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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:
Agencies
Rights Issue
Bodhi Tree Multimedia: Rights issue of 4 shares for every 9 shares held, offered at ₹8 per share.
Bonus Issue
Enbee Trade & Finance: Bonus share issue in the ratio of 1:6.
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Interim Dividend
KSolves India: Interim dividend of 150%, or ₹7.5 per share.
Mishra Dhatu Nigam: Interim dividend of 7.5%, or ₹0.75 per share.
TIL Creatives
Bonus Issue
Beta Drugs: Bonus in the ratio of 1:20.
Dhanalaxmi Roto Spinners: Bonus in the ratio of 1:1.
Interim Dividend
REC: Interim dividend of 36%, or ₹3.6 per share.
TVS Motor Company: Interim dividend of 1000%, or ₹10 per share.
Agencies
Dividend
Kama Holdings: Dividend amount to be disclosed on Monday.
Bonus Issue
KBC 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)
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