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.

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 Vinny Overseas Ltd. (Scrip Code: 543670) of Face Value of Rs. 10 will be sub-divided into 10 equity shares of Face value of Re. 1 each.
  • A bonus of 13 equity shares of Face value of Re. 1 each will be issued for every 10 equity shares of Face value of Re. 1 held. 
  • The key dates for the same are as follows:

    Company NameSymbolRecord DateEx-bonus Basis From Date
    Vinny Overseas Ltd.VINNY          24-Feb24-Feb

    Refer: BSE circular

    In accordance with Exchange circulars NSE/SURV/55582 and NSE/SURV/55742, no fresh month contracts will be issued on expiration of Feb 2023 contracts.…

    In accordance with Exchange circulars NSE/SURV/55582 and NSE/SURV/55742, no fresh month contracts will be issued on expiration of Feb 2023 contracts. All existing contracts with March 2023 and April 2023 expiries shall continue.

    Further, a margin of 100% shall be levied on all existing derivative contracts for all new positions created from 27-Feb-23 onwards and on all existing open positions as on 24-Feb-23. 

    Delisting of 30 Companies from BSE

    The following companies will be delisted from the Exchange w.e.f Feb 24, 2023 on account of non-compliance with SEBI Regulations: CompanyScrip C…


    The following companies will be delisted from the Exchange w.e.f Feb 24, 2023 on account of non-compliance with SEBI Regulations:

    CompanyScrip CodeEx-date
    Cox & Kings Ltd.-23-Feb-23
    Auroma Coke Ltd.53133624-Feb-23
    Bee Electronic Machines Ltd.51720324-Feb-23
    Bluechip Stockspin Ltd.53171324-Feb-23
    Detroit Industries Ltd.52340024-Feb-23
    Dina Iron & Steel Ltd.53200324-Feb-23
    Dwitiya Trading Ltd.53860824-Feb-23
    Funny Software Ltd.53916924-Feb-23
    Gangotri Iron & Steel Company Ltd.53094524-Feb-23
    Geefcee Finance Ltd.53038924-Feb-23
    Global Land Masters Corporation Ltd.53147924-Feb-23
    Mefcom Agro Industries Ltd.51127624-Feb-23
    Mideast India Ltd.50027824-Feb-23
    NovaGold Petro Resources Ltd.53179124-Feb-23
    Nu Tech Corporate Services Ltd.52631324-Feb-23
    Pentamedia Graphics Ltd.50032924-Feb-23
    Pincon Lifestyle Ltd.53900724-Feb-23
    Ram Minerals and Chemicals Ltd.53473424-Feb-23
    Roselabs Ltd.53550324-Feb-23
    Sanghi Corporate Services Ltd.51164024-Feb-23
    Sheetal Bio Agro Tech Ltd.53180024-Feb-23
    Shreejal Info Hubs Ltd.50687424-Feb-23
    South East Agro Industries Ltd.53167924-Feb-23
    Sriyansh Steel Ltd.51306224-Feb-23
    Sun Source India Ltd.51740324-Feb-23
    Tej Infoways Ltd.53879324-Feb-23
    Texplast Industries Ltd.53063524-Feb-23
    TSL Industries Ltd.53165924-Feb-23
    Vertical Industries Ltd.51509924-Feb-23
    Vishvakirti Investment Ltd.51101424-Feb-23
    Womens Next Loungeries Ltd.53812824-Feb-23

    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 Karnavati Finance Ltd. (Scrip Code: 538928) will be subdivided into 10 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Karnavati Finance Ltd.KARNAVATI1:1024-Feb24-Feb
    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 Akashdeep Metal Industries Ltd. (Scrip Code: 538778) will be subdivided into 5 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Akashdeep Metal Industries Ltd.AKASHDEEP1:523-Feb23-Feb

    Refer: BSE circular

    As per a recent circular, the name of Ozone World Ltd. (Scrip code: 539291) will be changed as follows w.e.f 17-Feb-23. Existing Symbol New…

    As per a recent circular, the name of Ozone World Ltd. (Scrip code: 539291) will be changed as follows w.e.f 17-Feb-23.

    Existing Symbol New Symbol Existing Name the of CompanyNew Name of the  Company
    OZONEWORLDVASUDHAGAMOzone World Ltd.Vasudhagama Enterprises Ltd.

    Refer: BSE Circular

    As per a BSE circular, PVR Ltd has announced the allotment of equity shares to INOX Leisure Ltd. shareholders w.e.f 17-Feb-23. 3 equity shares with a…

    As per a BSE circular, PVR Ltd has announced the allotment of equity shares to INOX Leisure Ltd. shareholders w.e.f 17-Feb-23. 3 equity shares with a face value of Rs.10/- each of PVR Ltd. to be issued as fully paid up equity shares for every 10 fully paid up equity shares with a face value of Rs 10/- each held by shareholders of INOX Leisure Ltd.

    The following security will be suspended from trading w.e.f 17-Feb-23.

    Name of CompanySymbolSeriesReason for Suspension
    INOX Leisure LimitedINOXLEISUREQScheme 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 Shreeji Translogistics Ltd. (Scrip Code: 540738) will be subdivided into 5 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Shreeji Translogistics Ltd.STL1:515-Feb15-Feb

    Refer: BSE circular

    Bonus Issue of Evans Electric 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, Evans Electric Ltd. (Scrip Code: 542668) 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 
    Evans Electric Ltd.EVANS10-Feb10-Feb

    Refer: BSE 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 Latteys Industries Ltd. will be subdivided into 5 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Latteys Industries Ltd.LATTEYS1:510-Feb10-Feb

    Refer: NSE circular