Shares of state-owned company RITES rallied 12.5% to its day’s high of Rs 383.35 on BSE as the stock started trading on an ex-dividend and an ex-bonus basis from today. The company announced a final dividend of Rs 5 per share and a 1:1 bonus share issue earlier in July for its eligible shareholders, while … Read more
State-owned company Container Corporation of India (CONCOR) and 31 other companies are likely to remain in focus today as they have set September 18 as the record date to determine shareholders’ eligiblility for dividend payments. This means today is the last day to buy shares of these companies to qualify for the announced dividends. Earlier … Read more
Market regulator Securities and Exchange Board of India (Sebi) has reduced the time taken for credit of bonus shares and their eligibility for trading to two days from the record date. In a circular issued on Monday, Sebi enabled T+2 trading of the bonus issue which means that the shares allotted in the bonus issue … Read more
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
Ircon International, Deepak Fertilisers and Sapphire Foods 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, rights issues and stock split. The record date is the date set by the company to decide the shareholders who … 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
The Securities and Exchange Board of India (Sebi) has proposed faster credit and trading of bonus shares. It has suggested to streamline and reduce timelines of bonus issue enabling T+ 2 trading of shares post record date. The move is aimed to reduce investors’ risk of market volatility due to any delay in credit of … Read more
BHEL, Eicher Motors, Bharti Airtel and NTPC 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
