What is the story about?
As many as five companies will be witnessing record dates for the respective corporate actions announced earlier, including bonus issues, stock splits and rights issues. Here's a look at that list for the upcoming week:
The company has announced that it will be raising a sum of ₹314 crore through the rights issue and the record date for this has been fixed as Monday, December 8. This means, shareholders who had shares of the company as of closing on Friday, will only be eligible to participate in the rights issue. The stock will begin trading adjusted for the rights issue on Monday.
The company had announced during its results that it will be splitting one share of ₹10 each into five shares of ₹2 each. The record date for this stock split has been fixed as Friday, December 12.
The company has fixed Friday, December 12 as the record date for multiple corporate actions. The stock will trade adjusted for its bonus issue, as well as its stock split. The company has announced the issue of one bonus share for every one share held (1:1), while it will also be splitting one share of ₹10 into two shares of ₹5 each.
The company had announced a share buyback where it will be repurchasing shares at a price of ₹330 apiece, which is a 20% premium to the then previous day's closing price. The stock is down over 85% from its 2021-peak. The record date for the share buyback has been fixed as Friday, December 12.
The record date for the company's ₹100 crore share buyback announced recently has been fixed as Friday, December 12. The buyback price has been fixed as ₹380 per share.
Deccan Gold Mines
The company has announced that it will be raising a sum of ₹314 crore through the rights issue and the record date for this has been fixed as Monday, December 8. This means, shareholders who had shares of the company as of closing on Friday, will only be eligible to participate in the rights issue. The stock will begin trading adjusted for the rights issue on Monday.
Mrs. Bectors Food
The company had announced during its results that it will be splitting one share of ₹10 each into five shares of ₹2 each. The record date for this stock split has been fixed as Friday, December 12.
Bharat Rasayan
The company has fixed Friday, December 12 as the record date for multiple corporate actions. The stock will trade adjusted for its bonus issue, as well as its stock split. The company has announced the issue of one bonus share for every one share held (1:1), while it will also be splitting one share of ₹10 into two shares of ₹5 each.
Nureca
The company had announced a share buyback where it will be repurchasing shares at a price of ₹330 apiece, which is a 20% premium to the then previous day's closing price. The stock is down over 85% from its 2021-peak. The record date for the share buyback has been fixed as Friday, December 12.
VLS Finance
The record date for the company's ₹100 crore share buyback announced recently has been fixed as Friday, December 12. The buyback price has been fixed as ₹380 per share.
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