Motherson Sumi Wiring India (MSWIL) had announced bonus share issuance on September 30, 2022. The ratio was two bonus equity share of Re 1 each fully paid up for every five existing equity share of Re 1 each fully paid up (i.e. in the ratio of 2:5) held by the shareholders as on the record date (i.e. November 17, 2022). MSWIL turns ex-bonus today (November 16, 2022).
Minda Industries (MIL) had fixed July 8, 2022 as the record date for bonus issue in the ratio of 1:1 i.e. one bonus equity share of Rs 2 each fully paid up for every existing equity share of Rs 2 each fully paid up. The ex-date for the stock spilt was July 7, 2022.
Bajaj Auto's board of directors have approved share buyback amounting to Rs 2,500 crore (~9-10% of its FY22 net-worth) at a maximum buy-back price of Rs 4,600/share through open market route. The company intends to acquire a minimum of ~2% of its existing outstanding shares.
HDFC Bank has announced a dividend of Rs 15.50 per equity share (with a face value of Re 1 each) for FY22. This is the highest payout in the last 11 years.
PCBL (erstwhile Phillips Carbon Black) had fixed April 12, 2022 as the record date for stock split in the ratio of 1:2 i.e. one existing share of face value Rs 2 gets sub-divided into two shares of face value Re 1 each with overall value of investment for an investor remaining the same. The ex-date for stock spilt was April 11, 2022.
The company made an announcement of bonus shares on January 12, 2022. The ratio was one bonus share for every one equity shares, 1:1. The record date for the same is March 2, 2022 while the ex-date for the same is today, February 28, 2021 (March 1 being a holiday).
The scheme of amalgamation amongst Gateway Distriparks Ltd, Gateway East India Pvt Ltd and Gateway Rail Freight Ltd has been approved by NCLT and is effective from 28th December 2021
TTK Prestige Limited has fixed a record date of December 15, 2021 for purpose of sub-division/stock split of Rs.10/-per Equity Share of the Company into Equity Share of Rs.1/- each
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