Shares of IIFL Finance Ltd, Kddl Ltd, Ksolves India Ltd, Mastek Ltd, Arnold Holdings Ltd and Dolphin Offshore Enterprises (India) Ltd will be in the spotlight during the stock market opening on Thursday (January 25).
The boards of these companies have declared interim dividends, stock splits, and share buybacks to eligible shareholders.
The record date for six companies to confirm the shareholder eligibility of their respective stocks has been set as January 25th.
interim dividend
IIFL Finance:The company announced an interim dividend. INR4 per share of par value INRTwo projects each in 2023-24.
IIFL Finance said in a stock exchange filing. “In accordance with the provisions of Rule 42 of the SEBI Listing Rules, the Board has fixed Thursday, January 25, 2024 as the record date. The said interim dividend will be paid by February 15, 2024.”
IIFL Finance shares trade ex-dividend on Thursday.
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Kddl:The company announced an interim dividend. INR58 shares per share. The board of directors of KDDL Ltd. considered and announced an interim dividend at the board meeting held on January 18th. INRThe stock is priced at $58 per share, which is 580% of par. INR10 each in 2023-24.
Kddl stock trades ex-dividend on Thursday.
India:The company announced an interim dividend. INR7.50 per share.
Ksolves India said in a stock exchange filing. “We would like to inform you that at the meeting of the Board of Directors of the Company held today i.e. Thursday, January 18, 2024, inter alia, the second interim dividend of Rs.20 million was considered and announced for the financial year 2023-24. 0.7.50/- per share against the fully paid up share capital.”
Ksolves India stock trades ex-dividend on Thursday.
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MASTEC:The company announced an interim dividend. INR7 per share for financial year 2023-24. Mastech stock closed 0.40% higher on Wednesday. INR2,684.45 per piece on BSE.
Mastech stock trades ex-dividend on Thursday.
Stock buyback
arnold holdings:The company announced that it would buy back up to 63 million fully paid shares.
The Company's Board of Directors had authorized the repurchase of up to 6,300,000 fully paid shares at par. INR10 each INR21 per share for the total amount INR13.23 billion.
Arnold Holdings stock will trade on buybacks Thursday.
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stock split
Dolphin Offshore Enterprises (India): The company announced a stock split. INR10 per share INROne per share. The record date for the stock split has been set as Thursday, January 25th.
Under the scheme, shareholders will receive 10 shares with a par value of Re1 for each Dolphin Offshore Enterprises share held at par. INR10 pieces each.
Shares of Dolphin Offshore Enterprises (India) will trade post-split today.
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