Stock Dividend at Rs 28.75, 10:1 Stock Split, 1:1 Bonus Issue, Right Issue Announced - Detailed List, Effective Date Set for September 8

Dividends, Bonus Issues, and Rights Issues: A Roundup of Indian Companies' Announcements

In the financial landscape of India, several companies have recently made announcements regarding dividends, bonus issues, rights issues, and stock splits. Here's a summary of the latest developments.

Dividend Payments

Acknit Industries Ltd has announced that it will pay a dividend of Rs 28.75 to its shareholders. The ex-dividend date for this payment is set for Monday, September 8.

However, no other companies in the roundup, including Tega Industries Ltd, Titagarh Rail Systems Ltd, Hamps Bio Ltd, Hisar Metal Industries Ltd, KDDL Ltd, and HFCL Ltd, have made any such announcements as of yet.

Bonus Issues

Tega Industries Ltd and KDDL Ltd will not be offering a bonus issue. On the other hand, BLS E-Services Ltd has announced a 1:1 bonus issue.

Rights Issues

DIVGI TORQTRANSFER SYSTEMS Ltd is set to have a rights issue, while HFCL Ltd, Hisar Metal Industries Ltd, KDDL Ltd, and Housing & Urban Development Corporation Ltd have not made any such announcements. Notably, Titagarh Rail Systems Ltd and Tega Industries Ltd are not having a rights issue.

Stock Splits

Birla Corporation Ltd will undergo a 10:1 stock split, but no other companies in the roundup, including Tega Industries Ltd, Titagarh Rail Systems Ltd, Hamps Bio Ltd, Hisar Metal Industries Ltd, KDDL Ltd, and HFCL Ltd, have announced any stock split plans.

Ex-Dates

The ex-date for stock turns (excluding Hamps Bio Ltd, HFCL Ltd, Hisar Metal Industries Ltd, Housing & Urban Development Corporation Ltd, KDDL Ltd) will be on Monday, September 8. Specific details about the nature of these stock turns are not provided in the given paragraph.

Other Companies

The FULL List of companies with announcements includes Lehar Footwears Ltd, Manali Petrochemicals Ltd, R M Drip and Sprinklers Systems Ltd, Starlineps Enterprises Ltd, Taj Gvk Hotels & Resorts Ltd, Titagarh Rail Systems Ltd, Titan Intech Ltd, but specific details like dividend, stock split, bonus issue, or rights issue are not mentioned for these companies in the given paragraph.