[Mar-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 |
| Anand Rathi Wealth Ltd | 543415 | 05-Mar | 05-Mar | 1:1 | BSE Circular |
| Padam Cotton Yards Ltd | 531395 | 18-Mar | 18-Mar | 2:3 | BSE Circular |
| Vantage Knowledge Academy Ltd | 539761 | 05-Mar | 05-Mar | 2:1 | BSE Circular |
| Pradhin Ltd | 530095 | 07-Mar | 07-Mar | 1:10 | BSE Circular |
| Greenlam Industries Ltd | 538979 | 21-Mar | 21-Mar | 1:1 | BSE Circular |
| Roni Households Ltd | 542145 | 21-Mar | 21-Mar | 1:1 | BSE Circular |
| Gamco Limited | 540097 | 21-Mar | 21-Mar | 5:4 | BSE Circular |
| Enbee Trade and Finance Limited | 512441 | 24-Mar | 24-Mar | 1:6 | BSE Circular |
| Dhanalaxmi Roto Spinners Ltd. | 521216 | 26-Mar | 26-Mar | 1:1 | 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 |
| Coastal Corporation Limited | COASTCORP | 1:5 | 04-Mar | 04-Mar | NSE Circular |
| IOL Chemicals and Pharmaceuticals Limited | IOLCP | 1:5 | 11-Mar | 11-Mar | NSE Circular |
| Pradhin Ltd | 530095 | 1:10 | 07-Mar | 07-Mar | BSE Circular |
| Shalimar Agencies Ltd | 539895 | 1:10 | 14-Mar | 13-Mar | BSE Circular |
| Last Mile Enterprises Ltd | 526961 | 1:10 | 21-Mar | 21-Mar | BSE Circular |
| Shangar Decor Ltd | 540259 | 1:5 | 14-Mar | 13-Mar | BSE Circular |
| Optimus Finance Limited | 531254 | 1:10 | 21-Mar | 21-Mar | BSE Circular |
| Shukra Pharmaceuticals Ltd | 524632 | 1:10 | 21-Mar | 21-Mar | BSE Circular |
| Blue Pearl Agriventrues Ltd | 514440 | 1:10 | 20-Mar | 20-Mar | BSE Circular |
| Softrak Venture Investment Ltd | 531529 | 1:10 | 21-Mar | 21-Mar | BSE Circular |
Suspension of Trading in Shares
| Name of the Company | Symbol | Effective Date | Reason for Suspension |
| Dhruv Wellness Ltd | 540695 | 10-Mar | Non-compliance with SEBI Regulations |
| VKJ Infradevelopers Ltd | 536128 | 10-Mar | Non-compliance with SEBI Regulations |
| 3rd Rock Multimedia Limited | 3RDROCK | 06-Mar | Non-responsive to Show Cause Notice |
| GIR Natureview Resorts Limited | GIRRESORTS | 06-Mar | Non-responsive to Show Cause Notice |
| ICICI Securities Limited | ISEC | 24-Mar | Scheme of Arrangement |
Name Change
| Existing Symbol | New Symbol | Record Date | Existing Name of the Company | New Name of the Company | Circular |
| EMBDL | EMBDL | 05-Mar | Equinox India Developments Limited | Embassy Developments Limited | NSE Circular | BSE Circular |
| 512025 | 512025 | 05-Mar | Inertia Steel Ltd. | Banganga Paper Industries Limited | BSE Circular |
| CAREERP | CPCAP | 20-Mar | Career Point Limited | CP Capital Limited | NSE Circular | BSE Circular |
| 533285 | 533285 | 21-Mar | RDB Realty & Infrastructure Ltd | RDB Infrastructure & Power Limited | BSE Circular |
| 532669 | 532669 | 25-Mar | Southern Online Bio Technologies Ltd | Solana Biofuels Limited | BSE Circular |
Amalgamation
A form of corporate restructuring wherein two or more companies merge or unite and work together as one entity.
| Name of Company | Symbol/Scrip Code | Record Date | Consideration | Circular |
| ICICI Securities Limited | 541179 | 24-Mar | 67 Equity Shares of ICICI Bank Limited for every 100 Equity Shares of ICICI Securities Limited | BSE Circular |
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 |
| NMDC Limited | NMDC | ₹2.30 | 21-Mar | 21-Mar | NSE Circular | BSE Circular |
