Calling it an ‘early Diwali gift’, Mukesh Ambai-owned Reliance Industries approved a 1:1 bonus share issue earlier this week and the historical data suggests that the record date might be in October. “The Board of Directors of Reliance Industries Limited (RIL) today approved the issue of bonus shares in the ratio of 1:1 i.e. every … Read more
State-owned NBCC (India) Ltd on Saturday said the board has approved issue of bonus shares in a ratio of 1:2 to eligible shareholders and the company will utilise Rs 90 crore free reserve for this purpose. In a regulatory filing, the company informed that the board has approved issuance of bonus shares and fixation of … Read more
Bharat Electronics (BEL), RailTel, Samvardhana Motherson International, and 13 other companies are expected to be in focus today as they have set August 14 as the record date for determining shareholders eligible for dividend payments. This means today is the last day to buy shares of these companies to qualify for the announced dividends. Dividends … Read more
ICICI Bank, RailTel, CONCOR and Coal India among a host of other companies are likely to remain in focus next week as they are approaching their record dates for the purpose of dividend, bonus issues and stock split. The record date is the date set by the company to decide the shareholders who are eligible … Read more
India’s leading retail mall developer and operator Phoenix Mills has announced that its board of directors will be considering the issue of bonus shares for its shareholders in its upcoming board meeting scheduled on July 31. “In furtherance to our letter dated July 24, 2024, regarding intimation of Board Meeting scheduled to be held on … Read more
The Board of BigBloc Construction, which has delivered multibagger returns to investors over the last few years, will meet on July 19 to consider and approve the bonus issue of shares. The company’s Board will also consider a proposal to increase the authorised share capital. The company’s current share capital stands at Rs 14.14 crore … Read more
Adani Wilmar, Bank of India, L&T Finance and HDFC Asset Management Company among a host of other companies are likely to remain in focus in the week ahead as they have corporate actions like dividend, annual general meetings, rights issue, split and bonus issue lined up. Here is a list of corporate actions lined up … Read more
Mumbai: Shares of the National Stock Exchange surged by more than 25% in the unlisted market this week following a 4:1 bonus announcement last Friday. According to brokers dealing with the unlisted shares, the stock was trading at around ₹4,300-4,400 last week and is currently trading in the ₹5,400-5,800 range. At ₹5,500, NSE is valued … Read more
