Dividend Stocks: Shares of several major companies, including Britannia Industries, Eicher Motors, CEAT Ltd, Bharti Airtel, BPCL, Castrol India, Hindalco, among others, will trade ex-dividend starting Monday, August 5, 2024. According to BSE data, some companies have announced other corporate actions, such as share buybacks, bonus issues, and stock splits.
The ex-dividend date is the day the equity share price adjusts to reflect the next dividend payout. It is the day the stock becomes ex-dividend, which means it does not carry the value of its next dividend payment from that day forward. Dividends are payable to all the shareholders whose names appear on the company's list by the end of the record date.
Alembic Ltd, Andhra Paper Ltd, Berger Paints India Ltd, Britannia Industries Ltd, Chambal Fertilisers & Chemicals Ltd, Gandhi Special Tubes Ltd, Greenply Industries Ltd, Hercules Hoists Ltd, Linde India Limited, Menon Pistons Ltd, Rishiroop Ltd, Somany Ceramics Ltd.
Baltiboi Ltd, Bombay Oxygen Investments Ltd, Fermenta Biotech Ltd, Grasim Industries Ltd, IPCA Laboratories Ltd, LT Foods Ltd, Morganite Crucible (India) Ltd, Oriental Aromatics Ltd, TCI Express Ltd, T D Power Systems Ltd, Usha Martin Ltd, West Coast Paper Mills Ltd.
360 One WAM Ltd, Bharti Airtel Ltd, Bombay Dyeing & Mfg. Co. Ltd, Castrol India Ltd, Eicher Motors Ltd, ESAF Small Finance Bank Ltd, Gabriel India Ltd, Infibeam Avenues Ltd, Minda Corporation Ltd, NTPC Ltd, Nuvama Wealth Management Ltd, Tourism Finance Corporation of India Ltd, Vintage Coffee And Beverages Ltd.
Ecoplast Ltd, RITES Ltd, Sealmatic India Ltd.
Alkem Laboratories Ltd, Arvind Fashions Ltd, Ask Automotive Ltd, B&A Packaging India Limited, Bombay Burmah Trading Corp. Ltd, Bharat Heavy Electricals Ltd, Black Rose Industries Ltd, BPCL, CEAT Ltd, City Union Bank Ltd, Endurance Technologies Ltd, Equitas Small Finance Bank Ltd, Hindalco Industries Ltd, Hindustan Petroleum Corporation Ltd (HPCL), Indag Rubber Ltd, International Travel House Ltd, Jammu & Kashmir Bank Ltd, JK Lakshmi Cement Ltd, Joindre Capital Services Ltd, Kalyan Jewellers India Ltd, Kaycee Industries Ltd, Kaycee Industries Ltd, KEC International Ltd, Kolte-Patil Developers Ltd, KPIT Technologies Ltd, Mafatlal Industries Ltd, Magna Electro Castings Ltd, Mangalore Refinery & Petrochemicals Ltd, Nath Bio-Genes (India) Ltd, Netweb Technologies India Ltd, QGO Finance Ltd, The Ramco Cements Limited, Ramco Industries Ltd, REC Ltd, R K Swamy Ltd, Sportking India Ltd, TajGVK Hotels & Resorts Ltd, Tega Industries Ltd, Vaibhav Global Ltd, Varun Beverages Ltd, Wonderla Holidays Ltd.
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Rajoo Engineers Ltd declared a bonus issue in the ratio 1:1. Shares will trade ex-bonus on August 8.
Aartech Solonics Ltd declared a bonus issue in the ratio 1:2. Shares will trade ex-bonus on August 9.
Caspian Corporate Services Ltd declared a bonus issue in the ratio 2:1. Shares will trade ex-bonus on August 9.
DJ Mediaprint & Logistics Ltd declared a bonus issue in the ratio 2:1. Shares will trade ex-bonus on August 9.
Gujarat Themis Biosyn Ltd declared a bonus issue in the ratio 1:2. Shares will trade ex-bonus on August 9.
Maruti Infrastructure Ltd declared a bonus issue in the ratio 1:2. Shares will trade ex-bonus on August 9.
Sakuma Exports Ltd declared a bonus issue in the ratio 4:1. Shares will trade ex-bonus on August 9.
A bonus issue is a corporate action that offers existing shareholders the opportunity to subscribe for additional shares. Instead of increasing the dividend payout, companies offer to distribute additional shares to the shareholders. For example, the company may give out one bonus share for every ten shares held.
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Aayush Wellness Ltd will undergo a stock split from ₹10 to ₹1. Shares will trade ex-split on August 5.
Aartech Solonics Ltd will undergo a stock split from ₹10 to ₹5. Shares will trade ex-split on August 9.
Balmer Lawrie Investments Ltd will undergo a stock split from ₹10 to ₹1. Shares will trade ex-split on August 9.
Filatex Fashions Ltd will undergo a stock split from ₹5 to ₹1. Shares will trade ex-split on August 9.
Maruti Infrastructure Ltd will undergo a stock split from ₹10 to ₹2. Shares will trade ex-split on August 9.
Rushil Decor Ltd will undergo a stock split from ₹10 to ₹1. Shares will trade ex-split on August 9.
Thinkink Picturez Ltd will undergo a stock split from ₹5 to ₹1. Shares will trade ex-split on August 9.
A stock split is a corporate action that occurs when a company issues additional shares to shareholders to boost liquidity. The total number of shares issued is increased by a specified ratio based on the shares held previously.
However, the number of shares outstanding increases by a specific multiple, the total value (in rupees) of all shares outstanding remains the same because a split does not change the company's value. The most common split ratios are 2-for-1 or 3-for-1 ( denoted as 2:1 or 3:1). For every share held before the split, each stockholder will have two or three shares, respectively, after the split.
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Marble City India Ltd: E.G.M. on August 7
Nexus Select Trust: Income Distribution RITES on August 7
Zinema Media And Entertainment Ltd: E.G.M. on August 8
Cube Highways Trust: Income Distribution (InvIT) on August 9
Melstar Information Technologies Ltd: Resolution Plan -Suspension on August 9
Swiss Military Consumer Goods Ltd: Right Issue of Equity Shares on August 9
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