Dividend, stock split, bonus issue, record date next week: The coming week is set to be packed with corporate actions like dividend, stock split, bonus issue, rights issues. Infosys, Mazagon Dock Shipbuilders, Asian Paints, Coal India, Concord Biotech, Godrej Consumer Products, and Varun Beverages are among the 50 companies that have fixed record dates for these corporate actions.
Meanwhile, the Indian stock market reversed its losses this week, as Nifty 50 ended with 2.50% gain, whereas, BSE Sensex closed 1.60% higher. The stock market rally this week was driven by strong performance in the IT and pharmaceutical sector stocks. As investors plan their coming week, here are all the details to know.
Colgate Palmolive India, Route Mobile, Tanla Platforms, Asian Paints, Godrej Consumer Products, etc have fixed record dates for the coming week. To become eligible for the corporate action, investors must own the stock before the record date.
Crescentis Capital Limited, Suvidhaa Infoserve Limited have fixed Wednesday, November 4, as the record date to determine the eligibility of shareholders for the corporate action.
Concord Biotech Limited is the only company that has fixed record date for the coming week for bonus issue, as per BSE data as on October 31. The company has fixed November 4 as the record date for bonus issue in the ratio of 1:1.