After a sale, the share certificate along with a proper transfer deed duly stamped and complete in all respects is sent to the company for transfer in the name of the buyer. Once the transfer is registered in the share transfer register maintained by the company, the process of transfer is complete.
Know about transfer of physical shares.
After a sale, the share certificate along with a proper transfer deed duly stamped and complete in all respects is sent to the company for transfer in the name of the buyer. Once the transfer is registered in the share transfer register maintained by the company, the process of transfer is complete.
Buy back
Buy back is a process by which a company can buy back its shares from shareholders. A company may buy back its shares in various ways: from existing shareholders on a proportionate basis; through a tender offer from open market; through a book-building process; from the Stock Exchange; or from odd lot holders.
A company cannot buy back through negotiated deals on or off the Stock Exchange, through spot transactions or through any private arrangement. Clearing and Settlement.
A company cannot buy back through negotiated deals on or off the Stock Exchange, through spot transactions or through any private arrangement. Clearing and Settlement.
stock split
A stock Split is book entry wherein the face value of the share is altered to create a greater number of shares outstanding without calling for fresh capital or altering the share capital account. For example, if a company announces a two-way split, it means that a share of the face value of Rs 10 is split into two shares of face value of Rs.5 each and a person holding one share now holds two shares.
Know about Bonus Issue.
While investing in shares the motive is not only capital gains but also a proportionate share of surplus generated by the company from the operations once all other stakeholders have been paid. But the distribution of this surplus to shareholders seldom happens. Instead, this is transferred to the reserves and surplus account. If the reserves and surplus amount becomes too large, the company may transfer some amount from the reserves account to the share capital account by a mere book entry. This is done by increasing the number of shares outstanding and every shareholder is given bonus shares in a ratio called the bonus ratio and such an issue is called bonus issue. For example,If the bonus ratio is 1:2, it means that for every two shares held, the shareholder is entitled to one extra share. So if a shareholder holds two shares, post bonus he will hold three.
While investing in shares the motive is not only capital gains but also a proportionate share of surplus generated by the company from the operations once all other stakeholders have been paid. But the distribution of this surplus to shareholders seldom happens. Instead, this is transferred to the reserves and surplus account. If the reserves and surplus amount becomes too large, the company may transfer some amount from the reserves account to the share capital account by a mere book entry. This is done by increasing the number of shares outstanding and every shareholder is given bonus shares in a ratio called the bonus ratio and such an issue is called bonus issue. For example,If the bonus ratio is 1:2, it means that for every two shares held, the shareholder is entitled to one extra share. So if a shareholder holds two shares, post bonus he will hold three.
WIPRO
Wipro Ltd has announced the following Audited results for the quarter & year ended March 31, 2007:
The results for the Quarter ended March 31, 2007The Company has posted a net profit of Rs 8189 million for the quarter ended March 31, 2007 as compared to Rs 6575 million for the quarter ended March 31, 2006. Total Revenues has increased from Rs 35469 million for the quarter ended March 31, 2006 to Rs 38744 million for the quarter ended March 31, 2007.The results for the Year ended March 31, 2007The Company has posted a net profit of Rs 28421 million for the year ended March 31, 2007 as compared to Rs 20205 million for the year ended March 31, 2006. Total Revenues has increased from Rs 103796 million for the year ended March 31, 2006 to Rs 139527 million for the year ended March 31, 2007.The Consolidated results are as follows:The consolidated results for the Quarter ended March 31, 2007The Group has posted a net profit of Rs 8561 million for the quarter ended March 31, 2007 as compared to Rs 6179 million for the quarter ended March 31, 2006. Total Revenues has increased from Rs 31132 million for the quarter ended March 31, 2006 to Rs 43331 million for the quarter ended March 31, 2007.
The results for the Quarter ended March 31, 2007The Company has posted a net profit of Rs 8189 million for the quarter ended March 31, 2007 as compared to Rs 6575 million for the quarter ended March 31, 2006. Total Revenues has increased from Rs 35469 million for the quarter ended March 31, 2006 to Rs 38744 million for the quarter ended March 31, 2007.The results for the Year ended March 31, 2007The Company has posted a net profit of Rs 28421 million for the year ended March 31, 2007 as compared to Rs 20205 million for the year ended March 31, 2006. Total Revenues has increased from Rs 103796 million for the year ended March 31, 2006 to Rs 139527 million for the year ended March 31, 2007.The Consolidated results are as follows:The consolidated results for the Quarter ended March 31, 2007The Group has posted a net profit of Rs 8561 million for the quarter ended March 31, 2007 as compared to Rs 6179 million for the quarter ended March 31, 2006. Total Revenues has increased from Rs 31132 million for the quarter ended March 31, 2006 to Rs 43331 million for the quarter ended March 31, 2007.
The consolidated results for the Year ended March 31, 2007The Group has posted a net profit of Rs 29421 million for the year ended March 31, 2007 as compared to Rs 20674 million for the year ended March 31, 2006. Total Revenues has increased from Rs 106258 million for the year ended March 31, 2006 to Rs 150008 million for the year ended March 31, 2007.
SATYAM COMPUTER RESULT'S
Satyam Computer Services Ltd has announced the following Audited results for the quarter & year ended March 31, 2007: The results for the Quarter ended March 31, 2007 The Company has posted a profit after taxation of Rs 3975.00 million for the quarter ended March 31, 2007 as compared to Rs 2899.00 million for the quarter ended March 31, 2006. Total Income has increased from Rs 12875.20 million for the quarter ended March 31, 2006 to Rs 17784.00 million for the quarter ended March 31, 2007. The results for the Year ended March 31, 2007 The Company has posted a profit after taxation of Rs 14232.30 million for the year ended March 31, 2007 as compared to Rs 12397.50 million for the year ended March 31, 2006. Total Income has increased from Rs 50122.20 million for the year ended March 31, 2006 to Rs 64100.80 million for the year ended March 31, 2007.
Know about a no-delivery period, ex-dividend date, ex-date.
Know about a no-delivery period.
No-delivery period means during a perticular period , any investor should not buy that perticular share/security for delivery purpose.Whenever a company announces a book closure or record date, the Exchange sets up a no-delivery (ND) period for that company's share/security. During this period only trading is permitted in the security. However, these trades are settled only after the no-delivery period is over. This is done to ensure that investor's entitlement for the corporate benefit is clearly determined.
Ex-dividend date.
The date on or after which a share/security begins trading without the dividend (cash or stock) included in the contract price.
Ex-date.
The first day of the no-delivery period is the ex-date. If there is any corporate benefits such as rights, bonus, dividend announced for which book closure/record date is fixed, the buyer of the shares on or after the ex-date will not be eligible for the benefits.
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