2 days ago

Vedanta, TCS Dividends and Share Actions Set for Next Week

Several companies have shareholder-related events scheduled for next week.

These include dividends, rights issues, a bonus issue, stock splits and share consolidations.

A record date helps determine which shareholders can take part in an offer or receive a payment.

Ola Electric Mobility plans to offer partly paid shares at Rs 27 each.

Vedanta has approved an interim dividend of Rs 5 per share.

TCS may declare another interim dividend, but the article says it is not yet confirmed.

Samor Reality and Bansal Wire Industries are scheduled to split their shares.

The article does not give the consolidation ratios for AvenuesAI or Noble Polymers.

Key facts

Ola rights issue: 37,02,72,665 partly paid-up equity shares at Rs 27 each; issue size about Rs 999.73 crore.
Ola cited market price: Rs 36.32; the issue price is described as a 26% discount.
Vedanta interim dividend: Rs 5 per equity share for FY27; estimated payout around Rs 1,955 crore.
TCS dividend: Second interim dividend is subject to declaration; the record date is October 14.
Samor Reality split: Face value changes from Rs 10 to Rs 2 per share.
Bansal Wire Industries split: Face value changes from Rs 5 to Re 1 per share.
Other corporate actions: JOJO Ltd has a 1:1 bonus issue; AvenuesAI and Noble Polymers have consolidations with ratios not specified.

businesstoday.in · 2 days ago