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, Bhansali Engineering Polymers Ltd. (Scrip Code: 500052) is issuing 1 bonus share for every 2 existing shares. The key dates for the Bonus Issue are as follows:

Company NameSymbolRecord dateEx-Bonus basis from Date 
Bhansali Engineering Polymers Ltd.BEPL05-Jul05-Jul

Refer: BSE circular

Per a recent circular, the following security (Scrip Code: 500010) will be suspended from trading w.e.f. July 13, 2023. Name of the CompanySymbo…

Per a recent circular, the following security (Scrip Code: 500010) will be suspended from trading w.e.f. July 13, 2023.

Name of the CompanySymbolReason for Suspension
Housing Development Finance Corporation Ltd.HDFCScheme of Amalgamation

Refer: BSE Circular | NSE Circular

As per circulars from BSE and NSE, HDFC Bank Ltd. has announced an allotment of equity shares to the shareholders of Housing Development Finance Corp…

As per circulars from BSE and NSE, HDFC Bank Ltd. has announced an allotment of equity shares to the shareholders of Housing Development Finance Corporation Ltd. w.e.f 13-Jul-23. 42 equity shares with a face value of Re 1/- each of HDFC Bank Ltd. to be issued as fully paid up equity shares for every 25 fully paid up equity shares with a face value of Rs 2/- each held by shareholders of Housing Development Finance Corporation Ltd.

In view of the above, the existing F&O contracts of expiry months July 2023, August 2023, and September 2023 will expire on 12-Jul-23. 

It is hereby notified that the following security will be suspended from trading w.e.f 13-Jul-23.

Name of CompanySymbolSeriesReason for Suspension
Housing Development Finance Corporation Ltd.HDFCEQScheme of Amalgamation

Refer: BSE Circular | NSE Circular

As per a recent circular, the name of Suryakripa Finance Ltd. (Scrip code: 511185) will be changed as follows w.e.f 04-Jul-23. Existing SymbolNe…

As per a recent circular, the name of Suryakripa Finance Ltd. (Scrip code: 511185) will be changed as follows w.e.f 04-Jul-23.

Existing SymbolNew Symbol Existing Name of the CompanyNew Name of the  Company
SFLRAJVISuryakripa Finance Ltd.Rajvi Logitrade 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.

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:

Company NameSymbolRecord dateEx-Bonus basis from Date 
Kansai Nerolac Paints Ltd.KANSAINER04-Jul04-Jul

Refer: BSE circular

Rights Issue - June 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 June 2023:

CompanyEx-dateRecord DateRI PriceRE Trading PeriodLast date to apply for Rights SharesWhere to apply for rights sharesCircular
North Eastern Carrying Corporation Limited02-Jun02-Jun?18 (On App ?9) PP14-Jun to 29-Jun04-Jul (Extended)ASBABSE/NSE Circular
Debock Industries Limited01-Jun01-Jun?1513-Jun to 21-Jun27-JunASBANSE Circular
Udaipur Cement Works Limited14-Jun14-Jun?1821-Jun to 30-Jun05-JulASBABSE/NSE Circular
Cressanda Solutions Limited16-Jun16-Jun?2027-Jun to 05-Jul11-JulASBABSE Circular
Alan Scott Industries Limited16-Jun16-Jun?30 (On App ?10) PP30-Jun to 07-Jul13-JulASBABSE Circular
Vintage Coffee & Beverages Limited19-Jun19-Jun?1203-Jul to 05-Jul10-JulASBABSE Circular
Bandaram Pharma Packtech Limited30-Jun30-Jun?1012-Jul to 17-Jul20-JulASBABSE Circular

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.

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

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

    Name of the CompanySymbolReason for Suspension
    Dharani Sugars & Chemicals Ltd.DHARSUGARBankruptcy & Insolvency

    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. Existing SymbolNew Sy…

    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.

    Existing SymbolNew Symbol Existing Name of the CompanyNew Name of the  Company
    GALSHAHGyscoal Alloys Ltd.Shah Metacorp Ltd.

    Refer: BSE Circular | NSE Circular

    IPO Alert: Senco Gold Ltd.

    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 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.

    Finalization of Basis of Allotment11-Jul-23
    Initiation of Refunds12-Jul-23
    Credit of Shares to Demat Acct13-Jul-23
    IPO Shares Listing Date14-Jul-23
    UPI mandate expiry date15-Jul-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.

    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 &…

    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