Corporate Action Radar: REC among 10 cos with record dates this week. Do you hold these stocks?
By Nishtha Awasthi, ETMarkets.com |
1/5
Record Date for Corporate Actions
Various corporate actions are set to keep several stocks in focus in the week ahead, with record dates scheduled for dividends, bonus shares, and rights issues.
Companies like REC and TVS Motor Company are among the notable names announcing shareholder benefits this week.
The record date determines which shareholders are eligible for such benefits. Due to the T+1 settlement cycle, investors must own shares at least one day before the ex-date to qualify.
Here’s a day-wise breakdown of corporate actions, as per StockEdge:
Companies like REC and TVS Motor Company are among the notable names announcing shareholder benefits this week.
The record date determines which shareholders are eligible for such benefits. Due to the T+1 settlement cycle, investors must own shares at least one day before the ex-date to qualify.
Here’s a day-wise breakdown of corporate actions, as per StockEdge:
2/5
Monday, 24 March
Rights IssueBodhi Tree Multimedia: Rights issue of 4 shares for every 9 shares held, offered at ₹8 per share.
Bonus IssueEnbee Trade & Finance: Bonus share issue in the ratio of 1:6.
Bonus IssueEnbee Trade & Finance: Bonus share issue in the ratio of 1:6.
3/5
Tuesday, 25 March
Interim DividendKSolves India: Interim dividend of 150%, or ₹7.5 per share.
Mishra Dhatu Nigam: Interim dividend of 7.5%, or ₹0.75 per share.
Mishra Dhatu Nigam: Interim dividend of 7.5%, or ₹0.75 per share.
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4/5
Wednesday, 26 March
Bonus IssueBeta Drugs: Bonus in the ratio of 1:20.Dhanalaxmi Roto Spinners: Bonus in the ratio of 1:1.
Interim DividendREC: Interim dividend of 36%, or ₹3.6 per share.TVS Motor Company: Interim dividend of 1000%, or ₹10 per share.
Interim DividendREC: Interim dividend of 36%, or ₹3.6 per share.TVS Motor Company: Interim dividend of 1000%, or ₹10 per share.
5/5
Friday, 28 March
DividendKama Holdings: Dividend amount to be disclosed on Monday.
Bonus IssueKBC Global: Bonus in the ratio of 1:1.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Bonus IssueKBC Global: Bonus in the ratio of 1:1.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
