SUMMARY
From Shakti Pumps issuing five free shares to Akzo Nobel’s ₹70 per share dividend, here are some of the top corporate actions for the upcoming week.
From companies issuing dividend to the tune of ₹70 to even ₹95 per share to a company issuing five free shares for every one share held, multiple corporate actions are in store during this upcoming truncated week. Here is a look at these companies.
While most of the attention right now is what Akzo Noble promoters do with their stake in the Indian entity, the commpany will begin trading ex-dividend for the ₹70 per share payout it announced earlier. The record date for the same has been fixed as Wednesday, November 20, 2024.
Stocks like Asian Paints (₹4.25 per share), Ashok Leyland (₹2 per share) and Chambal Fertilisers (₹5 per share) have all fixed their record date as Tuesday, November 19, 2024.
ESAB India too had announced a healthy dividend payout of ₹25 per share earlier and the record date for the same has also been fixed as November 20.
MRF, who declared its usual ₹3 per share dividend along with its results, has also fixed its record date as November 9, 2024.
Procter & Gamble Hygiene & Healthcare, who announced a dividend of ₹95 per share alongside its results, has fixed November 20 as the record date for its payout.
Veedol Corporation had declared an interim dividend of ₹20 per share and the record date for the same has been fixed as November 22, 2024.
Stocks like Balrampur Chini (₹3 per share), EPL Ltd. (₹2.5 per share), IPCA Labs (₹2 per share) and PFC (₹3.5 per share), have all fixed their respective record dates as November 25, 2024, which happens to be next Monday.
Shakti Pumps, whose shares are currently in the Long-term ASM Framework, had announced the issue of five bonus shares for every one share held by the shareholders as of the record date, which has now been fixed as November 25, 2024.