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, SRU Steels Ltd.  (Scrip Code: 540914) 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 
SRU Steels Ltd.SRUSTEELS03-May03-May

Refer: BSE circular

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
    INDOSTARNon-Retail03-May, 9:30am - 3:30pmRs. 95NA
    INDOSTARRetail04-May, 9:30am - 3:30pmNARs. 101
    As per a recent circular, the following security (Scrip Code: 507508) will be suspended from trading w.e.f. May 02, 2023. Name of the CompanySym…

    As per a recent circular, the following security (Scrip Code: 507508) will be suspended from trading w.e.f. May 02, 2023.

    Name of the CompanySymbolReason for Suspension
    Riga Sugar Company LtdRIGASUGInsolvency & Bankruptcy

    Refer: BSE Circular

    As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 02-May-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 02-May-23.

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

    Refer: 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.

    As per a recent circular, 1 equity share of Sera Investments & Finance India Ltd. (Scrip Code: 512399) will be subdivided into 5 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Sera Investments & Finance India Ltd.SERA1:528-Apr28-Apr

    Refer: BSE circular

    Rights Issue - April 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 April 2023:

    CompanyEx-dateRecord DateRI PriceRE Trading PeriodLast date to apply for Rights SharesWhere to apply for rights sharesCircular
    MKVentures Capital Limited04-Apr04-Apr?93617-Apr to 20-Apr25-AprASBABSE Circular
    PNB Housing Finance Limited05-Apr05-Apr?27513-Apr to 24-Apr27-AprASBABSE Circular
    Som Distilleries & Breweries Limited14-Apr14-Apr?14026-Apr to 08-May11-MayASBABSE Circular
    Rushil Decor Limited 13-Apr13-Apr?162Starting 02-May12-MayASBABSE Circular
    Earum Pharmaceuticals Limited10-Apr10-Apr?2NANAASBABSE Circular
    GI Engineering Solutions Limited18-Apr18-Apr?1027-Apr to 03-May09-MayASBABSE Circular
    Prerna Infrabuild Limited21-Apr21-Apr?2002-May to 15-May18-MayASBA BSE 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.

    Bonus Issue of Nettlinx Ltd. 

    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, Nettlinx Ltd.  (Scrip Code: 511658) 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 
    Nettlinx Ltd.NETTLINX24-Apr24-Apr

    Refer: BSE 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.

    As per a recent circular, 1 equity share of Goyal Aluminiums Ltd. (Scrip Code: 541152) will be subdivided into 10 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Goyal Aluminiums Ltd.GOYALALUM1:1025-Apr25-Apr

    Refer: BSE circular

    Mankind is India’s 4th largest pharmaceutical company in terms of Domestic Sales and 3rd largest in terms of sales volume for Moving Annual Total for…

    Mankind is India’s 4th largest pharmaceutical company in terms of Domestic Sales and 3rd largest in terms of sales volume for Moving Annual Total for December 2022. Mankind is present in several acute and chronic therapeutic areas in India, including anti-infectives, cardiovascular, gastrointestinal, anti-diabetic, neuro/CNS, vitamins/minerals/nutrients and respiratory.

    Read more about Mankind Pharma IPO

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

    Finalization of Basis of Allotment03-May-23
    Initiation of Refunds04-May-23
    Credit of Shares to Demat Acct05-May-23
    IPO Shares Listing Date08-May-23
    UPI mandate expiry date09-May-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.

    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 IFL Enterprises Ltd. (Scrip Code: 540377) of Face Value of Rs. 10 each will be sub-divided into 10 equity shares of a Face value of Re. 1 each.
  • A bonus of 1 equity share of Face value of Re. 1 each will be issued for every 4 equity shares of a Face value of Re. 1 held. 
  • The key dates for the same are as follows:

    Company NameSymbolRecord DateEx-bonus Basis From Date
    IFL Enterprises Ltd.IFL          21-Apr21-Apr

    Refer: BSE circular