Banco Products, Vinati Organics and Dangee Dums among 5 stocks in focus on dividend, bonus shares, rights issue and stock split updates today
Dividend, bonus shares, rights issue and stock split news: As many as five stocks will be in focus on Tuesday, based on corporate announcement by respective companies.
Corporate Watch: These stocks are Banco Products, Dangee Dums, GAIL India, Vinati Organics and Suditi Industries. Banco Products, Vinati Organics will turn ex-dividend on Tuesday, while others will see action due to bonus shares, stock split and rights issue announcements by these companies.
Banco Products dividend date 2022:
The Board of Directors pf Banco Products has announced a final dividend of RS 20 per share. The stock will start trading ex-dividend starting Tuesday. Banco Products dividend record date 2022 is September 7. Shares of this auto components and equipment manufacturer ended with a gain of one per cent to Rs 256.95 on the BSE on Tuesday. Source: Pixabay
Vinati Organics dividend date 2022
This specialty chemicals' firm has declared a final dividend of Rs.5 per share for eligible shareholders. The counter will turn ex-dividend tomorrow. Vinati Organics dividend record date 2022 is September 8. Shares of Vinati Organics gained over two per cent to Rs 2288 per share on the BSE on Tuesday. Source: Pixabay
Dangee Dums bonus/stock split date 2022
Gujarat-based leading Cake and Ice-Cream brand has approved the proposal to split the company's shares and increase the authorised share capital of the company. Dangee Dums bonus and stock split record date is September 7. The board approved a bonus issue in the ratio of 1:2 i.e. One new bonus equity share of Rs 1 each for every two existing fully paid equity shares of Rs 1 each. The company also recommended the proposal for subdivision of the company's 1 equity share of the face value of Rs 10 each into 10 equity shares of the face value of Rs 1 each. Shares of Dangee Dums ended around three pr cent lower ahead of the record date on September 7. Source: Pixabay
GAIL bonus date 2022
Shares of oil and gas company, GAIL India, jumped one per cent in BSE intraday trade ahead of trading ex-bonus from Tuesday, September 6, 2022. The energy counter closed at 136.75 per share on Monday. GAIL Bonus shares record date is September 7. The Board of Directors of GAIL India has announced one new share for every two shares held by eligible shareholders on the cut-off date. Source: Pixabay
Suditi Industries rights issue date 2022
Suditi Industries Board of Directors has approved rights issue as per which eligible shareholders will be allotted five extra shares against every 9 shares held by them. Suditi Industries rights issue price has been fixed at Rs 30 per share. Suditi Industries rights issue record date 2022 is September 6. Shares of textile products maker ended flat at Rs 34.05 per share on the BSE on Tuesday. Source: Pixabay