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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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4 min read | Updated on November 08, 2024, 15:26 IST
SUMMARY
This week, several companies, including IRFC, Page Industries, Power Grid Corporation, and IRCTC, 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.
From dividends to stock splits and rights issues, the corporate action scene is heating up with activity next week
On Monday, November 11, 2024, the following corporate actions are scheduled:
DCM Shriram Ltd will give an Interim dividend of ₹2 on the face value of ₹2 for each share held on the record date of November 11, 2024.
T D Power Systems Ltd will give an Interim dividend of ₹0.6 on the face value of ₹2 for each share held on the record date of November 11, 2024.
On Tuesday, November 12, 2024, the following corporate actions are scheduled:
Bajaj Steel Industries Ltd will give bonus shares with a bonus ratio of 3:1, indicating that shareholders will receive three additional shares for each one share they hold.
D-Link (India) Ltd will give an Interim dividend of ₹5 on the face value of ₹2 for each share held on the record date of November 12, 2024.
Indraprastha Gas Ltd will give an Interim dividend of ₹5.5 on the face value of ₹2 for each share held on the record date of November 12, 2024.
Indian Railway Finance Corporation Ltd will give an Interim dividend of ₹0.8 on the face value of ₹10 for each share held on the record date of November 12, 2024.
Wonder Electricals Ltd will undergo a stock split (ex-date), changing the face value from ₹10 to ₹1 per share, with a split ratio of 10:1. This means if you hold one share of the company of ₹10 face value, you will receive ten shares of ₹1 each after the split.
On Wednesday, November 13, 2024, no corporate action is scheduled.
On Thursday, November 14, 2024, the following corporate actions will take place:
Aptus Value Housing Finance India Ltd will pay an Interim dividend of ₹2 on the face value of ₹2 for each share held on the record date of November 15, 2024.
Amara Raja Energy & Mobility Ltd will give an Interim dividend of ₹5.3 on the face value of ₹1 for each share held on the record date of November 14, 2024.
Astral Ltd will give an Interim dividend of ₹1.5 on the face value of ₹1 for each share held on the record date of November 15, 2024.
Container Corporation Of India Ltd will give an Interim dividend of ₹3.25 on the face value of ₹5 for each share held on the record date of November 15, 2024.
Contil India Ltd will undergo a stock split (ex-date), changing the face value from ₹10 to ₹2 per share, with a split ratio of 5:1. This means if you hold one share of the company of ₹10 face value, you will receive 5 shares of ₹2 each after the split.
Indian Railway Catering and Tourism Corporation Ltd will give an Interim dividend of ₹4 on the face value of ₹2 for each share held on the record date of November 14, 2024.
Jost's Engineering Co.Ltd will undergo a stock split (ex-date), changing the face value from ₹2 to ₹1 per share, with a split ratio of 2:1. This means if you hold one share of the company of ₹2 face value, you will receive 2 shares of ₹1 each after the split.
JTL Industries Ltd will undergo a stock split (ex-date), changing the face value from ₹2 to ₹1 per share, with a split ratio of 2:1. This means if you hold one share of the company of ₹2 face value, you will receive 2 shares of ₹1 each after the split.
KPI Green Energy Ltd will give an Interim dividend of ₹0.2 on the face value of ₹5 for each share held on the record date of November 15, 2024.
Oil India Ltd will give an Interim dividend of ₹3 on the face value of ₹5 for each share held on the record date of November 15, 2024.
Page Industries Ltd will give an Interim dividend of ₹250 on the face value of ₹10 for each share held on the record date of November 16, 2024.
Power Grid Corporation Of India Ltd will give an Interim dividend of ₹4.5 on the face value of ₹10 for each share held on the record date of November 14, 2024.
Rites Ltd will give an Interim dividend of ₹1.75 on the face value of ₹10 for each share held on the record date of November 15, 2024.
Worth Investment & Trading Co Ltd will give bonus shares with a bonus ratio of 3:2, indicating that shareholders will receive three additional shares for every two shares they hold.
The market will remain closed on Friday, November 15, 2024, on the occasion of Guru Nanak Jayanti. No corporate action is scheduled.
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