According to BSE data, shares of Jupiter Wagons and KP Energy will trade ex-date on Monday, as they have announced dividends of Re 1 and Rs 0.10, respectively.
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Shares of Geojit Financial Services will trade ex-date on Monday as the company’s’ board of directors has approved the Rights Issue price of Rs 50 per equity share (including a premium of Rs 49 per equity share over the face value of Re 1 per equity share) and a rights entitlement ratio of one equity share for every six equity shares (1:6) held by eligible equity shareholders of the company as of the record date, i.e., October 7, 2024.
Geojit Financial Services is under the Additional Surveillance Measure (ASM) Long Term – Stage 1 on the BSE.
State-owned Navratna company NBCC’s shares will also trade ex-date on Monday as the company’s board of directors has recommended the issuance of bonus shares to the shareholders in the ratio of 1:2, i.e., 1 new fully paid-up equity share of Re 1 each for every 2 existing fully paid-up equity shares of Re 1 each.
NBCC (India) is also under the Additional Surveillance Measure (ASM) Long Term – Stage 1 on the BSE.
Stocks trading ex-date today
That said, Accelya Solutions India and KPI Green Energy will turn ex-dividend today, having announced final dividends of Rs 40 and Rs 0.20 per share, respectively, according to BSE data. Classic Electricals, and Shikhar Leasing & Trading will trade ex-date today, having announced bonus issues in the ratios of 5:1 and 3:1, respectively.
Meanwhile, Real Eco-Energy, and Godawari Power & Ispat will trade ex-date today for stock subdivisions.
The ex-date marks the cutoff point for receiving upcoming dividends, bonuses, or Rights issue. To be eligible, one must own the stock before the ex-date. Companies use the record date, to identify eligible shareholders and determine who receives the benefits. In essence, the ex-date separates those who are and aren’t eligible for upcoming corporate distributions.
First Published: Oct 04 2024 | 8:50 AM IST