Shares of 360 One Wam Ltd, Accelya Solutions India Ltd, Goa Carbon Ltd, Indian Infotech & Software Ltd, Mangalam Industrial Finance Ltd, PCBL Ltd, and Sinclairs Hotels Ltd will be in focus when the stock market opens on Monday (January 29).
The Board of Directors of these companies declared an interim dividend, rights issue and bonus for the eligible shareholders.
The record date of the 7 companies to ascertain the eligibility of shareholders for their respective corporate actions was set on January 29.
Read also: Week Ahead: Interim Budget 2024, US Fed Policy, Q3 results, auto sales among key market triggers this week
Dividend Stocks Today
360 One Wam: The company declared an interim dividend of ₹4.50 per equity share. 360 shares of One Wam will trade ex-dividend today.
In a stock exchange filing, 360 One WAM said: “We are pleased to inform you that the Board of Directors of the 360 ONE WAM LIMITED (formerly known as IIFL Wealth Management Limited), in its Meeting held on January 18, 2024, has declared a fourth interim dividend for the financial year 2023-24, of Rs. 4.50/- (Rupees four and paise fifty only) per equity share of Re. 1/- (Rupees one only) each.”
Accelya Solutions India: The company declared an interim dividend of ₹25.00 per equity share.
In a stock exchange filing, Accelya Solutions India said: “We wish to inform you that the Board of Directors during its meeting held today (January 18, 2024), has declared an interim dividend of Rs. 25 per share.”
Shares of Accelya Solutions India will also trade ex-dividend today.
(Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay up to date with the latest financial information! Click here!)
Coal from Goa: The board of directors of Goa Carbon declared an interim dividend of ₹10 per equity share for the financial year 2023-24. It set January 29 as the record date for the payment of an interim dividend. Goa Carbon shares will trade ex-dividend on Monday.
PCBL: The company declared an interim dividend of ₹5.50 per equity share. The company’s board has set the record date for the payment of the interim dividend as January 29. PCBL shares will also trade ex-dividend today.
Bonus thing
Sinclairs Hotels: The company has declared a bonus in the ratio of 1:1. In a stock market filing, Sinclairs Hotels said its board of directors has set Monday, January 29, 2024, as the record date to ascertain the eligibility of shareholders for the issue of fully paid Bonus Shares in the ratio of 1:1 .
Under the terms of the bonus issue, each Sinclairs Hotels shareholder will receive one share of ₹2 each for each existing share of ₹2 each.
Shares in Sinclairs Hotels will exchange ex-bonus today.
Read also: Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday
Right Matter
Indian Infotech & Software: The company has declared a rights issue of fully paid equity shares.
At a board meeting, the company approved “Fully paid up Shares of face value of Re.1/- each (“Rights Equity Shares”)” and fixed issue price at ₹1.60 per right share.
Shares of Indian Infotech & Software will trade ex-rights on Monday.
Mangalam Industrial Finance: The company declared a right issue of upto ₹49 crores. Mangalam Industrial Finance shares will trade ex-rights on Monday.
Disclaimer: The opinions and recommendations made above are those of individual analysts or trading companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Unlock a world of Perks! From insightful newsletters to real-time stock tracking, breaking news and a personalized news feed – it’s all here, just a click away! Login Now!
Catch all Business News, Market News, Breaking News and Latest News Updates on Live Mint. Check out all the latest action on Budget 2024 here. Download The Mint News App to get Daily Market Updates.
More or less
Published: 29 Jan 2024, 06:14 IST