Rights Issue - March 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 March 2024:

CompanyEx-dateRecord DateRI Price (Rs. per share)RE Trading PeriodLast date to apply for Rights SharesWhere to apply for rights sharesCircular
Dipna Pharmachem Limited12-Feb12-FebRs. 1026- Feb to 04-Mar19- MarASBABSE
South Indian Bank Limited27-Feb27-FebRs. 2206-Mar to 14-Mar20- MarASBABSE
Mercury Trade Links Limited01- Mar01- MarRs. 4011-Mar to 15-Mar21- MarASBABSE
Valencia Nutrition Limited07- Mar07- MarRs. 2615-Mar to 19-Mar22- MarASBABSE
Hindustan Construction Company Limited16- Mar16- MarRs. 2126-Mar to 02-Apr05- AprASBABSE
Arunjyoti Bio Ventures Limited07- Mar07- MarRs. 2026-Mar to 02-Apr08- AprASBABSE
Tierra Agrotech Limited18- Mar18- MarRs. 5028-Mar to 03-Apr10- AprASBABSE
Balkrishna Paper Mills Limited15- Mar15- MarRs. 2102-Apr to 08-Apr15- AprASBABSE
Mishtann Foods Limited20- Mar20- MarRs. 1502-Apr to NA17- AprASBABSE
Sawaca Business Machines Limited07- Mar07- MarRe. 102-Apr to NANAASBABSE

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.

    Offer for Sale of below company is open in BSE/NSE. To Place your OFS Request: Contact your sub-broker. In case you don't have a sub-broker…

    Offer for Sale of below company is open in BSE/NSE. To Place your OFS Request:

  • Contact your sub-broker.
  • In case you don't have a sub-broker, call us on 18001020.
  • Scrip NameCategoryTime WindowFloor PriceClearing Price
    ABSLAMCNon-Retail19-Mar, 9:30am - 3:15pmRs. 450NA
    ABSLAMCRetail20-Mar, 9:30am - 3:15pmNANA
    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 …

    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.

    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.

    Per a recent circular, 1 equity share of Tine Agro Ltd. (Scrip Code: 531205) will be subdivided into 10 equity shares. A bonus of 1 equity share will also be issued for every 1 equity share held. 

    The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Tine Agro Ltd.TINEAGRO1:1018-Mar18-Mar

    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, Rama Steel Tubes Ltd. (Scrip Code: 539309) 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 
    Rama Steel Tubes Ltd.RAMASTEEL19-Mar19-Mar

    Refer: BSE Circular

    In our endeavor to provide faster and secure add funds experience, we have introduced Biometric Payments to add funds in your trading account. Here’s…

    In our endeavor to provide faster and secure add funds experience, we have introduced Biometric Payments to add funds in your trading account. Here’s a quick and easy process without the hassle of OTPs, username or password logins.

    What is Biometric Payment?

    The Biometric Payment method enables users to make quick and convenient payments using biometric authentication methods, such as fingerprints or facial recognition or PayPin. It eliminates traditional authentication methods such as username/customer ID, passwords, PINs or OTPs, etc., providing a seamless and secure alternative way to complete transactions.

    How does it work?

  • Simply select the biometric payment option in Add Funds page in Angel One app
    • One-Time Registration: 
    1. Bank Login - The user will have to complete a one-time registration to access the Biometric Payment. Provide the selected bank’s login credentials same as the netbanking credentials. 
    2. Setup Code Entry - After the login and confirmation of payment, the user will get an OTP from the vendor (Minkasu) which needs to be entered in the Angel One app.
    • Provide Biometrics or Create a PayPin: 
    1. The user will then have to create a PayPin. This can be any number which the user wants to set up for payments. Eg. like a UPI Pin OR
    2. Register fingerprint or faceID: The user will have to register either his fingerprint or face ID.

    Once the registration is done, the next time the user clicks on Biometric Payments, he will directly be routed to enter the PayPIN or fingerprint or faceID. On providing these details, the payment will be completed.

    Points to note

  • Only applicable for net banking users.
  • Currently applicable only for AXIS Bank users.
  • Only applicable on Android and iOS applications and not available for web.
  • Use the latest version of Angel One app
  • To try Biometrics Payment, click here

    Bonus Issue of M K Proteins 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, M K Proteins Ltd. (Scrip Code: 543919) 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 
    M K Proteins Ltd.MKPL15-Mar15-Mar

    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, Gujarat Ambuja Exports Ltd. (Scrip Code: 524226) 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 
    Gujarat Ambuja Exports Ltd.GAEL16-Mar15-Mar

    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 Waaree Renewable Technologies Ltd. (Scrip Code: 534618) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Waaree Renewable Technologies Ltd.WAAREERTL1:516-Mar15-Mar

    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 Ok Play India Ltd. (Scrip Code: 526415) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    OK PLAY INDIA LTD.OKPLA1:1011-Mar11-Mar

    Refer: BSE Circular 

    Due to the change in US Daylight Savings timings, MCX trade timings will be revised. The revised trading hours will be in effect from 11-Mar-2024 to …

    Due to the change in US Daylight Savings timings, MCX trade timings will be revised. The revised trading hours will be in effect from 11-Mar-2024 to 01-Nov-2024 (both days inclusive). Intraday timer based square-off will get triggered at 11:15 pm instead of 11:40 pm.

    Please refer to the table below for the revised timings:

    ParticularsTrade Start TimeTrade End TimeClient Code modification session
    Non-Agri Commodities9:00 am11:30 pm11:30 pm to 11:45 pm
    Select Agri Commodities(Cotton, Crude Palm Oil (CPO) & Kapas)9:00 am9:00 pm9:00 pm to 9:15 pm
    All Other Agri Commodities9:00 am5:00 pm5:00 pm to 5:15 pm

    Refer: MCX Circular