Dharmaj is an agrochemical company engaged in the business of manufacturing, distributing, and marketing a wide range of agrochemical formulations su…

Dharmaj is an agrochemical company engaged in the business of manufacturing, distributing, and marketing a wide range of agrochemical formulations such as insecticides, fungicides, herbicides, plant growth regulators, micro fertilizers, and antibiotics to B2C and B2B customers.

Read more about Dharmaj Crop Guard IPO

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

Finalization of Basis of Allotment05-Dec-22
Initiation of Refunds06-Dec-22
Credit of Shares to Demat Acct06-Dec-22
IPO Shares Listing Date08-Dec-22
UPI mandate expiry date09-Dec-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.

As per a circular, Shriram Transport Finance Company Ltd. has announced the allotment of 155 fully paid-up equity shares of Rs 10 each of Shriram Tra…

As per a circular, Shriram Transport Finance Company Ltd. has announced the allotment of 155 fully paid-up equity shares of Rs 10 each of Shriram Transport Finance Company Ltd. for every 100 fully paid-up equity shares of Rs 10 each of Shriram City Union Finance Ltd., due to the scheme of amalgamation of Shriram City Union Finance Ltd. with Shriram Transport Finance Company Ltd.

You are hereby informed that trading in securities of Shriram City Union Finance Ltd. is therefore suspended w.e.f from 29-Nov-22 in consideration of the amalgamation, transfer, and vesting of Shriram City Union Finance Ltd. into Shriram Transport Finance Company Ltd.

Name of CompanySymbolSeriesReason for Suspension
Shriram City Union Finance Ltd.SHRIRAMCITEQScheme of Amalgamation

Refer: BSE Circular | NSE Circular

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, Veer Energy & Infrastructure Ltd. (Scrip Code: 503657) is issuing 3 bonus shares for every 10 existing shares. The key dates for the Bonus Issue are as follows:

Company NameSymbolRecord dateEx-Bonus basis from Date 
Veer Energy & Infrastructure Ltd.VEERENRGY25-Nov25-Nov

Refer: BSE circular

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, Commercial Syn Bags Ltd. (Scrip Code: 539986) 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 
Commercial Syn Bags Ltd.COMSYN25-Nov25-Nov

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 Mafatlal Industries  Ltd. (Scrip Code: 500264) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Mafatlal Industries Ltd.MAFATIND1:525-Nov25-Nov

Refer: BSE circular

T+1 Settlement: November 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 25-Nov-22:

  • 443 more securities of NSE will be added into T+1 settlement
  • 496 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

    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 November 2022:

    CompanyEx-dateRecord DateRI PriceRE Trading PeriodLast date to apply for Rights SharesWhere to apply for rights sharesCircular
    Compuage Infocom Ltd.14- Nov14- NovRs. 2023- Nov to 29- Nov2- DecASBABSE Circular
    Transwarranty Finance Limited04- Nov04- NovRs. 10 (Rs. 3 on app)15- Nov to 23- Nov29- NovASBABSE Circular
    Rungta Irrigation Limited11- Nov11- NovRs. 11(Rs. 3 on app)9- Dec to 12- Dec 15- DecASBABSE Circular
    Suven Life Sciences Ltd.17-Oct18-OctRs. 5531-Oct to 03-Nov10-NovASBABSE Circular
    Hilton Metal Forging Ltd.20-Oct20-OctRs. 5503-Nov onwards11-NovASBABSE 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 a 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

    As per a recent circular, the name and symbol of Dr Habeebullah Life Sciences Ltd. (Scrip code: 539267) will be changed as follows w.e.f 25-Nov-22.&#…

    As per a recent circular, the name and symbol of Dr Habeebullah Life Sciences Ltd. (Scrip code: 539267) will be changed as follows w.e.f 25-Nov-22.

    Existing Symbol New Symbol Existing Name the of CompanyNew Name of the  Company
    DRHABEEBSAMSRITADr Habeebullah Life Sciences Ltd.Samsrita Labs Ltd.

    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 Dev Information Technology Ltd. (Scrip Code: 543462) will be sub-divided into 2 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Dev Information Technology Ltd.DEVIT1:225-Nov25-Nov

    Refer: BSE circular

    As per a recent circular, the name and symbol of Ellora Trading Ltd. (Scrip code: 542803) will be changed as follows w.e.f 23-Nov-22. Existing S…

    As per a recent circular, the name and symbol of Ellora Trading Ltd. (Scrip code: 542803) will be changed as follows w.e.f 23-Nov-22.

    Existing Symbol New Symbol Existing Name the of CompanyNew Name of the  Company
    ELLORATRADVELEllora Trading Ltd.Vaxfab Enterprises Ltd.

    Refer: BSE Circular