Stock News: Next week, investors will see corporate action in 8 stocks including Mazagon Dock to Vedanta. Many of these stocks will be in focus regarding their dividends. So in some, investors will see corporate actions like bonus issues and stock splits. Let us know about these shares one by one-
1. Vedanta
Vedanta has declared a fourth interim dividend of Rs 8.5 per equity share (face value ₹1) for FY 2024-25. This means investors will be paid a whopping Rs 3,324 crore. The record date for this is Tuesday 24 December 2024.
2. Mazagon Dock Shipbuilders
Indian government-owned Mazagon Dock Shipbuilders has announced to split its shares in the ratio of 2:1. The company will split each of its shares of face value of Rs 10 into 2 shares of face value of Rs 5 each. The record date for this is 27 December 2024.
3. Aayush Wellness
Ayush Wellness will issue bonus shares in the ratio of 1:2, which means shareholders will get one bonus share for every two shares held. The record date of this move is Thursday, December 26, 2024.
4. Bharat Global Developers
This company has announced two corporate actions. The company has announced bonus issue in the ratio of 8:10 and stock split in the ratio of 10:1. The record date for both actions is Thursday, December 26, 2024.
5. Evans Electric
The company will issue bonus shares in the ratio of 1:1, doubling the shareholders’ holding. The record date is Thursday, December 26, 2024. Evans Electric is currently under Additional Surveillance Measures (ASM – Phase 1) from the exchanges.
6. NMDC
NMDC has fixed December 27, 2024 as the record date for its 2:1 bonus share issue, in which two new equity shares will be allotted for every existing share. Due to this, more than 586 crore equity shares will be issued.
7. Anupam Finserv
Anupam Finserv has announced a rights issue of over 11.5 crore equity shares at ₹1.75 per share, including a ₹0.75 premium. The record date is Friday, December 27, 2024.
8. Dhanlaxmi Bank
The rights issue of Dhanlaxmi Bank will open on January 8, 2025 and close on January 28, 2025. The record date for this ₹21 per share rights issue is December 27, 2024.
Also read- Will there be a decline in the stock market next week also? Nifty can touch level of 23,263: Sudeep Shah