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Stock Splits & Big Payouts: Investor Week Ahead!
4 Oct
Summary
- Several listed companies will trade ex-date for stock splits, dividends, and bonus issues.
- NMDC, PTC India, and Accelya Solutions India will pay dividends.
- GTV Engineering, PH Capital, and Mold-Tek group companies to issue bonus shares.
A significant week for investors is set to unfold between October 5 and October 9, marked by numerous corporate actions. Several publicly traded companies have scheduled record dates for stock splits, dividend distributions, and bonus share issuances, impacting shareholders directly.
BLS E-Services Ltd. will execute a stock split on October 6, dividing each Rs 10 share into two Rs 5 shares. Similarly, Shankara Buildpro Ltd. has set October 8 for a stock split, reducing its share face value from Rs 10 to Rs 2.
Dividend announcements include NMDC Ltd.'s final dividend of Re 1 per share on October 5. PTC India Ltd. will determine eligibility for its Rs 5.5 per share dividend on October 7. Accelya Solutions India Ltd. has scheduled October 9 for a substantial final dividend of Rs 35 per share.
Bonus share issuances are also prominent. GTV Engineering will offer a 2:1 bonus on October 7, with PH Capital Ltd. providing a 10:1 bonus on the same day. Mold-Tek Technologies and Mold-Tek Packaging will both conduct 1:1 bonus issues on October 9.
