Dividend, Bonus Issues, Stock Splits Today: Colab Cloud, Kesar India, TVS Motors, KEI Industries, Rama Steel Tubes, And Sudarshan Chemical Industries Limited- Check Key Details (image source: IStock)
Dividend, Bonus Issues, Stock Splits Today: Several companies including Colab Cloud Platforms, Kesar India, TVS Motor Company Limited, KEI Industries Limited, Rama Steel Tubes Limited, and Sudarshan Chemical Industries Limited have all made corporate announcements regarding corporate actions and dividends.
Stock Market Today: GIFT NIfty on Tuesday at 9:05 am was down by 70 points or 0.32 per cent. The index hinted at a negative territory start for the D-Street.
Ahead of the market opening take a look at the stocks that are in focus due to its corporate actions like stock splits, dividends, bonus issues and other details.
Dividend, Bonus Issues, Stock Splits Today
Colab Cloud Platform Stock Split And Bonus Issue
The small-cap IT services company Colab Cloud Platforms has declared a stock split from Rs 10 per equity share to Re 2 per equity share, with a record date of March 19. Additionally, the company has announced a bonus issue in a 1:1 ratio.
Kesar India Bonus Isuue
Kesar India has declared a bonus in the ratio of 6:1, with a record date of March 19.
TVS Motor Company Limited Dividend
TVS Motor Company Limited has approved a remarkable 800 per cent dividend payment, amounting to Rs 8 per equity share with a face value of Re 1 each for the current fiscal year.
KEI Industries Limited Dividend
KEI Industries Limited has approved a substantial 175 per cent dividend payment, amounting to Rs 3.50 per equity share with a face value of Rs 2 each for the financial year 2023-24.
Rama Steel Tubes Limited Dividend
Rama Steel Tubes Limited has announced a bonus in a ratio of 2:1. This means shareholders will receive 2 new equity shares for every 1 existing equity share of Re 1 face value. The record date for this bonus issue is yet to be announced.
Sudarshan Chemical Industries Limited Dividend
Sudarshan Chemical Industries Limited has approved a significant 180 per cent dividend payment, amounting to Rs 3.60 per equity share with a face value of Rs 2 each for the financial year 2023-24.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Today Technology Market ResearchDigital suggests its readers/audience to consult their financial advisors before making any money related decisions.)
