Particle.news
Download on the App Store
3 ARTICLES
·
4w ago

Nearly 40 Indian Firms Schedule Dividends, Bonus Shares and Splits From June 30 to July 4

Record dates set by shareholder approvals at AGMs determine eligibility under India’s T+1 settlement cycle

dividends
Image

Overview

  • Investors must complete share purchases before each ex-dividend date to qualify for payouts under India’s T+1 settlement cycle.
  • Indian Hotels Company Ltd will offer a ₹2.25 per share final dividend with both the ex-date and record date on June 30.
  • Nestle India Ltd has set a ₹10 per share final dividend with both the ex-date and record date on July 4.
  • Container Corporation of India will distribute bonus shares at a 1:4 ratio and Paras Defence and Space Technologies will split shares from ₹10 to ₹5, both effective on July 4.
  • Mirc Electronics Ltd and T T Ltd have rights issues with ex-dates of June 30 and record dates of July 4, allowing existing shareholders to subscribe to new equity.