8 months ago
Four Indian Stocks Set Record Dates for Corporate Actions
Four Indian companies have set important dates for giving out rewards to their shareholders.
eClerx Services is buying back some of its shares at ₹4,500 each.
Indian Oil is giving out a dividend of ₹5 per share to its many small shareholders.
Can Fin Homes is deciding whether to give out a dividend, and if they do, the record date is December 19.
Dr. Lal Pathlabs is giving out one free share for every share someone owns, with the record date being December 18.
These actions are ways for companies to share their success with their shareholders.
eClerx Services announces a share buyback of 6.66 lakh shares at ₹4,500 each, with a record date of December 17.
Indian Oil Corporation declares an interim dividend of ₹5 per share, with a record date of December 18, benefiting 29 lakh retail shareholders.
Can Fin Homes to consider an interim dividend, with a record date of December 19 if approved.
Dr. Lal Pathlabs announces a bonus issue of 1 free share for every 1 share held, with a record date of December 18.
Promoters of eClerx Services will not participate in the share buyback.
- Who
- eClerx Services, Indian Oil Corporation, Can Fin Homes, Dr. Lal Pathlabs
- What
- Corporate actions including buybacks, dividends, and bonus issues
- Where
- India
- When
- Record dates set for December 17-19, 2023
- Why
- To reward shareholders and enhance shareholder value
Key facts
- eClerx Services
- Share buyback of 6.66 lakh shares worth ₹300 crore
- Indian Oil Corporation
- Interim dividend of ₹5 per share
- Can Fin Homes
- Interim dividend approval pending, record date December 19
- Dr. Lal Pathlabs
- Bonus issue of 1 free share for every 1 share held
- eClerx Buyback Price
- ₹4,500 per share
- Indian Oil Dividend Payout
- ₹400 crore to 29 lakh retail shareholders
- Dr. Lal Record Date
- December 18 for bonus issue eligibility





