SUMMARY
From Sky Gold’s nine free shares for every one share held to stock split from PC Jewellers and Exxaro Tiles, these are the corporate actions that are lined up for the week.
Multiple companies from PC Jewellers to Sky Gold among others will have their stock splits, bonuses and other corporate actions take place through the course of the week. Here is a look at these companies.
Achyut Healthcare: The company has announced a bonus issue of 4:10, which means four free shares for every 10 shares held. Additionally, it has also announced a stock split where it will divide one share of ₹10 into ten shares of ₹1 each. The record date for both has been fixed as December 10, 2024. However, it must be noted that the stock has a market capitalisation of only ₹130 crore and is currently under Stage 1 of the Additional Surveillance Measures (ASM) framework.
Stocks like Avonmore Capital & Management Services will also also have their record date for the rights issue of equity shares, which has been fixed as December 12, 2024. Avonmore has a market capitalisation of ₹415 crore.
Exxaro Tiles | The company had announced a stock split, where it will split one share of ₹10 into 10 shares that will have a face value of ₹1 per share. The record date for the same has been fixed as Friday, December 13.
PC Jewellers | The jewellery company that has seen a recovery from the lows in recent times also announced a stock split where one share with a face value of ₹10 into ten shares of face value of ₹1 each. The record date for the stock split has been fixed as December 16.
Sky Gold | The company had announced that it will issue nine free shares to shareholders for every one share held by them at the record date, which has been fixed as December 16.