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 SymbolNew Symbol Existing Name of the CompanyNew Name of the  Company
ESCORTSFININVIGOEscorts Finance Ltd.Invigorated Business Consulting Ltd.

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.

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 NameSymbolSub-division RatioRecord DateEx-split Date
Maan Aluminium Ltd.MAANALU1:227-Jul27-Jul

Refer: NSE circular | BSE Circular

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 SymbolNew Symbol Existing Name of the CompanyNew Name of the  Company
UCALFUELUCALUcal Fuel Systems Ltd.Ucal Ltd.

Refer: NSE Circular 

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 CompanySymbolReason for Suspension
Birla Capital & Financial Services Ltd.BIRLACAPRegulatory procedure

Refer: BSE Circular

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 Allotment02-Aug-23
Initiation of Refunds03-Aug-23
Credit of Shares to Demat Acct04-Aug-23
IPO Shares Listing Date07-Aug-23
UPI mandate expiry date08-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.

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 NameSymbolRecord dateEx-Bonus basis from Date 
NDR Auto Components Ltd.NDRAUTO24-Jul24-Jul

Refer: BSE circular

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 CompanySymbolReason for Suspension
Tantia Constructions LimitedTANTIACONSCapital Reduction 

Refer: BSE Circular

Here's the list of the latest Buybacks, Takeovers and Delisting. The Offer Period and Price are mentioned along with them. To participate in any of t…

Here's the list of the latest Buybacks, Takeovers and Delisting. The Offer Period and Price are mentioned along with them. To participate in any of these:

  • Write to us at support@angelbroking.com or
  • Call us on 080-47480048
  • Scrip NameSub TypeStart DateEnd DateFloor Price
    JAGJANANITakeover19-07-23 01-08-23Rs. 6.50
    DYNAMICPTakeover27-06-2311-07-23Rs. 12.19
    THIRDFIN Takeover27-06-2311-07-23Rs. 17
    DMLTakeover30-06-2313-07-23Rs. 19
     JHACC Takeover03-07-2314-07-23Rs. 16
    SUDINTakeover12-07-2325-07-23Rs. 11.40
    SPICEISL Takeover17-07-2328-07-23Rs. 9
    RAHMETakeover17-07-2328-07-23Rs. 8.50
    A dividend is an amount paid by the company to its shareholders out of its profits. These regular profit-sharing payment in the form of dividends is …

    A dividend is an amount paid by the company 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, Tech Mahindra (Scrip Code: 532755) has announced payment of dividend at ₹32 for the financial year 2023-24. The key dates for the same are as follows:

    Company NameSymbolDividend AmountEx-date & Effective Date
    Tech Mahindra LimitedTECHM₹3221-Jul

    Other important points to note are mentioned below.

  • Adjustments of options contracts - The full value of the dividend shall be deducted from the strike prices generated at the end of 20-Jul-23
  • Adjustments of futures contracts - The adjusted futures price will arrive at the reference rate less the dividend amount 
  • Adjusted rates/strike prices will be available for trading w.e.f 21-Jul-23
  • For more information, please refer to the BSE Circular | NSE Circular.

    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…

    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 Square Four Projects India Limited (Scrip Code: 526532) will be subdivided into 2 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Square Four Projects India LimitedSFPIL1:220-Jul20-Jul

    Refer: BSE circular