Don’t Miss Out: Powerful Gains Await as KPI Green Energy and 5 Others Hit Ex-Date Tomorrow!
Several companies, including KPI Green Energy, Godawari Power and Ispat, and Real Eco-Energy, will be in focus today as they prepare to trade ex-date tomorrow, October 4, for corporate actions such as dividends, bonus issues, and stock splits. According to BSE data, Accelya Solutions India and KPI Green Energy are set to trade ex-dividend, having declared final dividends of Rs 40 and Rs 0.20 per share, respectively.
In related developments, Classic Electricals and Shikhar Leasing and Trading are offering bonus shares. Classic Electricals will issue 4,20,375 equity shares to non-promoter shareholders in a 5:1 ratio, while Shikhar Leasing and Trading will distribute 2,77,260 shares in a 3:1 ratio.
Both Real Eco-Energy and Godawari Power and Ispat are executing stock splits. Real Eco-Energy will convert each Rs 10 equity share into five shares of Rs 2 each. Similarly, Godawari Power and Ispat will split Rs 5 shares into five shares of Re 1 each.
The ex-date serves as a critical deadline, indicating the last opportunity for investors to purchase a stock with entitlements to upcoming dividends, bonuses, or splits. To be eligible, investors must own shares before this date. Companies identify eligible investors based on the record date shortly after. The ex-date is the final day for acquiring shares to benefit from forthcoming corporate actions.
Original Story https://www.business-standard.com/markets/news/dividend-bonus-split-kpi-green-energy-5-others-to-go-ex-date-tomorrow-124100300080_1.html
Category :
Tags:
