaso…

As per recent circulars of NSE, the following security will be delisted w.e.f. 12-Aug-24. 



Name of the Company

Symbol

Reason for Suspension

SBI Home Finance Limited

SBIHOMEFIN

Voluntary Delisting



Refer: NSE Circular

A bonus Issue is a corporate action in which a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares …

A bonus Issue is a corporate action in which 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, Sakuma Exports Limited (Scrip Code: 532713) is issuing 4 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 

Sakuma Exports Limited

SAKUMA 

10-Aug

09-Aug

Refer: BSE Circular

Bonus Issue of GRP Limited

A bonus Issue is a corporate action in which a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares …

A bonus Issue is a corporate action in which 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, GRP Ltd. (Scrip Code: 509152) 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 

GRP Limited

GRPLTD

12-Aug

12-Aug

Refer: BSE Circular

Please note that due to surveillance measures, the scrip Jaiprakash Associates Ltd. (JPASSOCIAT) will not be available for trading w.e.f 08-Aug-2024.…

Please note that due to surveillance measures, the scrip Jaiprakash Associates Ltd. (JPASSOCIAT) will not be available for trading w.e.f 08-Aug-2024. The shares of Jaiprakash Associates Ltd. have been suspended and moved to Insolvency & Bankruptcy Code (IBC) stage 1. Please take note and trade accordingly. 

Refer: BSE Circular

Offer for Sale of below company is open in BSE/NSE. To place your OFS request: Contact your sub-broker In case you don't have a sub-broker, call …

Offer for Sale of below company is open in BSE/NSE. To place your OFS request:

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

Scrip Name

Category

Time Window

Floor Price

Clearing Price

SICALLOG

Non-Retail

02-Aug, 10:00 am - 03:30 pm

Rs. 106

NA

Offer for Sale of below company is open in BSE/NSE. To place your OFS request: Contact your sub-broker In case you don't have a sub-broker, call …

Offer for Sale of below company is open in BSE/NSE. To place your OFS request:

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

Scrip Name

Category

Time Window

Floor Price

Clearing Price

GLS

Non-Retail

11-Jul, 10:00 am - 03:30 pm

Rs. 810

NA



As per a recent NSE Circular, the Quantity Freeze Limit and market lots for different indices has been revised w.e.f 05-Jul-24. Below are the Quanti…

As per a recent NSE Circular, the Quantity Freeze Limit and market lots for different indices has been revised w.e.f 05-Jul-24.

Below are the Quantity Freeze Limits and Maximum Lots per Order applicable for the mentioned indices:

Note:

  1. The lot size of FINNIFTY is changing from 40 to 25 starting from July for monthly contracts and 06-Aug for weekly contracts.
  2. The lot size of MIDCAPNIFTY will change from 75 to 50 starting in July for monthly contracts and 05-Aug for weekly contracts.

Refer: NSE Circular 1 | NSE Circular 2