Rights Issue - May 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.

CompanyEx-dateRecord DateRI PriceRE Trading PeriodLast date to apply for Rights SharesWhere to apply for rights sharesCircular
Clara Industries Limited11-May11-May?16723-May to 29-May07-Jun (Extended)ASBABSE Circular
Godha Cabcon & Insulation Limited12-May12-May?125-May to 02-Jun08-JunASBANSE Circular
Enbee Trade & Finance Limited10-May10-May?1518-May to 26-May16-Jun (Extended)ASBABSE Circular
Samor Reality Limited02-May02-May?1015-May to 29-May02-JunASBABSE Circular
Sharanam Infraproject and Trading Limited22-May22-May?131-May to 15-Jun20-Jun (Extended)ASBABSE Circular
KCD Industries India Limited19-May19-May?18 (On App ?4.50)31-May to 09-Jun14-JunASBABSE Circular
Praxis Home Retail Limited30-May30-May?1006-Jun to 09-Jun14-JunASBABSE/NSE Circular
Bhakti Gems & Jewellery Limited31-May31-May?1209-Jun to 15-Jun20-JunASBABSE Circular
Shree Rama Multi-tech Limited30-May30-May?912-Jun to 21-Jun26-JunASBABSE/NSE 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.

    Members are hereby advised to note the following revision which shall beimplemented for trading in BANKNIFTY contracts. Below are the changes in the …

    Members are hereby advised to note the following revision which shall be
    implemented for trading in BANKNIFTY contracts. Below are the changes in the expiry day of derivatives contract on BANKNIFTY:

    Expiry DayCurrent Expiry DayRevised Expiry Day
    Weekly ContractsThursday of every week excluding the expiry week of monthly contracts.1. All existing weekly contracts shall expire on Friday of every week.
    2. If Friday is a trading holiday , then the expiry day is the previous trading day.
    Monthly & Quarterly ContractsLast Thursday of the expiry month1. All monthly contracts shall expire on the last Friday of the respective contract month.
    2. If Friday is a trading holiday, then the expiry day is the previous trading day.

    Important Instructions

  • Change of BANKNIFTY Futures and Options expiry day from existing THURSDAY to FRIDAY.
  • The above shall be effective from trade date July 7, 2023 Friday and accordingly, all existing
    contracts with Thursday expiry will be revised to Friday on July 6, 2023 EOD.
  • The first FRIDAY expiry will be on July 14, 2023.
  • For other important instructions, please refer to the NSE Circular.

    As per a recent circular, the name of Kalpataru Power Transmission Ltd. (Scrip code: 522287) will be changed as follows w.e.f 06-Jun-23. Existin…

    As per a recent circular, the name of Kalpataru Power Transmission Ltd. (Scrip code: 522287) will be changed as follows w.e.f 06-Jun-23.

    Existing SymbolNew Symbol Existing Name of the CompanyNew Name of the  Company
    KALPATPOWRKPILKalpataru Power Transmission Ltd.Kalpataru Projects International Ltd.

    Refer: 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 to its ex…

    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 to its existing shareholders.

    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 a recent BSE circular, 

  • 1 equity share of Hardwyn India Ltd. (Scrip Code: 541276) of Face Value of Rs. 10 will be sub-divided into 10 equity shares of Face value of Re. 1 each.
  • A bonus of 1 equity share will be issued for every 3 equity shares held. 
  • The key dates for the same are as follows:

    Company NameSymbolRecord DateEx-bonus Basis From Date
    Hardwyn India Ltd.HARDWYN    05-Jun05-Jun

    Refer: BSE circular | NSE Circular

    As per a recent circular, the following security (Scrip Code: 530047) has been suspended from trading w.e.f. May 31, 2023. Name of the CompanySy…

    As per a recent circular, the following security (Scrip Code: 530047) has been suspended from trading w.e.f. May 31, 2023.

    Name of the CompanySymbolReason for Suspension
    Mohota Industries LtdMOHOTAINDProcedural reasons

    Refer: BSE Circular| NSE Circular

    IPO Alert: IKIO Lighting Ltd.

    IKIO is an Indian manufacturer of light emitting diode lighting solutions. They are focused on sustainability and providing low energy LED products t…

    IKIO is an Indian manufacturer of light emitting diode lighting solutions. They are focused on sustainability and providing low energy LED products to help India meet its sustainability goals. IKIO has a fully integrated manufacturing infrastructure, capable of producing ingenious LED lighting products.  

    Read more about IKIO Lighting Ltd. IPO

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

    Finalization of Basis of Allotment13-Jun-23
    Initiation of Refunds14-Jun-23
    Credit of Shares to Demat Acct15-Jun-23
    IPO Shares Listing Date16-Jun-23
    UPI mandate expiry date08-Jun-23

    How to Check Allotment Status

    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.

    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-bro…

    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-broker, call us on 18001020.
  • Scrip NameCategoryTime WindowFloor PriceClearing Price
    COALINDIA Non-Retail01-Jun, 9:30am - 3:15pmRs. 225NA
    COALINDIA Retail02-Jun, 9:30am - 3:15pmNARs. 226
    As per a recent circular, the name of Supremex Shine Steels Ltd. (Scrip code: 534733) will be changed as follows w.e.f 02-Jun-23. Existing Symbo…

    As per a recent circular, the name of Supremex Shine Steels Ltd. (Scrip code: 534733) will be changed as follows w.e.f 02-Jun-23.

    Existing SymbolNew Symbol Existing Name of the CompanyNew Name of the  Company
    SUPREMEXAERPACESupremex Shine Steels Ltd.Aerpace Industries Ltd.

    Refer: BSE Circular

    As per a recent circular, the name of Akashdeep Metal Industries Ltd. (Scrip code: 538778) will be changed as follows w.e.f 02-Jun-23. Existing …

    As per a recent circular, the name of Akashdeep Metal Industries Ltd. (Scrip code: 538778) will be changed as follows w.e.f 02-Jun-23.

    Existing SymbolNew Symbol Existing Name of the CompanyNew Name of the  Company
    AKASHDEEPKALYANCAPAkashdeep Metal Industries Ltd.Kalyan Capitals Ltd.

    Refer: BSE Circular

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

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

    Refer: NSE Circular