As per a BSE circular, Mahalaxmi Rubtech Ltd. will demerge w.e.f. 19-Apr-24.  Due to this demerger, 1 equity share of Mahalaxmi Fabric Mill…

As per a BSE circular, Mahalaxmi Rubtech Ltd. will demerge w.e.f. 19-Apr-24. 

Due to this demerger, 1 equity share of Mahalaxmi Fabric Mills Ltd. will be issued for every 1 equity share held in Mahalaxmi Rubtech Ltd. and 1 equity share of Globale Tensile Ltd. will be issued for every 1 equity share held in Mahalaxmi Rubtech Ltd.

Name of CompanySymbolScrip Code
Mahalaxmi Rubtech Ltd.MHLXMIRU514450

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, Shukra Pharmaceuticals Ltd. (Scrip Code: 524632) is issuing 3 bonus shares for every 1 existing share. The key dates for the bonus Issue are as follows:

Company NameSymbolRecord dateEx-Bonus basis from Date 
Shukra Pharmaceuticals Ltd.SHUKRAPHAR20-Apr19-Apr

Refer: BSE Circular

Bonus Issue of Naapbooks 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, Naapbooks Ltd. (Scrip Code: 543351) 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 
Naapbooks Ltd.NBL19-Apr19-Apr

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 BSE circular, 1 equity share of Pulsar International Ltd. (Scrip Code: 512591) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Pulsar International Ltd.PULSRIN1:1019-Apr19-Apr

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 BSE circular, 1 equity share of Suratwwala Business Group Ltd.  (Scrip Code: 543218) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Suratwwala Business Group Ltd. SBGLP1:1018-Apr18-Apr

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, Integrated Industries Ltd. (Scrip Code: 531889) 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 
Integrated Industries Ltd.IIL16-Apr16-Apr

Refer: BSE Circular

Rights Issue - April 2024

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 2024:

CompanyEx-dateRecord DateRI Price (Rs. per share)RE Trading PeriodLast date to apply for Rights SharesWhere to apply for rights sharesCircular
Balkrishna Paper Mills Limited15- Mar15- MarRs. 2102-Apr to 08-Apr15- AprASBABSE
Mishtann Foods Limited**20- Mar20- MarRs. 1502-Apr to NA16- AprASBABSE
Sawaca Business Machines Limited07- Mar07- MarRe. 102-Apr to 08-Apr22-Apr (Extension)ASBABSE
Spectrum Foods Limited27-Mar27-MarRs. 2008-Apr to 17-Apr22-AprASBABSE
Markobenz Ventures Limited27-Mar27-MarRs. 1015-Apr to 18-Apr22-AprASBABSE
Tierra Agrotech Limited18-Mar18-MarRs. 5028-Mar to 16-Apr24-Apr (Extension)ASBABSE
Jyoti Structures Limited21-Mar21-MarRs. 1515-Apr to 24-Apr29-AprASBABSE
Shiva Cement Limited03-Apr03-AprRs. 4022-Apr to 30-Apr06-MayASBABSE
AA Plus Tradelink Limited05-Apr05-AprRs. 1822-Apr to 03-May06-MayASBABSE
Iykot Hitech Toolroom Limited03-Apr03-AprRs. 724-Apr to 30-Apr08-MayASBABSE
A B Infrabuild Limited05-Apr05-AprRs. 1829-Apr to 06-May13-MayASBABSE
Sakuma Exports Limited15-Apr15-AprRs. 25.3025-Apr to 07-May13-MayASBABSE
Savani Financials Limited04-Apr04-AprRs. 17.50 (Rs. 14 On App PP Shares)07-May to NA17-MayASBABSE

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.

    As per a recent circular, the name and symbol of  Justride Enterprises Ltd. (Scrip code: 531035) will be changed as follows w.e.f 12-Apr-24. …

    As per a recent circular, the name and symbol of  Justride Enterprises Ltd. (Scrip code: 531035) will be changed as follows w.e.f 12-Apr-24.

    Existing Symbol New Symbol Existing Name of the CompanyNew Name of the  Company
    JRELTDERAAYAJustride Enterprises Ltd.Eraaya Lifespaces 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 BSE circular, 1 equity share of Sprayking Ltd. (Scrip Code: 540079) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Sprayking Ltd.SPRAYKING1:512-Apr12-Apr

    Refer: BSE Circular

    As per a recent circular, the name and symbol of D B Realty Ltd. (Scrip code: 533160) will be changed as follows w.e.f 10-Apr-24. Existing Symbo…

    As per a recent circular, the name and symbol of D B Realty Ltd. (Scrip code: 533160) will be changed as follows w.e.f 10-Apr-24.

    Existing Symbol New Symbol Existing Name of the CompanyNew Name of the  Company
    DBREALTYDBREALTYD B Realty Ltd.Valor Estate Ltd.

    Refer: NSE Circular | BSE Circular