Finance1 min read

Upcoming dividend, stock split, buyback record date next week, 16-20 Nov: MRF, SCI, PFC, Power Grid, Venus Pipes, more

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In short

The wave of corporate actions follows gains of nearly 0.70% to 1.30% across the Nifty 50 and Sensex benchmarks over the prior week. Alongside dividends and restructuring, BN Agrochem will subdivide its shares while infrastructure trusts handle income distributions. Additional schedules cover rights issues for two firms and a share repurchase program. Medi Assist Healthcare Services Ltd has established November 20 as the critical record date for its buyback.

Key points

  • Powergrid Infrastructure Investment Trust and Capital Infra Trust scheduled income distri…: Powergrid Infrastructure Investment Trust and Capital Infra Trust scheduled income distribution record dates for November 17 and November 18.
  • Dr Agarwals Eye Hospital designated November 18 as its official record date regarding an…: Dr Agarwals Eye Hospital designated November 18 as its official record date regarding an upcoming amalgamation.
  • Medi Assist Healthcare Services Ltd established November 20 as the record date to qualify…: Medi Assist Healthcare Services Ltd established November 20 as the record date to qualify for its share buyback program.

Sources checked by our analysis pipeline: 1

Upcoming dividend, stock split, buyback, right issue next week: Shares of MRF, Nile, Power Finance Corporation, Shipping Corporation of India, Cochin Shipyard, etc will remain in focus in the coming week due to their record dates for corporate actions like dividend, stock split, buyback, right issue, etc.

Meanwhile, Nifty 50 and Sensex ended the week with nearly 0.70%-1.30% gain, as the benchmark indices continued their winning streak for the third consecutive week. For investors who closely track these corporate actions here are all the details to know.

Upcoming stock split record date

There is only one stock split record date scheduled for this week. BN Agrochem has announced a stock split from ₹10 to ₹1. Which means that every stock (with face value of ₹10) will be split in 10 stocks (with face value of Re 1 each). The company’s board has fixed Monday, November 16 as the record date.

Upcoming record dates this week for income distribution, amalgamation

Powergrid Infrastructure Investment Trust and Capital Infra Trust have fixed record dates for income distribution (InvIT) corporate action, ie on November…

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