Dividend, split, rights issue, buyback next week: Shares of Hexaware Technologies, L&T Technology Services, Cyient Limited, Shriram Finance, Chennai Petroleum Corporation Limited, Sagility Limited, etc, will remain in focus in the coming week as these firms have fixed record dates for multiple corporate actions.
At least 25 companies have fixed record dates next week (between Monday, October 26 and Friday, October 30) for dividend, stock split, rights issue, buyback, resolution plan, income distribution, etc. For investors who closely track corporate actions, here are all the details to know.
Hexaware Technologies, L&T Technology Services, Cyient Limited, Nippon Life India Asset Management, Crisil Limited, Ksolves India Limited, Shriram Finance, Ador Welding Limited, Amwill Healthcare, Chennai Petroleum Corporation, DCM Shriram, Hypersoft Technologies, RailTel Corporation of India, Sagility, and Steel Strips Wheels have fixed record date for dividend.
Midaas Fashions Limited, Chandni Machines Ltd, Galaxy Agrico Exports Ltd, and Meenakshi India Ltd, have fixed record dates to determine the eligibility of shareholders for the payout. Investors must own the stock before the record date to qualify for the stock split.
Magnus Steel and Infra Ltd has fixed October 27 as the record date to determine the eligibility of shareholders for the right issue of equity shares. Secondly, Interactive Financial Services Ltd has fixed October 30, as the record date to determine eligibility of shareholders for right issue of equity shares.