A 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 …

A 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, Shilchar Technologies Ltd. (Scrip Code: 531201) 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 
Shilchar Technologies Ltd.SHILCTECH06-Sep06-Sep

Refer: BSE circular

A 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 …

A 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, Vivanta Industries Ltd. (Scrip Code: 541735) is issuing 1 bonus share for every 4 existing shares. The key dates for the Bonus Issue are as follows:

Company NameSymbolRecord dateEx-Bonus basis from Date 
Vivanta Industries Ltd.VIVANTA05-Sep05-Sep

Refer: BSE circular

Demerger of Sayaji Hotels Ltd.

As per a BSE circular, Sayaji Hotels Ltd. will demerge w.e.f. 05-Sep-23.  Due to this demerger, 4 equity shares of Sayaji Hotels (Indore) L…

As per a BSE circular, Sayaji Hotels Ltd. will demerge w.e.f. 05-Sep-23. 

Due to this demerger, 4 equity shares of Sayaji Hotels (Indore) Ltd. will be issued for every 23 equity shares held in Sayaji Hotels Ltd., and 4 equity shares of Sayaji Hotels (Pune) Ltd. will be issued for every 23 equity shares held in Sayaji Hotels Ltd.

Name of CompanySymbolScrip Code
Sayaji Hotels Ltd.SAYAJIHOTL523710

Refer: BSE 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 Remedium Lifecare Ltd. (Scrip Code: 539561) will be sub-divided into 2 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Remedium Lifecare Ltd.REMLIFE1:201-Sep01-Sep

Refer: BSE Circular

GALADA to stop trading

As per a recent circular, the following security (Scrip code: 504697) will be suspended from trading w.e.f. September 01, 2023. Please take appropria…

As per a recent circular, the following security (Scrip code: 504697) will be suspended from trading w.e.f. September 01, 2023. Please take appropriate action as needed.

Name of the CompanySymbolReason for Suspension
Galada Power & Communication Ltd.GALADAReduction of Capital

Refer: BSE Circular

As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 01-Sep-23.Below are the Quantity Freeze Limits a…

As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 01-Sep-23.

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

Refer: NSE Circular 

Dividend payment by NMDC 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, NMDC Ltd. has announced a payment of dividend at Rs 2.85 for the Financial year 2023-24. The key dates for the same are as follows:

Company NameSymbolDividend AmountRecord date
NMDC Ltd.NMDCRs 2.8531-Aug-23
  • 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

  • The methodology for position adjustments shall be separately intimated by the respective Clearing Corporation.
  • As per a BSE circular, TVS Holdings Ltd. will demerge w.e.f. 24-Aug-23.  Due to this demerger, 1 equity share of Sundaram Clayton DCD Ltd.…

    As per a BSE circular, TVS Holdings Ltd. will demerge w.e.f. 24-Aug-23. 

    Due to this demerger, 1 equity share of Sundaram Clayton DCD Ltd. will be issued for every 1 equity share held in TVS Holdings Ltd.

    Name of CompanySymbolScrip Code
    TVS Holdings Ltd.TVSHLTD520056

    Refer: BSE Circular 

    As per a recent circular, the name and symbol of Adani Transmission Ltd. (Scrip code: 539254) will be changed as follows w.e.f 24-Aug-23. Exist…

    As per a recent circular, the name and symbol of Adani Transmission Ltd. (Scrip code: 539254) will be changed as follows w.e.f 24-Aug-23.

    Existing Symbol New Symbol Existing Name of the CompanyNew Name of the  Company
    ADANITRANSADANIENSOLAdani Transmission Ltd.Adani Energy Solutions Ltd.

    Refer: BSE Circular | NSE Circular

    As per a recent circular, the name and symbol of S E Power Ltd. (Scrip code: 534598) will be changed as follows w.e.f 23-Aug-23. Existing Symbol…

    As per a recent circular, the name and symbol of S E Power Ltd. (Scrip code: 534598) will be changed as follows w.e.f 23-Aug-23.

    Existing Symbol New Symbol Existing Name of the CompanyNew Name of the  Company
    SEPOWERSAMPANNS E Power Ltd.Sampann Utpadan India Ltd.

    Refer: BSE Circular