Pharmaceutical Company Announces 55% Dividend Yield – Have Shares in this Firm?
In today's business update, we bring you a round-up of key events and market happenings.
Piyush Goyal, India's Minister of Commerce and Industry, has dismissed US tariffs on India as a 'blip', emphasizing the strength of long-term ties between the two nations. Meanwhile, Mukesh Ambani, the chairman of Reliance Industries, has hailed GST 2.0 as a historic 'Diwali gift' to India.
On the dividend front, Navratna PSU has announced a record date for a 50% payment on each share, offering a high-dividend yield of 5%. The dividend amount for an unspecified company is Rs 28.75. It's worth noting that the record date for Jeena Sikho Lifecare Ltd, another company, is also set, but the exact date remains undisclosed.
In terms of stocks to watch, Varun Beverages, NTPC, Zydus Lifesciences, IHCL, and more are on the radar for today's trading. However, no new information about the impact of the GST rate revision on inflation has been provided.
Regarding the stock market, the ex-date for 17 unspecified stocks is September 8. Interestingly, BSE and NSE are not mentioned to be closed for Eid-e-Milad in the latest updates.
As for Jeena Sikho Lifecare Ltd, while the exact date for their AGM (Annual General Meeting) is not publicly available, it's been confirmed that the company has a record date associated with their AGM event. More details about the AGM are yet to be disclosed.
Stay tuned for more updates as we continue to monitor these developments.
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