Sub-division of equity shares of Filatex India Ltd.

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 Filatex India Ltd. (Scrip Code: 526227) will be sub-divided into 2 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Filatex India Ltd.FILATEX1:228-Dec27-Dec

Refer: BSE circular

Bonus Issue of ZIM Laboratories Ltd.

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 sh…

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, ZIM Laboratories Ltd. (Scrip Code: 541400) is issuing 2 bonus shares for every 1 existing share. The key dates for the Bonus Issue are as follows:

Company NameSymbolRecord dateEx-Bonus basis from Date 
ZIM Laboratories Ltd.ZIMLAB22-Dec22-Dec

Refer: BSE circular

Bonus Issue of Precision Wires India Ltd.

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 sh…

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, Precision Wires India Ltd. (Scrip Code: 523539) 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 
Precision Wires India Ltd.PRECWIRE22-Dec22-Dec

Refer: BSE circular

Bonus Issue of Sheela Foam Ltd.

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 sh…

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, Sheela Foam Ltd. (Scrip Code: 540203) 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 
Sheela Foam Ltd.SFL22-Dec21-Dec

Refer: BSE circular

Important dates: Radiant Cash Management Services Ltd. IPO

Radiant is an integrated cash logistics player with leadingpresence in the retail cash management segment of the cashmanagement services industry in …

Radiant is an integrated cash logistics player with leading
presence in the retail cash management segment of the cash
management services industry in India and is one of the largest players in
the RCM segment in terms of network locations or touch points served.

Read more about Radiant Cash Management Services IPO

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

Finalization of Basis of Allotment30-Dec-22
Initiation of Refunds02-Jan-22
Credit of Shares to Demat Acct03-Jan-22
IPO Shares Listing Date04-Jan-22
UPI mandate expiry date05-Jan-22

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.

T+1 Settlement: December Update

As you all know, from Feb-22, NSE & BSE introduced the T+1 settlement cycle in the Cash Segment in a phased manner as per the SEBI guidelines.&nb…

As you all know, from Feb-22, NSE & BSE introduced the T+1 settlement cycle in the Cash Segment in a phased manner as per the SEBI guidelines. 

W.e.f 30-Dec-22:

  • 499 more securities of NSE will be added into T+1 settlement
  • 502 more securities of BSE will be added into T+1 settlement
  • Important points for stocks under T+1 settlement in Cash segment:

  • The stocks traded will be settled on T+1 day. 
  • The MTF (Margin Trading Facility) Pledge Request must be authorized by 9:00 PM on T day for MTF funding.
  • Auction settlement (if any) will happen on T+2 day.
  • Refer: NSE Circular | BSE Circular | Overview of T+1 settlement

    Buybacks, Takeovers and Delisting - December 2022

    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 [email protected] or
  • Call us on 080-47480048
  • Scrip NameBSE/NSE CircularSub TypeStart DateEnd DateFloor Price
    AUTOAXLES BSE CircularTakeover22-12-2204-01-22Rs. 1601.29
    TANLABSE CircularBuyback20-12-2202-01-22Rs. 1200
    ORBTEXPBSE CircularBuyback15-12-2228-12-22Rs. 245
    OMEGAINBSE CircularTakeover14-12-2227-12-22Rs. 20
    ARISINTBSE CircularTakeover06-12-2219-12-22Rs. 10
    GARFIBRESBSE CircularBuyback05-12-2216-12-22Rs. 3750
    HCKKVENTURE BSE CircularTakeover02-12-2215-12-22Rs. 16.08

    Offer for Sale (OFS) - Sterling & Wilson Renewable Energy 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-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 080-47480048.
  • Scrip NameCategoryTime WindowFloor PriceClearing Price
    SWSOLARNon-Retail20-Dec, 9:30am - 3:30pmRs. 270NA
    SWSOLARRetail21-Dec, 9:30am - 3:30pmNARs. 270

    W.e.f 21-Dec: New Identity for KLK Electrical Ltd.

    As per a recent circular, the name and symbol of Edvenswa Enterprises Ltd. (Scrip code: 517170) will be changed as follows w.e.f 21-Dec-22. Exis…

    As per a recent circular, the name and symbol of Edvenswa Enterprises Ltd. (Scrip code: 517170) will be changed as follows w.e.f 21-Dec-22.

    Existing Symbol New Symbol Existing Name the of CompanyNew Name of the  Company
    KLKELECEDVENSWAKLK Electrical Ltd.Edvenswa Enterprises Ltd.

    Refer: BSE Circular

    Bonus Issue of Sarthak Industries Ltd.

    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 sh…

    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, Sarthak Industries Ltd. (Scrip Code: 531930) is issuing 1 bonus share for every 3 existing shares. The key dates for the Bonus Issue are as follows:

    Company NameSymbolRecord dateEx-Bonus basis from Date 
    Sarthak Industries Ltd.SARTHAKIND20-Dec20-Dec

    Refer: BSE circular