Open Market Buyback - December 2022

Buyback is a corporate action in which a company buys back its shares from the existing shareholders for several reasons. There are different methods…

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 December 2022:

CompanyStart dateEnd date
Infosys Limited07-12-202206-06-2023

W.e.f 08-Dec: New Identity for Superb Papers Ltd.

As per a recent circular, the name and symbol of Superb Papers Ltd. (Scrip code: 532070) will be changed as follows w.e.f 08-Dec-22. Existing Sy…

As per a recent circular, the name and symbol of Superb Papers Ltd. (Scrip code: 532070) will be changed as follows w.e.f 08-Dec-22.

Existing Symbol New Symbol Existing Name the of CompanyNew Name of the  Company
SUPRBPASUMUKAAGSuperb Papers Ltd.Sumuka Agro Industries Ltd.

Refer: BSE Circular

Buybacks, Takeovers and Delisting - December 2022

Here's the list of the latest Buybacks, Takeovers and Delisting. The Offer Period and Price are mentioned along with them. To participate in any of t…

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

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  • Scrip NameBSE/NSE CircularSub TypeStart DateEnd DateFloor Price
    OMEGAINBSE CircularTakeover14-12-2227-12-22Rs. 20
    ARISINTBSE CircularTakeover06-12-2219-12-22Rs. 10
    GARFIBRESBSE CircularBuyback05-12-2216-12-22Rs. 3750
    HCKKVENTURE BSE CircularTakeover02-12-2215-12-22Rs. 16.08

    Sub-division of equity shares of MEFCOM Capital Markets 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 i…

    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 MEFCOM Capital Markets Ltd. (Scrip Code: 531176) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    MEFCOM Capital Markets Ltd.MEFCOMCAP1:502-Dec02-Dec

    Refer: BSE circular

    Sub-division of equity shares of Likhitha Infrastructure 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 i…

    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 Likhitha Infrastructure Ltd. (Scrip Code: 543240) will be sub-divided into 2 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Likhitha Infrastructure Ltd.LIKHITHA1:202-Dec02-Dec

    Refer: BSE circular

    W.e.f 05-Dec: New Identity for Larsen & Toubro Infotech Ltd.

    As per a recent circular, the name and symbol of Larsen & Toubro Infotech Ltd. (Scrip code: 540005) will be changed as follows w.e.f 05-Dec-22.&#…

    As per a recent circular, the name and symbol of Larsen & Toubro Infotech Ltd. (Scrip code: 540005) will be changed as follows w.e.f 05-Dec-22.

    Existing Symbol New Symbol Existing Name the of CompanyNew Name of the  Company
    LTILTIMLarsen & Toubro Infotech Ltd.LTIMindtree Ltd.

    Refer: BSE Circular

    Suspension of trading in securities of 9 Companies

    Trading in securities of the undermentioned companies will be suspended w.e.f December 12, 2022 on account of non-compliance with SEBI Regulations.&#…

    Trading in securities of the undermentioned companies will be suspended w.e.f December 12, 2022 on account of non-compliance with SEBI Regulations.

    Name of Company Scrip Code
    Alps Motor Finance Ltd 538423
    Atlas Jewellery India Ltd514394
    Genera Agri Corp Ltd541999
    India Infraspace Ltd531343
    PTC India Financial Services Ltd.533344
    PTC India Ltd.532524
    Sharp India Ltd.523449
    Sri Vajra Granites Ltd515081
    TIL Ltd.505196

    Refer: BSE Circular

    [01- Dec-22] Quantity Freeze Limits for Indices

    As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 01-Dec-22. Below are the Quantity Freeze Li…

    As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 01-Dec-22.

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

    No.IndicesQuantity Freeze Limit(Maximum units you can buy or sell per order)Maximum lots per Order(Quantity Freeze Limit/Lot Size*)
    1.BANKNIFTY90036
    2.NIFTY180036
    3.FINNIFTY180045
    4.MIDCPNIFTY550073

    *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 Rajnandini Metal 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 i…

    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 Rajnandini Metal Ltd. will be subdivided into 10 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Rajnandini Metal Ltd.RAJMET1:1030-Nov30-Nov

    Refer: NSE circular

    Sub-division of equity shares of Chandra Prabhu International 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 i…

    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 Chandra Prabhu International Ltd. (Scrip Code: 530309) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Chandra Prabhu International Ltd.CHANDRAP1:530-Nov30-Nov

    Refer: BSE circular