What is the story about?
As many as four stocks, eClerx Services Ltd., Indian Oil Corporation Ltd., Dr. Lal Pathlabs Ltd. and Can Fin Homes Ltd. will be seeing record dates for their respective corporate actions announced earlier, ranging from bonus issues to dividends and share buybacks.
Here's a look at the stocks in detail:
The company had announced a share buyback of up to 6.66 lakh equity shares worth ₹300 crore in October this year.
The buyback price of ₹4,500 is exactly the same price at which the stock closed last Friday.
Promoters will not be participating in the share buyback.
Record date to determine the eligibility of shareholders who can participate in the buyback, has been fixed as Wednesday, December 17.
This means that those shareholders, who have shares of eClerx in their demat account as of Tuesday's closing, will be eligible to tender their shares in the buyback process.
India's largest downstream refiner on Friday, announced an interim dividend payout of ₹5 per share.
As many as 29 lakh retail shareholders of Indian Oil, will receive dividend payouts worth nearly ₹400 crore from the company.
Record date for the said dividend payout has been fixed as Thursday, December 18.
The board of Can Fin Homes is set to meet today to consider an interim dividend for its shareholders.
In case the board approves a dividend payout, the record date for the dividend has been fixed as Friday, December 19.
The healthcare services provider announced its first bonus issue for its shareholders on October 31.
The company will be issuing one free share for every one share held by them as of the record date, which has been fixed as Friday, December 19.
Those who have shares of Dr. Lal in their demat account as of December 18, will be eligible to receive the bonus shares.
Here's a look at the stocks in detail:
eClerx Services
The company had announced a share buyback of up to 6.66 lakh equity shares worth ₹300 crore in October this year.
The buyback price of ₹4,500 is exactly the same price at which the stock closed last Friday.
Promoters will not be participating in the share buyback.
Record date to determine the eligibility of shareholders who can participate in the buyback, has been fixed as Wednesday, December 17.
This means that those shareholders, who have shares of eClerx in their demat account as of Tuesday's closing, will be eligible to tender their shares in the buyback process.
Indian Oil Corporation
India's largest downstream refiner on Friday, announced an interim dividend payout of ₹5 per share.
As many as 29 lakh retail shareholders of Indian Oil, will receive dividend payouts worth nearly ₹400 crore from the company.
Record date for the said dividend payout has been fixed as Thursday, December 18.
Can Fin Homes
The board of Can Fin Homes is set to meet today to consider an interim dividend for its shareholders.
In case the board approves a dividend payout, the record date for the dividend has been fixed as Friday, December 19.
Dr. Lal Pathlabs
The healthcare services provider announced its first bonus issue for its shareholders on October 31.
The company will be issuing one free share for every one share held by them as of the record date, which has been fixed as Friday, December 19.
Those who have shares of Dr. Lal in their demat account as of December 18, will be eligible to receive the bonus shares.
