Market News
Upcoming corporate actions: Dividends, stock splits and rights issue coming in next week
.png)
4 min read | Updated on September 22, 2024, 15:59 IST
SUMMARY
This week, several companies, including Bajaj Holdings & Investment, Maharashtra Scooters, Bharat Dynamics, and Rashtriya Chemicals & Fertilizers, have scheduled significant corporate actions such as dividends, stock splits, and buybacks. 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
On Monday, September 23, 2024, the following corporate actions are scheduled:
Bharat Dynamics Ltd will pay a dividend of ₹0.85. According to the company filings, its record date is September 23, 2024. The dividend was announced over the face value of ₹5 per share.
Cochin Shipyard Ltd will pay a dividend of ₹2.25. The dividend was announced over the face value of ₹5 per share on the record date of September 23, 2024.
Shakti Pumps (India) Ltd will pay a dividend of ₹4. The dividend was announced over the face value of ₹10 per share on the record date of September 23, 2024.
HFCL Ltd will pay a dividend of ₹0.20. The dividend was announced over the face value of ₹1 per share on the record date of September 23, 2024.
HPL Electric & Power Ltd will give a dividend of ₹1 per share on the face value of ₹10 for each share on the record date of September 23, 2024.
Praveg Ltdwill give a dividend of ₹1 per share on the face value of ₹10 for each share on the record date of September 23, 2024.
Rashtriya Chemicals & Fertilizers Ltdwill give a dividend of ₹1.24 per share on the face value of ₹10 for each share on the record date of September 23, 2024.
Rail Vikas Nigam Ltd will pay a dividend of ₹2.11. The dividend was announced over the face value of ₹10 per share on the record date of September 23, 2024.
Srestha Finvest 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 1 share of the company of ₹2 face value, you will receive 2 shares of ₹1 each after the split.
Sunteck Realty Ltd will give a dividend of ₹1.5 per share on the face value of ₹1 for each share on the record date of September 23, 2024.
On Tuesday, September 24, 2024, the following corporate actions are scheduled:
Bhatia Communications & Retail (India) Ltd will give a dividend of ₹0.01 per share on the face value of ₹1 for each share on the record date of September 23, 2024.
On Wednesday, September 25, 2024, the following corporate actions will take place:
Bajaj Holdings & Investment Ltd will give an interim dividend of ₹65 per share on the face value of ₹10 for each share on the record date of September 25, 2024.
Maharashtra Scooters Ltd will pay an interim dividend of ₹110 per share on the face value of ₹10 for each share on the record date of September 25, 2024.
Starlineps Enterprises 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. The company has also announced a bonus issue with a bonus ratio of 1:5, indicating that shareholders will receive one additional share for every 5 shares they hold.
Swastika Investmart 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 1 share of the company of ₹10 face value, you will receive 5 shares of ₹2 each after the split.
There are not any corporate action scheduled on Thursday, September 26, 2024.
On Friday, September 27, 2024, the following corporate actions will take place:
West Leisure Resorts Ltd will give a final dividend of ₹0.1 on the face value of ₹10 for each share held on the record date of September 28, 2024.
About The Author
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.
Next Story
