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

    As per a recent circular, the name and symbol of Hotel Rugby Ltd. (Scrip code: 526683) will be changed as follows w.e.f 23-Nov-22. Existing Symb…

    As per a recent circular, the name and symbol of Hotel Rugby Ltd. (Scrip code: 526683) will be changed as follows w.e.f 23-Nov-22.

    Existing Symbol New Symbol Existing Name the of CompanyNew Name of the  Company
    RUGBYHOTELUNIVAFOODSHotel Rugby Ltd.Univa Foods Ltd.

    Refer: BSE Circular

    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 support@angelbroking.com or
  • Call us on 18001020

  • Scrip NameBSE/NSE CircularSub TypeStart DateEnd DateFloor Price
    CARERATINGNSE CircularBuyback18-11-2201-12-22Rs. 515
    NDTVBSE CircularTakeover22-11-2205-12-22Rs. 294
    SHREEVIJAYBSE CircularTakeover07-11-2221-11-22Rs. 1.5
    SPALBSE CircularBuyback03-11-2217-11-22Rs. 585
    AISHWARYA BSE CircularTakeover04-11-2218-11-22Rs. 2
    TTIENT BSE CircularTakeover03-11-2217-11-22Rs. 13.5
    SUBCAPCITYNSE CircularDelisting03-11-2211-11-22Rs. 13.26
    FRUTION BSE CircularTakeover03-11-2217-11-22Rs. 13
    Buyback is a corporate action in which a company buys back its shares from the existing shareholders for several reasons. There are different methods…

    Buyback is a corporate action in which a company buys back its shares from the existing shareholders for several reasons. There are different methods of buyback among which Open Market Buyback is one.

    In an open market buyback, the company purchases its shares directly from the market and there won’t be any tender process. Any equity shareholder of the company can participate in the buyback offer during the buyback window.

    Here are the open market buybacks of November 2022:

    CompanyStart dateEnd date
    Windlas Biotech Limited21-11-202220-05-2023
    Balrampur Chini Mills Limited16-11-202215-05-2023
    Kaveri Seed Company Limited07-11-202206-03-2023
    International Conveyors Limited03-11-202203-03-2023
    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 Easy Trip Planners Ltd. (Scrip Code: 543272) of Face Value of Rs. 2 will be sub-divided into 2 equity shares of Face value of Rs. 1 each.
  • A bonus of 3 equity shares of Face value of Rs. 1 each will be issued for every 1 equity share of Face value of Rs. 1 held. 
  • The key dates for the same are as follows:

    Company NameSymbolRecord DateEx-bonus Basis From Date
    Easy Trip Planners Ltd.EASEMYTRIP          22-Nov21-Nov

    Refer: BSE circular

    As per a recent circular, the name and symbol of JTL Infra Ltd. (Scrip code: 534600) will be changed as follows w.e.f 21-Nov-22. Existing Symbol…

    As per a recent circular, the name and symbol of JTL Infra Ltd. (Scrip code: 534600) will be changed as follows w.e.f 21-Nov-22.

    Existing Symbol New Symbol Existing Name the of CompanyNew Name of the  Company
    JTLINFRAJTLINDJTL Infra Ltd.JTL Industries Ltd.

    Refer: BSE Circular

    As per a circular, MindTree Ltd has announced the allotment of 73 fully paid-up equity shares of Re 1 each of L&T Infotech for every 100 fully pa…

    As per a circular, MindTree Ltd has announced the allotment of 73 fully paid-up equity shares of Re 1 each of L&T Infotech for every 100 fully paid-up equity shares of Rs 10 each of MindTree Ltd, due to the scheme of amalgamation of MindTree with L&T Infotech Ltd.

    All existing contracts in the underlying MINDTREE, expiring on or after 22 November 2022, i.e. contracts expiring in the month of November-2022, December-2022, and January-2023, shall expire on 22 November 2022.

    If you have any existing open positions in these contracts, kindly take the below steps:

  • Maintain 50% of the contract value on or before 22-Nov-22 to avoid RMS square-off and/or margin shortfall penalty.
  • Square-off any existing open positions by 22-Nov-22 to avoid physical settlement and/or margin shortfall penalty.
  • The list of option strikes from which specific strike prices would be made available for these contracts will be communicated via a separate circular to be issued on 22-Nov-22 post-market hours.

    Refer: NSE Circular 1, NSE Circular 2, BSE Circular 1, BSE Circular 2