Upcoming Corporate Actions for the Week Starting September 23, 2024
Significant corporate actions such as dividends, stock splits, and buybacks are scheduled for multiple companies in the week starting September 23, 2024.
Next week is packed with significant corporate actions, with companies such as Bajaj Holdings & Investment, Maharashtra Scooters, Bharat Dynamics, and Rashtriya Chemicals & Fertilizers taking centre stage. Scheduled actions include dividends, stock splits, and buybacks, with shareholders needing to note the record dates to be eligible for these benefits.
Starting on Monday, September 23, 2024, Bharat Dynamics Ltd will pay a dividend of Rs 0.85 per share, with a book closure period from September 24 to September 30, 2024. This dividend is on a face value of Rs 5 per share. HFCL Ltd will distribute a dividend of Rs 0.20 per share, with its book closure date set for the same period. The dividend is announced over the face value of Rs 1 per share.
HPL Electric & Power Ltd will give a dividend of Rs 1 per share, based on a face value of Rs 10, with a record date of September 23, 2024. Similarly, Praveg Ltd will issue a Rs 1 per share dividend, also on a face value of Rs 10, with the same record date. Rashtriya Chemicals & Fertilizers Ltd will offer a dividend of Rs 1.24 per share, with a face value of Rs 10, to shareholders on September 23, 2024.
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Rail Vikas Nigam Ltd is set to pay a dividend of Rs 2.11 per share, with a book closure period from September 24 to September 30, 2024, over a face value of Rs 10 per share. Srestha Finvest Ltd will undergo a stock split on September 23, 2024, reducing the face value from Rs 2 to Rs 1 per share in a 2:1 ratio. Sunteck Realty Ltd will issue a Rs 1.5 per share dividend on a Rs 1 face value, also scheduled for September 23, 2024.
On Tuesday, September 24, 2024, Bhatia Communications & Retail (India) Ltd will pay a dividend of Rs 0.01 per share on a face value of Rs 1.
Moving to Wednesday, September 25, 2024, Bajaj Holdings & Investment Ltd will issue an interim dividend of Rs 65 per share, based on a Rs 10 face value. Maharashtra Scooters Ltd will follow with an interim dividend of Rs 110 per share, also on a Rs 10 face value. Starlineps Enterprises Ltd will undergo a stock split (5:1), reducing the face value from Rs 5 to Rs 1 per share, and a bonus issue of 1:5. Swastika Investmart Ltd will execute a stock split, converting the face value from Rs 10 to Rs 2 in a 5:1 ratio.
There are not any corporate action scheduled on Thursday, September 26, 2024.
Friday, September 27, 2024, sees West Leisure Resorts Ltd distributing a final dividend of Rs 0.1 per share on a Rs 10 face value, with a record date of September 28, 2024.
Disclaimer: The article is for informational purposes only and not investment advice.