Dividend payment by Coal India Ltd. 

A dividend is an amount the company pays to its shareholders out of its profits. These regular profit-sharing payment in the form of dividends is a c…

A dividend is an amount the company pays to its shareholders out of its profits. These regular profit-sharing payment in the form of dividends is a corporate action initiated by the company regularly. 

As per a recent circular, Coal India Ltd. has announced a dividend payment of Rs. 15.25. The key dates for the same are as follows:

Company NameSymbolDividend AmountRecord date
Coal India Ltd. COALINDIARs 15.2521-Nov-23

1. The changes shall be effective from the ex-date / effective date.

2. The revised options strike/futures base prices and the lot size on account of adjustment would appear in decimal places and shall be rounded off to the nearest tick size and the lot size shall be rounded off to the nearest integer.

3. The details of the revised option strike prices, futures prices, lot size and quantity freeze limit wherever applicable, will be informed to members separately via circular one day prior to the exdate / effective date.

Refer: NSE Circular 

A dividend is an amount the company pays to its shareholders out of its profits. These regular profit-sharing payment in the form of dividends is a c…

A dividend is an amount the company pays to its shareholders out of its profits. These regular profit-sharing payment in the form of dividends is a corporate action initiated by the company regularly. 

As per a recent circular, Oil and Natural Gas Corporation Ltd. has announced a dividend payment of Rs 5.75. The key dates for the same are as follows:

Company NameSymbolDividend AmountRecord date
Oil and Natural Gas Corporation Ltd. ONGCRs 5.7521-Nov-23

1. The above changes shall be effective from the ex-date / effective date 

2. The revised options strike/futures base prices and the lot size on account of adjustment would appear in decimal places and shall be rounded off to the nearest tick size and the lot size shall be rounded off to the nearest integer.

3. The details of the revised option strike prices, futures prices, lot size and quantity freeze limit wherever applicable, will be informed to members separately via circular one day prior to the ex-date / effective date.

Refer: NSE Circular 

As per a recent circular, the name and symbol of Quint Digital Media Ltd. (Scrip code: 539515) will be changed as follows w.e.f 20-Nov-23. Exist…

As per a recent circular, the name and symbol of Quint Digital Media Ltd. (Scrip code: 539515) will be changed as follows w.e.f 20-Nov-23.

Existing Symbol New Symbol Existing Name of the CompanyNew Name of the  Company
QUINTQUINT*Quint Digital Media Ltd.Quint Digital Ltd.

Refer: BSE Circular

Per a circular, Tata Steel Ltd. has announced the allotment of equity shares to Tata Steel Long Products Ltd. shareholders w.e.f 17-Nov-23. 67 equity…

Per a circular, Tata Steel Ltd. has announced the allotment of equity shares to Tata Steel Long Products Ltd. shareholders w.e.f 17-Nov-23. 67 equity shares of Tata Steel Ltd. to be issued for every 10 equity shares held by shareholders of Tata Steel Long Products Ltd.

The following security will be suspended from trading w.e.f 17-Nov-23.

Name of CompanySymbolReason for Suspension
Tata Steel Long Products Ltd.TATASTLLPScheme of Amalgamation

Refer: BSE Circular 

Rights Issue - November 2023

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 entit…

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 November 2023:

CompanyEx-dateRecord DateRI Price (Rs. per share)RE Trading PeriodLast date to apply for Rights SharesWhere to apply for rights sharesCircular
Globalspace Technologies Limited03-Nov03-NovINR 1216- Nov to 20- Nov23- NovASBABSE
Aerpace Industries Limited15- Nov15- NovINR 128- Nov to 04- Dec07- DecASBABSE

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 a list of existing SCSBs.

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

    As per a recent circular, the name and symbol of Unimode Overseas Ltd. (Scrip code: 512595) will be changed as follows w.e.f 16-Nov-23. Existing…

    As per a recent circular, the name and symbol of Unimode Overseas Ltd. (Scrip code: 512595) will be changed as follows w.e.f 16-Nov-23.

    Existing Symbol New Symbol Existing Name of the CompanyNew Name of the  Company
    UNIMOVRMANBROUnimode Overseas Ltd.Manbro Industries Ltd.

    Refer: BSE Circular

    As per a recent circular, the name and symbol of Sonam Clock Ltd. will be changed as follows w.e.f 15-Nov-23. Existing Symbol New Symbol&nb…

    As per a recent circular, the name and symbol of Sonam Clock Ltd. will be changed as follows w.e.f 15-Nov-23.

    Existing Symbol New Symbol Existing Name of the CompanyNew Name of the  Company
    SONAMCLOCKSONAMLTDSonam Clock Ltd.Sonam Ltd.

    Refer: NSE Circular

    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 Atal Realtech Ltd. (Scrip Code: 543911) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Atal Realtech Ltd.ATALREAL1:516-Nov16-Nov

    Refer: BSE Circular | NSE Circular

    Muhurat Trading Session: 12-Nov

    The time of Diwali is important for all investors and traders in the share market. Traders have participated in the customary Muhurat trading on Diwa…

    The time of Diwali is important for all investors and traders in the share market. Traders have participated in the customary Muhurat trading on Diwali for many years. A Muhurat is a particular time or moment that is auspicious, and traders try to make trades during this window for a great trading year ahead.  

    In keeping with the tradition of Diwali, the Muhurat Trading Session this year for Equity, F&O, Currency, and Commodity trading will be held on Sunday, 12-Nov-23. 

    SegmentMarket scheduleStart timeEnd time




    Equity
    Block deal session5:45 pm6:00 pm
    Pre-open*6:00 pm6:08 pm
    Normal market6:15 pm7:15 pm
    Call auction illiquid session*6:20 pm7:05 pm
    Closing session7:25 pm7:35 pm
    Trade modification cut-off time6:15 pm7:45 pm
    Derivatives (F&O, Currency, Commodity)Normal market6:15 pm7:15 pm

    * Random closure in the last one minute

    Timer-based square-off for Muhurat Trading
    ExchangeProduct typeTiming
    NSEBracket7:00 pm
    BSEBracket7:00 pm
    NSE CashIntraday7:01 pm
    BSE CashIntraday7:01 pm
    NSE F&OIntraday7:04 pm
    CDSIntraday7:04 pm
    MCXIntraday7:05 pm

    Please refer to circulars for more information on NSE (Equity & F&O), BSE, CDS, & MCX.

    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 Avance Technologies Ltd. (Scrip Code: 512149) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Avance Technologies Ltd.AVANCE1:510-Nov10-Nov

    Refer: BSE Circular