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 Osia Hyper Retail Ltd. will be subdivided into 10 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Osia Hyper Retail Ltd.OSIAHYPER1:1013-Mar13-Mar

Refer: NSE circular

Unfreeze of YES BANK securities

Subsequent to a circular in Mar-20, stock brokers were directed to freeze all Beneficiary/Pool accounts for both debits and credits, locking in YES B…

Subsequent to a circular in Mar-20, stock brokers were directed to freeze all Beneficiary/Pool accounts for both debits and credits, locking in YES BANK securities for three years, starting 13-Mar-20.

This lock-in comes to an end on 13-Mar-23, wherein YES BANK securities will be unfrozen in client Demat accounts, and will be available for trading. This will take place once the Exchange activates the YESBANK ISIN and all Beneficiary accounts are unfrozen.

Refer: NSE Circular

Global Surfaces is engaged in the business of processing natural stones and manufacturing engineered quartz. Natural stones are produced by complex g…

Global Surfaces is engaged in the business of processing natural stones and manufacturing engineered quartz. Natural stones are produced by complex geological processes and include a number of products such as granite, limestone, marble, slate, quartzite, onyx, sandstone, travertine, and others that are quarried from the earth. 

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

Finalization of Basis of Allotment20-Mar-23
Initiation of Refunds21-Mar-23
Credit of Shares to Demat Acct22-Mar-23
IPO Shares Listing Date23-Mar-23
UPI mandate expiry date24-Mar-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.

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 KP Energy Ltd. (Scrip Code: 539686) will be subdivided into 2 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
KP Energy Ltd.KPEL1:210-Mar10-Mar

Refer: BSE circular

As per recent circulars of BSE & NSE, the following security will be delisted w.e.f. March 10, 2023.  Name of the CompanySymbolReason f…

As per recent circulars of BSE & NSE, the following security will be delisted w.e.f. March 10, 2023. 

Name of the CompanySymbolReason for Suspension
Sintex Industries Ltd.SINTEXVoluntary Delisting

Refer: BSE Circular | NSE Circular

As per a BSE circular, Jindal Stainless Ltd has announced the allotment of equity shares to Jindal Stainless (Hisar) Ltd. shareholders w.e.f 09-Mar-2…

As per a BSE circular, Jindal Stainless Ltd has announced the allotment of equity shares to Jindal Stainless (Hisar) Ltd. shareholders w.e.f 09-Mar-23. 195 equity shares with a face value of Rs.2/- each of Jindal Stainless Ltd. to be issued as fully paid up equity shares for every 100 fully paid up equity shares with a face value of Rs 2/- each held by shareholders of Jindal Stainless (Hisar) Ltd.

It is hereby notified that the following security will be suspended from trading w.e.f 09-Mar-23.

Name of CompanySymbolSeriesReason for Suspension
Jindal Stainless (Hisar) LimitedJSLHISAREQScheme of Amalgamation

Refer: BSE Circular | NSE Circular

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 Gujarat Toolroom Ltd. (Scrip Code: 513337) will be subdivided into 10 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Gujarat Toolroom Ltd.GUJTLRM1:106-Mar6-Mar

Refer: BSE circular

Now open SGB 2022-23 Series 4

Security SymbolIssue PeriodDate of AllotmentIssue Price per gramSGB22230406-Mar-23 to 10-Mar-2314-Mar-23- Offline Bid: Rs. 5,611- Online Bid: Rs. 5,5…
Security SymbolIssue PeriodDate of AllotmentIssue Price per gram
SGB22230406-Mar-23 to 10-Mar-2314-Mar-23- Offline Bid: Rs. 5,611
- Online Bid: Rs. 5,561 (if you apply online and pay via digital mode)

The sovereign gold bond scheme is a Government of India undertaking that allows you to purchase gold on paper. This is an easy alternative for investors who want to invest in gold but don't want the hassle associated with purchasing gold in physical form.

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    Divgi Torqtransfer is amongst the very few automotive component entities in India who have the capability to develop and provide system level transfe…

    Divgi Torqtransfer is amongst the very few automotive component entities in India who have the capability to develop and provide system level transfer case, torque coupler and dual clutch automatic transmissions solution. They are one of the leading players supplying transfer case systems to automotive OEMs in India and the largest supplier of transfer case systems to passenger vehicle manufacturers in India. 

    Read more about Divgi Torqtransfer Systems IPO

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

    Finalization of Basis of Allotment09-Mar-23
    Initiation of Refunds10-Mar-23
    Credit of Shares to Demat Acct13-Mar-23
    IPO Shares Listing Date14-Mar-23
    UPI mandate expiry date15-Mar-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.

    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.

    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 360 One Wam Ltd. (Scrip Code: 542772) of Face Value of Rs. 2 each will be sub-divided into 2 equity shares of the Face value of Re. 1 each.
  • A bonus of 1 equity share of Face value of Re. 1 each will be issued for every 1 equity share of Face value of Re. 1 held. 
  • The key dates for the same are as follows:

    Company NameSymbolRecord DateEx-bonus Basis From Date
    360 One Wam Ltd.360ONE          02-Mar02-Mar

    Refer: BSE circular