New Delhi: This week, many companies will trade on ex-date for stock splits, dividends, nonissues, issues, and issues under their various corporate actions. The record date for bonus shares and stock split has been fixed as 10 December 2024. These shares may be affected before this date.
Several other companies will also announce corporate actions this week, including bonus issues, stock splits, rights, issues, and dividends. These companies include Quasar India, Scenic Exports (India), Exa oro Tiles, and others.
Among them, shares of Achyuta Healthcare Limited, a leading pharmaceutical company, will be in focus of investors next week. The company has announced a bonus share issue and stock split, with a record date of December 10, 2024. Before this date, the company's shares will trade on the ex-date, which will have an impact and may provide new opportunities to investors.
Achyuta Healthcare has announced the issue of bonus shares in the ratio of 4:10, i.e. 4 bonus shares will be given for every 10 fully paid shares. Along with this, the company has also announced a stock split, in which a share with a face value of ₹ 10 will be reduced to 10 equity shares of ₹ 1. This change can be important for investors as it will reduce the share price and provide an opportunity for more investors to buy shares. The market cap of the company is ₹ 131.31 crore, and its face value is ₹ 1.
Shradha AI Technologies Ltd has announced a stock split on 10 December 2024 to reduce the face value of ₹ 5 shares to ₹ 2 shares. The record date is also 10 December 2024. Quasar India Ltd has announced a rights issue for its shareholders on 11 December 2024. From this day, the company's shares will trade on the ex-date for the rights issue. The record date is also 11 December 2024.
Avonmore Capital & Management Services Ltd has announced a rights issue on 12 December 2024, under which the company will issue new equity shares. Golkonda Aluminium Extrusions Ltd will hold its Special General Meeting (EGM) on December 12, 2024, in which important decisions will be taken from the shareholders.
CEENIK EXPORTS LTD. has announced a final dividend of ₹1 per share to its investors on December 13, 2024. Exxaro Tiles Ltd has announced a stock split on December 13, 2024, to reduce its shares with a face value of ₹10 each into 10 equity shares of ₹1 each.
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