Suspension of trading in securities of 6 Companies

Trading in securities of the undermentioned companies will be suspended w.e.f Jun 28, 2022 on account of non-compliance with SEBI Regulations. N…

Trading in securities of the undermentioned companies will be suspended w.e.f Jun 28, 2022 on account of non-compliance with SEBI Regulations.

Name of Company Scrip Code
Asian Hotels (West) Ltd. 533221
Globus Corporation Ltd.531904
JMT Auto Ltd.513691
Mideast Integrated Steels Ltd.540744
Nova Iron & Steel Ltd.513566
Trade Wings Ltd.509953

Refer: BSE Circular

Sub-division of equity shares of Salasar Techno Engineering 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 BSE circular, 1 equity share of Salasar Techno Engineering Ltd. (Scrip Code: 540642) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division ratioRecord dateEx-split date
Salasar Techno Engineering Ltd.SALASAR1:1028-Jun27-Jun

Refer: BSE circular

INDOSOLAR to stop trading

As per a recent circular of NSE, the following security will be suspended from trading w.e.f. June 27, 2022. Name of CompanySymbolReason for Sus…

As per a recent circular of NSE, the following security will be suspended from trading w.e.f. June 27, 2022.

Name of CompanySymbolReason for Suspension
Indosolar Ltd.INDOSOLARCapital Reduction pursuant to NCLT order

Refer: NSE Circular

Bonus issue of NAZARA

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 sh…

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, Nazara Technologies Ltd. (Scrip Code: 543280) is issuing 1 bonus share for every 1 existing share. The key dates for the Bonus Issue are as follows:

Company nameSymbolRecord dateEx-bonus basis from date
Nazara Technologies LtdNAZARA27-Jun24-Jun

Refer: BSE circular

Buybacks, Takeovers and Delisting - June 2022

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 …

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:

Scrip NameBSE/NSE CircularSub TypeStart DateEnd DateFloor Price
ZYDUSLIFENSE CircularBuyback23-06-2206-07-22Rs. 650
Reliance Jute Mills (International) Limited BSE CircularTakeover22-06-2205-07-22Rs. 7.50
ASAHISONGBSE CircularBuyback22-06-2205-07-22Rs. 400
GFIL BSE CircularTakeover30-06-2213-07-22Rs. 12.70
HEXATRADEXNSE CircularDelisting21-06-2227-06-22Rs. 153.16
MERCTRDBSE CircularTakeover23-06-2206-07-22Rs. 19
AKASHDEEPBSE CircularTakeover22-06-2205-07-22Rs. 52.50
JRELTDBSE CircularTakeover17-06-2230-06-22Rs. 8.15
EUREKAFORBEBSE CircularTakeover14-06-2227-06-22Rs. 210.15
IPOWERBSE CircularTakeover10-06-2223-06-22Rs. 10.10
JSGLEASING BSE CircularTakeover08-06-2221-06-22Rs. 22
GISOLUTION BSE CircularTakeover07-06-2220-06-22Rs. 5.15
AMRAFIN BSE Circular Takeover07-06-2220-06-22Rs. 22.20
MUDUNURUBSE CircularTakeover07-06-2220-06-22Rs. 2
INFRONICSBSE CircularTakeover07-06-2220-06-22Rs. 5
SUPRBPABSE CircularTakeover07-06-2220-06-22Rs. 31.80
RISHYRNBSE CircularTakeover06-06-2217-06-22Rs. 5.85
MIRCH BSE CircularTakeover06-06-2217-06-22Rs. 10
AKC Steel Ind Ltd.BSE CircularBuyback02-06-2215-06-22Rs. 30
ZLEENCON BSE Circular Takeover07-06-2220-06-22Rs. 10
MACINTR BSE CircularTakeover06-06-2217-06-22Rs. 10
SINCLAIRBSE CircularBuyback03-06-2216-06-22Rs. 143
EVEREADYBSE CircularTakeover03-06-2216-06-22Rs. 320
ESCORTSFINBSE Circular Takeover06-06-2217-06-22Rs. 5.08
VISCO BSE CircularTakeover06-06-2217-06-22Rs. 37.50
INDIAMARTNSE CircularBuyback02-06-2215-06-22Rs. 6250
SARDAENNSE CircularBuyback02-06-2215-06-22Rs. 1500
CHITRTXBSE CircularTakeover03-06-2216-06-22Rs. 15

Click to learn more about buybacks, takeover and delisting.

T+1 Settlement: June Update

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.&nb…

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 24-Jun- 22, 

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 must 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

Sub-division of equity shares of Navkar Urbanstructure 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 BSE circular, 1 equity share of Navkar Urbanstructure Ltd. ( Scrip Code: 531494) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division ratioRecord dateEx-split date
Navkar Urbanstructure Ltd.NAVKAR1:524-Jun23-Jun

Refer: BSE circular

Bonus Issue of AJANTPHARM

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 sh…

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, Ajanta Pharma.Ltd. (Scrip Code: 532331) is issuing 1 bonus share for every 2 existing shares. The important dates for the Bonus Issue are as follows:

Company Name (Scrip code)SymbolRecord dateEx-Bonus basis from Date
Ajanta Pharma Ltd. (532331)AJANTPHARM23-Jun22-Jun

Refer: BSE circular

Sub-division of equity shares of Ashnisha Industries 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 BSE circular, 1 equity share of Ashnisha Industries Ltd. ( Scrip Code: 541702) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Company nameSymbol Sub-division ratioRecord date
Ashnisha Industries Ltd.ASHNI 1:1023-Jun

Ashnisha Industries Ltd. comes under T+1 settlement.

Refer: BSE circular

w.e.f 20-Jun: New Identity for SHIL

The company is a leader in building products and one of the fastest growing players in the Indian consumer appliances segment. The company is focused…

The company is a leader in building products and one of the fastest growing players in the Indian consumer appliances segment. The company is focused on servicing consumers and is involved in manufacturing, branding, marketing, sales & distribution, and service of various product categories.

As per a recent circular, the name and symbol of SHIL will be changed as follows w.e.f 21-Jun-22.

Existing Symbol (Scrip Code)New SymbolExisting Name the of CompanyNew Name of the Company
SHIL (542905)HINDWAREAPSomany Home Innovation Ltd.Hindware Home Innovation Ltd.

Refer: BSE Circular