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As many as four stocks will trade ex-bonus this week. From Pidilite to Adani Power, these stocks will have their record dates for their bonus issue, stock splits and dividends announced earlier.
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10 important companies, that announced dividends, bonus issues, or stock splits, and spin-offs of their businesses, will be seeing their respective record dates during the upcoming week. Here's a look at those companies:
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Adani Power | The company, along with its quarterly results, had announced a stock split, where one share of ₹10 each, will be split into five shares of ₹2 each. The stock will start trading adjusted for the stock split on Monday, September 22, as it is the record date for the same.
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Bajaj Holdings | The Bajaj Group company recently announced an interim dividend of ₹65 per share, and the record date for that has been fixed as Monday, September 22.
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Maharashtra Scooters | Another Bajaj Group, dividend paying company, announced an interim dividend of ₹160 per share last week, and the record date for this is also fixed as Monday, September 22.
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Monte Carlo | The apparel manufacturer had announced its final dividend worth ₹20 per share recently, and the record date for that has been fixed as Monday, September 22.
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Sandur Manganese | The company had announced a bonus issue of shares, where it will be issuing two bonus shares to shareholders for every one share that they hold. The record date for the bonus issue of shares has been fixed as Monday, September 22.
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India Glycols | The company had announced a final dividend of ₹10 per share, and the record date for that has been fixed as Tuesday, September 23.
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Shankara Building Products | Shankara Building Products is set to spin-off its trading business into a separate company, Shankara Buildpro Ltd. Shareholders of the currently listed entity will be receiving one share of the spun-off entity for every one share they currently hold. Record date for the spin-off has been fixed as Wednesday, September 24.
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Pidilite | The adhesives manufacturer had announced a bonus issue of shares, enabling shareholders to receive one free share for every one share they hold. The record date for the 1:1 bonus issue has been fixed as Tuesday, September 23.
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Time Technoplast | Another company that will be trading ex-bonus from Tuesday is Time Technoplast. The company had announced a 1:1 bonus, meaning shareholders will receive one bonus share for every one share held.
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Nazara Technologies | The gaming company had announced a bonus issue, as well as a stock split of its equity share earlier. The company will split one share of ₹4 into two shares of ₹2, and will also issue one bonus share for every one share held. The record date for both has been fixed as Friday, September 26.
