[Feb-25] Stay ahead of the curve with our monthly Corporate Actions roundup!
Corporate actions have an impact on your portfolio and thus, staying informed is key. To help you stay up-to-date, we’ve compiled a list of all the corporate actions happening this month. Whether you are tracking a subdivision that could adjust your shareholdings, a buyback that will boost your stock, or your share of profits in the form of dividends, we’ve got you covered.
Various types of corporate actions we have covered here are sub-divisions, dividends, bonus issues, buybacks, takeovers, delistings, and name changes. So, dive in, explore the details, and stay ahead in your investment journey.
Bonus Issue
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.
| Company Name | Symbol/Scrip Code | Record Date | Ex-Bonus Basis from Date | Bonus Issue | Circular |
| Thinkink Picturez Ltd | 539310 | 05-Feb | 05-Feb | 2:1 | BSE Circular |
| Redtape Limited | 543957 | 04-Feb | 04-Feb | 3:1 | BSE Circular |
| Sangam Finserv Limited | 538714 | 07-Feb | 07-Feb | 4:1 | BSE Circular |
| EFC (I) Limited | 512008 | 11-Feb | 11-Feb | 1:1 | BSE Circular |
| Transformers and Rectifiers (India) Ltd. | 532928 | 14-Feb | 14-Feb | 1:1 | BSE Circular |
| Kothari Products Ltd. | 530299 | 18-Feb | 18-Feb | 1:1 | BSE Circular |
| Gujarat Toolroom Ltd. | 513337 | 18-Feb | 18-Feb | 5:1 | BSE Circular |
| Jindal Worldwide Ltd. | 531543 | 28-Feb | 28-Feb | 4:1 | BSE Circular |
Subdivision/Stock Split
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.
| Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date | Circular |
| Ksolves India Limited | KSOLVES | 1:2 | 06-Feb | 06-Feb | NSE Circular | BSE Circular |
| Agi Infra Limited | AGIIL | 1:2 | 07-Feb | 07-Feb | NSE Circular | BSE Circular |
| Rama Phosphates Limited | RAMAPHO | 1:2 | 07-Feb | 07-Feb | NSE Circular |
| Conart Engineers Ltd. | 522231 | 1:2 | 19-Feb | 18-Feb | BSE Circular |
| T T Ltd. | 514142 | 1:10 | 12-Feb | 12-Feb | BSE Circular | NSE Circular |
| Minolta Finance Ltd. | 532164 | 1:10 | 06-Feb | 06-Feb | BSE Circular |
| Pritika Engineering Components Limited | PRITIKA | 1:2 | 14-Feb | 14-Feb | NSE Circular |
| Ascensive Educare Ltd | 543443 | 1:10 | 14-Feb | 14-Feb | BSE Circular |
| RDB Realty & Infrastructure Ltd. | 533285 | 1:10 | 28-Feb | 28-Feb | BSE Circular |
| Capital India Finance Ltd | 530879 | 1:5 | 17-Feb | 17-Feb | BSE Circular |
| Oasis Securities Ltd. | 512489 | 1:10 | 28-Feb | 28-Feb | BSE Circular |
Suspension of Trading in Shares
| Name of the Company | Symbol | Effective Date | Reason for Suspension |
| Parenteral Drugs (India) Limited | 524689 | - | Regulatory Reason |
| Aroma Enterprises (India) Ltd | 531560 | 25-Feb | Non-compliance |
| Bheema Cements Ltd | 518017 | 25-Feb | Non-compliance |
| Vax Housing Finance Corporation Ltd | 531650 | 25-Feb | Non-compliance |
| BWL Ltd | 504643 | 25-Feb | Non-compliance |
| Channel Nine Entertainment Ltd | 535142 | 25-Feb | Non-compliance |
| Eco Friendly Food Processing Park Ltd | 534839 | 25-Feb | Non-compliance |
| HPC Biosciences Ltd | 535217 | 25-Feb | Non-compliance |
| BLS Infotech Ltd | 531175 | 25-Feb | Non-compliance |
| MVL Limited | MVL | 28-Feb | Delisting |
Dividend
A dividend is an amount the company pays to its shareholders out of its profits. This regular profit-sharing payment in the form of dividends is a corporate action initiated by the company regularly.
| Company Name | Symbol | Dividend Amount | Record Date | Effective Date | Circular |
| GAIL (India) Limited | GAIL | ₹6.50 | 07-Feb | 07-Feb | NSE Circular 1 | NSE Circular 2 | BSE Circular |
| Hero Motocorp Limited | HEROMOTOCO | ₹100 | 12-Feb | 12-Feb | NSE Circular | BSE Circular |
Name Change
| Existing Symbol | New Symbol | Record Date | Existing Name of the Company | New Name of the Company | Circular |
| TCLCONS | TICL | 07-Feb | Tantia Constructions Limited | Twamev Construction and Infrastructure Limited | NSE Circular | BSE Circular |
| 540097 | 540097 | 07-Feb | Visco Trade Associates Ltd | GAMCO LIMITED | BSE Circular |
| MFSL | - | 28-Feb | Max Life Insurance Company Limited | Axis Max Life Insurance Limited | NSE Circular |
Buyback
Buyback of shares is the process wherein a corporation rebuys its own shares from its shareholders. This way, the company that had earlier issued shares pays some of its shareholders and absorbs that part of ownership that several investors had before.
| Name of Company | Symbol | Offer Price Per Share | Circular |
|---|---|---|---|
| Nava Limited | 513023 | - | BSE Circular |
