Nine stocks, including Castrol India, India Glycols, Vedanta, PFC, among others are set to see corporate actions this week, including those for dividends, bonus issues and stock splits announced by these companies earlier. Here's a look at a list of these companies and their record dates.
Nine stocks, including Castrol India, India Glycols, Vedanta, PFC, among others are set to see corporate actions this week, including those for dividends, bonus issues and stock splits announced by these companies earlier. Here’s a look at a list of these companies and their record dates.
Castrol India | The company had announced a final dividend of ₹5.25 per share earlier. The record date for that is Monday, March 23. This means, only those shareholders, who had shares of the company on Friday, March 20, in their demat accounts, will be eligible to avail the dividend payout. Those who buy the shares today will not be eligible for the same.
Two other companies, who have their dividend payout record dates on Monday, include India Glycols, which had announced an interim dividend of ₹7.5 per share last week, and Power Finance Corporation (PFC), which also announced an interim dividend of ₹3.25 per share.
TIL | The company has approved a rights issue to raise ₹200 crore. The record date for shareholders to be eligible to subscribe to the rights issue is on Monday. This means, those shareholders who had shares of the company as of Friday’s closing, can subscribe to the rights issue as the stock will begin trading adjusted for the same starting today. More details about the rights issue, here.
Kilitch Drugs | The company with a market capitalization of ₹550 crore as on Friday had announced a bonus issue of shares in the ratio of 1:1. This means that shareholders will be eligible to receive one bonus share for every one share they own as on the record date. Record date for the bonus issue has been fixed as Tuesday, March 24.
V2 Retail | The retailer had announced a stock split earlier in the ratio of 1:10, which means that one share, which currently carries a face value of ₹10 each, will be split into 10 shares with a face value of ₹1 each. The record date for this stock split has been fixed as Wednesday, March 25.
Angel One, who announced an interim dividend of ₹1.75 per share, Samvardhana Motherson, who announced an interim dividend of ₹0.35 per share, and Vedanta, who will be holding its board meet today to consider an interim dividend payout for its shareholders, have all fixed their respective record dates for the payout as Thursday, March 27.
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Nine stocks that are set for corporate actions this week including dividend, bonus and stock split – CNBC TV18
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