Corporate Radar: Vedanta to go ex-dividend, Commercial Syn Bags board meeting & more

Also, a meeting of the board of directors of Commercial Syn Bags is scheduled to consider and approve the allotment of 2,66,34,800 new equity shares of Rs 10 each to existing shareholders in the proportion of 2:1.

Agencies
There are a host of corporate actions and board meetings scheduled for Tuesday.

Shares of Vedanta (Rs 17.5 per share) will trade ex-dividend. Meanwhile, a meeting of the board of directors of Rashtriya Chemicals & Fertilizers is scheduled to consider the interim dividend.

Also, a meeting of the board of directors of Commercial Syn Bags is scheduled to consider and approve the allotment of 2,66,34,800 new equity shares of Rs 10 each to existing shareholders in the proportion of 2:1.


Later in the week, Milkfood (Rs 2.50 per share), Gujarat Themis Biosyn (Rs 4.40 per share) and Som Distilleries and Breweries (Re 0.25 per share) will trade ex-dividend.

Shares of Chandra Prabhu International (Rs 10 to Rs 2), Likhitha Infrastructure (Rs 10 to Rs 5) and Mefcom Capital Markets (Rs 10 to Rs 2) will also ex-split later in the week.
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