Oil India among 10 stocks in focus this week for bonus issues, stock splits, and buybacks
Oil India and Vertoz Advertising, among other companies, are set to be in the spotlight this week as they near their record dates for bonus issues, stock splits, buybacks, and demergers. The record date, determined by each company, determines eligibility for these corporate actions, requiring shares to be held in a Demat account on that date to qualify.
and , along with several other companies, are expected to remain in focus this week as they approach their record dates for bonus issues, stock splits, buybacks, and demergers.The record date is set by the company to determine which shareholders are eligible to receive the offer. To qualify for a buyback offer, bonus issue, or stock split, shares must be held in the Demat account on the record date.
Here is a list of stocks approaching their record date for various corporate actions this week:
July 1
Demerger |
Oriental Carbon & Chemicals: The board of Oriental Carbon has fixed July 1st as the record date for determining eligible shareholders.July 2
Buyback |
Bajaj Consumer Care: has announced a Rs 166.49-crore share buyback. The record date for this buyback is July 2nd.
Bonus issue |
Oil India: The record date for the 1:2 bonus split has been fixed as July 2nd.July 3
Bonus issue | GPT Infraprojects:
GPT Infraprojects will be issuing bonus shares in the ratio 1:1. The record date for this purpose has been fixed as July 3rd.
Stock split | Worth Investment & Trading:
The company will be splitting its shares from a face value of Rs 10 per share to Re 1 per share. The record date for this will be July 3rd.July 4
Buyback |
: eClerx has announced a Rs 385 crore buyback, with the record date set for July 4th.July 5
Bonus issue
Vertoz Advertising:
The company intends to issue bonus shares in the ratio of 1:1, with the record date set for July 5th.
Remedium Lifecare:
The company has announced a bonus issue in the ratio of 1:3, with the record date set for July 5th.Stock split
Remsons Industries:
The company intends to split its shares from a face value of Rs 10 per share to Rs 2 per share. The record date for this action is July 5th.
Vertoz Advertising:
Vertoz Advertising will be splitting its shares from a face value of Rs 10 per share to Re 1 per share, with the record date set for July 5th.(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Source: Stocks-Markets-Economic Times
