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From dividends to stock splits and rights issues, the corporate action scene is heating up with activity next week
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3 min read | Updated on October 18, 2024, 15:09 IST
SUMMARY
This week, several companies, including HCL Technologies, LTIMindtree Ltd, L&T Technology Services, and Tips Music, have scheduled significant corporate actions such as dividends, stock splits, and demergers. The article includes record dates for shareholders to receive dividends and participate in share buybacks, bonus issues, and stock splits.
Stock list
From dividends to stock splits and rights issues, the corporate action scene is heating up with activity next week
Monday, October 21, 2024
JNK India Ltd will give an Interim dividend of ₹0.03 on the face value of ₹2 for each share held on the record date of October 21, 2024.
Tuesday, October 22, 2024
October 22, 2024, is the record date for the Rights Issue of Equity Shares DMR Hydroengineering & Infrastructures Ltd, which will open on November 14 and close on December 3 for the price of ₹153.3 per share. The Rights Issue is in the ratio of 1:20. This means you can purchase 1 share for every 20 shares held.
Gopal Snacks Ltd will give an Interim dividend of ₹1 on the face value of ₹1 for each share held on the record date of October 22, 2024.
HCL Technologies Ltd will give an Interim dividend of ₹1 on the face value of ₹1 for each share held on the record date of October 22, 2024.
Wednesday, October 23, 2024
Grovy India Ltd announced a bonus issue with a bonus ratio of 3:1, indicating that shareholders will receive three additional shares for every share they hold.
Thursday, October 24, 2024
Rights Issue of Equity Shares of Diligent Industries Ltd will open on November 11 and close on November 25 for the price of ₹5.01 per share. The Rights Issue is in the ratio of 6:5. This means you can purchase 6 shares for every 5 shares held.
Tips Music Ltd will give an Interim dividend of ₹2 on the face value of ₹1 for each share held on the record date of October 24, 2024.
Friday, October 25, 2024
Allcargo Logistics Ltd and Dalmia Bharat Ltd will give an Interim dividend on the record date of October 25, 2024.
D B Corp Ltd will give an Interim dividend of ₹5 on the face value of ₹10 for each share held on the record date of October 25, 2024.
LTIMindtree Ltd will give an Interim dividend of ₹20 on the face value of ₹1 for each share held on the record date of October 25, 2024.
L&T Technology Services Ltd will give an Interim dividend of ₹17 on the face value of ₹2 for each share held on the record date of October 25, 2024.
Matrimony.com Ltd will have a Buyback of shares on October 25, 2024.
Mayukh Dealtrade Ltd will undergo a stock split (ex-date), changing the face value from ₹5 to ₹1 per share, with a split ratio of 5:1. This means if you hold 1 share of the company of ₹5 face value, you will receive 5 shares of ₹1 each after the split.
POCL Enterprises Ltd will undergo a stock split (ex-date), changing the face value from ₹10 to ₹2 per share, with a split ratio of 10:5. This means if you hold 1 share of the company of ₹10 face value, you will receive 5 shares of ₹2 each after the split.
Sukhjit Starch & Chemicals Ltd will undergo a stock split (ex-date), changing the face value from ₹10 to ₹5 per share, with a split ratio of 10:5. This means if you hold 1 share of the company of ₹10 face value, you will receive 2 shares of ₹1 each after the split.
Wealth First Portfolio Managers Ltd will give an Interim dividend of ₹8 on the face value of ₹10 for each share held on the record date of October 25, 2024.
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Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.
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