July 28, 2023
313
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 Servotech Power Systems Ltd. will be sub-divided into 2 equity shares. The key dates for the same are as follows:
| Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
| Servotech Power Systems Ltd. | SERVOTECH | 1:2 | 28-Jul | 28-Jul |
Refer: NSE circular
July 27, 2023
6.1K
Offer for Sale (OFS) - Rail Vikas Nigam Ltd.
Offer for Sale of below company is open in BSE/NSE. To Place your OFS Request:
Contact your sub-broker.
In case you don't have a sub-broke…
Offer for Sale of below company is open in BSE/NSE. To Place your OFS Request:
July 27, 2023
5.0K
Caution: Demerger of Saregama India Ltd.
As per a BSE circular, Saregama India Ltd. will demerge w.e.f. 27-Jul-23.
Due to this demerger, 1 equity share of Digidrive Distributors Ltd. w…
As per a BSE circular, Saregama India Ltd. will demerge w.e.f. 27-Jul-23.
Due to this demerger, 1 equity share of Digidrive Distributors Ltd. will be issued for every 5 equity shares held in Saregama India Ltd.
| Name of Company | Symbol | Scrip Code |
| Saregama India Ltd. | SAREGAMA | 532163 |
Refer: BSE Circular
July 27, 2023
289
W.e.f 27-Jul-23: New Identity for Escorts Finance Ltd.
As per a recent circular, the name of Escorts Finance Ltd. will be changed as follows w.e.f 27-Jul-23.
Existing SymbolNew Symbol Existing N…
As per a recent circular, the name of Escorts Finance Ltd. will be changed as follows w.e.f 27-Jul-23.
| Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
| ESCORTSFIN | INVIGO | Escorts Finance Ltd. | Invigorated Business Consulting Ltd. |
Refer: BSE Circular
July 27, 2023
402
Sub-division and bonus issue of equity shares of Maan Aluminium Ltd.
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.
A 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.
Per a recent circular, 1 equity share of Maan Aluminium Ltd. (Scrip Code: 532906) will be subdivided into 2 equity shares. A bonus of 1 equity share will also be issued for every 1 equity share held.
The key dates for the same are as follows:
| Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
| Maan Aluminium Ltd. | MAANALU | 1:2 | 27-Jul | 27-Jul |
Refer: NSE circular | BSE Circular
July 26, 2023
354
W.e.f 26-Jul-23: New Identity for Ucal Fuel Systems Ltd.
As per a recent circular, the name of Ucal Fuel Systems Ltd. will be changed as follows w.e.f 26-Jul-23.
Existing SymbolNew Symbol Existing…
As per a recent circular, the name of Ucal Fuel Systems Ltd. will be changed as follows w.e.f 26-Jul-23.
| Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
| UCALFUEL | UCAL | Ucal Fuel Systems Ltd. | Ucal Ltd. |
Refer: NSE Circular
July 26, 2023
171
Delisting of equity shares of BIRLACAP
As per a recent circular of BSE, the following security (Scrip Code: 512332) will be delisted w.e.f. 26-Jul-23
Name of the CompanySymbolReason f…
As per a recent circular of BSE, the following security (Scrip Code: 512332) will be delisted w.e.f. 26-Jul-23
| Name of the Company | Symbol | Reason for Suspension |
| Birla Capital & Financial Services Ltd. | BIRLACAP | Regulatory procedure |
Refer: BSE Circular
July 25, 2023
1.2K
IPO Alert: Yatharth Hospital & Trauma Care Services Ltd.
Yatharth Hospital and Trauma Care Services Ltd. has a total bed capacity of 1,405 beds in its 3 super specialty hospitals. in North India In addition…
Yatharth Hospital and Trauma Care Services Ltd. has a total bed capacity of 1,405 beds in its 3 super specialty hospitals. in North India In addition, their critical care program comprises 394 critical care beds. Providing quality care treatment to their patients and their services at their hospitals, they have been rated “5 Star” by Infomerics Analytics and Research Pvt. Ltd. in 2022.
The below table has important dates with respect to the IPO allotment and listing.
| Finalization of Basis of Allotment | 02-Aug-23 |
| Initiation of Refunds | 03-Aug-23 |
| Credit of Shares to Demat Acct | 04-Aug-23 |
| IPO Shares Listing Date | 07-Aug-23 |
| UPI mandate expiry date | 08-Aug-23 |
In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
July 24, 2023
489
Bonus Issue of NDR Auto Components Ltd.
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, NDR Auto Components Ltd. (Scrip Code: 543214) is issuing 1 bonus share for every 1 existing share. The key dates for the Bonus Issue are as follows:
| Company Name | Symbol | Record date | Ex-Bonus basis from Date |
| NDR Auto Components Ltd. | NDRAUTO | 24-Jul | 24-Jul |
Refer: BSE circular
July 21, 2023
570
Tantia Constructions Limited has stopped trading
Per a recent circular, the following security has been suspended from trading w.e.f. 21-Jul-23.Name of the CompanySymbolReason for SuspensionTantia C…
Per a recent circular, the following security has been suspended from trading w.e.f. 21-Jul-23.
| Name of the Company | Symbol | Reason for Suspension |
| Tantia Constructions Limited | TANTIACONS | Capital Reduction |
Refer: BSE Circular
