“The Board of Directors of the Company has fixed Tuesday, October 15, 2024 as the record date for determining the rights of shareholders for the purpose of subdivision/split of existing shares,” Abans Enterprises said in a regulatory statement. deposit on the BSE.
Credent Global Finance shares will also be traded ex-date tomorrow following their announcement of the subdivision of 1 share with a nominal value of Rs 10, fully paid, into 5 shares with a nominal value of Rs 2 each, fully paid. . paid. The company has also set Tuesday, October 15, 2024 as the reference date for verifying the eligibility of shareholders entitled to the said matter.
Additionally, shares of Edvenswa Enterprises will be traded today on ex-date following the company’s announcement of a rights issue of up to 45,00,000 equity shares with rights at Rs 60 per rights equity share (including a premium of Rs 50 per rights equity share), for an amount aggregating up to Rs 27 crore (assuming full subscription).
That said, shares of NRB Bearings and Madhuveer Com 18 Network will trade ex-date on October 16 and 17, respectively, for the dividend announcement of Rs 2.50 and Rs 0.05. Meanwhile, Anand Rathi Wealth and Tata Consultancy Services (TCS) will trade ex-date on October 18 against a dividend announcement of Rs 7 and Rs 10 for their shareholders.
In addition, Pondy Oxides and Chemicals and Harshil Agrotech will trade ex-date on October 16 and 17 respectively, and Humming Bird Education, HRG and Sacheta Metals will trade ex-date on October 18, following their announcements of under-allocation of their respective stocks.
The ex-date marks the cut-off point when the purchase of a stock no longer includes the right to future dividends, bonuses or stock splits. To be eligible, investors must purchase the shares before the ex-date. Those who purchase on or after this date are excluded. The company then uses the record date to identify eligible shareholders and distribute profits accordingly.
First publication: October 14, 2024 | 8:45 a.m. STI
