Announcements

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, Kansai Nerolac Paints Ltd. (Scrip Code: 500165) is issuing 1 bonus share for every 2 existing shares. The key dates for the Bonus Issue are as follows:

Refer: BSE circular

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 June 2023:

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). 

Here's a list of existing SCSBs.

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

Per a recent circular, the following security (Scrip Code: 507442) has been suspended from trading w.e.f. July 03, 2023.

Refer: BSE Circular | NSE Circular

As per a recent circular, the name of Gyscoal Alloys Ltd. (Scrip code: 533275) will be changed as follows w.e.f 03-Jul-23.

Refer: BSE Circular | NSE Circular

Senco Gold is the largest organized jewelry retail player in the Eastern region of India based on number of stores. Their products are sold under the “Senco Gold & Diamonds” trade name, through multiple channels, including their 70 Company Operated Showrooms and 57 Franchisee Showrooms and various online platforms. 

The below table has important dates with respect to the IPO allotment and listing.

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.

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

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

Refer: NSE 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 shares held by the shareholder.

As per the recent BSE circular, Ddev Plastiks Industries Ltd. (Scrip Code: 543547) is issuing 1 bonus share for every 10 existing shares. The key dates for the Bonus Issue are as follows:

Refer: BSE circular

As per the recent NSE Circular, the earlier circular regarding ‘Revision in BANKNIFTY Expiry’ dated 06-Jun-23 has been withdrawn with immediate effect.

With regards to the above, BANKNIFTY's expiry day will be ‘Thursday’ for all the F&O contracts going forward. 

For more information, please refer to the NSE Circular.

Due to a change in the expiry date, contract specifications have changed. Thus, the orders with the old expiry (29-Jun-23) are being rejected. 

Please delete those particular scrips from the watchlist and add them again with the correct expiry date of 28-Jun-23 to resolve the issue and enjoy uninterrupted trading.

PKH Ventures is in the business of Construction & Development, Hospitality and Management Services. They execute Civil Construction works for Third Party Developer projects and have been awarded with 2 Government Projects viz., the Hydro Power Project and the Nagpur Project and 3 Government Hotel Development Projects.

Read more about PKH Ventures IPO

The below table has important dates with respect to the IPO allotment and listing.

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.