Business News

Reliance Industries, Tech Mahindra and Mazagon Dock among a host of other companies are likely to remain in focus this 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 to receive the offer. To be eligible for a buyback offer, bonus issue or a stock split, the shares should be in the demat account on the record date.Shareholders who buy the stock at least one day before the ex-date are eligible for dividends as settlement happens the next day. Those buying the stock on the ex-date are not eligible for dividends/splits/bonus issues etc.Here is a list of stocks that have their ex-dates for various purposes this week:Monday, October 28DividendElecon Engineering Company announced a dividend of Rs 0.5 per share.ICICI Lombard General Insurance Company announced an interim dividend of Rs 5.5 per share.KSolves India announced an interim dividend of Rs 8 per share.Bonus issueReliance Industries (RIL) has fixed October 28 as the record date for the purpose of their 1:1 bonus issue.Rights issueShangar Decor had announced October 28 as the record date for the purpose of their rights issue of 7 shares for every share held by the shareholders at a price of Rs 5.76.Stock splitDr, Reddy’s Laboratories announced a stock split from a face value of Rs 5 per share to Re 1 per share.Tuesday, October 29DividendInfosys declared an interim dividend of Rs 21 per share.Route Mobile had announced an interim dividend of Rs 6 per share.Stock splitQuasar India announced a split of its shares from a face value of Rs 10 per share to Re 1 per share.Wednesday, October 30DividendCRISIL announced an interim dividend of Rs 15 per shareGabriel India had announced an interim dividend of Rs 1.75 per share.Mazagon Dock Shipbuilders announced an interim dividend of Rs 23.19 per shareSupreme Industries declared an interim dividend of Rs 10 per shareStock splitJash Engineering will be splitting its stock from a face value of Rs 10 per share to Rs 2 per shareKck Industries will be splitting its shares from a face value of Rs 10 per share to Rs 2 per shareMaster Trust will be splitting its shares from a face value of Rs 5 per share to Re 1 per shareThursday, October 31DividendBalkrishna Industries declared an interim dividend of Rs 4 per shareBhansali Engineering Polymers announced an interim dividend of Re 1 per shareBirlasoft declared an interim dividend of Rs 2.5 per shareCeenik Exports (India) had declared a dividend of Rs 15 per shareDodla Dairy announced an interim dividend of Rs 3 per shareGodrej Consumer Products announced an interim dividend of Rs 5 per shareJulien Agro Infratech announced an interim dividend of Rs 0.05 per shareNTPC declared an interim dividend of Rs 2.5 per shareRamkrishna Forgings will be paying an interim dividend of Re 1 per shareR R Kabel announced an interim dividend of Rs 2.5 per shareSupreme Petrochem announced an interim dividend of Rs 2.5 per shareTech Mahindra announced an interim dividend of Rs 15 per shareTransport Corporation Of India announced an interim dividend of Rs 3.5 per shareBonus issueSellwin Traders announced a bonus share issue in the ratio of 1:8Stock splitSellwin Traders will be splitting their shares a face value of Rs 10 per share to Rs 2 per share(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)