VIP Industries has announced a dividend of Rs 2 per share. In the past 12 months, the company has declared an equity dividend amounting to Rs 5 per share. At the current share price levels, it results in a dividend yield of 0.73%. The company is engaged in the business of luggage and travel accessories and is one of the largest luggage maker in India.
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Also, Meenakshi Enterprises will convene its board meet to consider and approve resignation of Vidhya Damodaran from chief financial officer of the company and to appoint her as the company secretary and compliance officer of the company.
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The thematic fund that gained 13.65 per cent in August is betting on JSW Energy in a big way as it is its biggest holding with a weightage of 9.78 per cent. Other top holdings include Titagarh Wagons, Time Technoplast, J Kumar Infraprojects and SP Apparels.
Coral India Finance & Housing: Navin Bachubhai Doshi, promoter of the company, proposed to sell up to 18,67,170 equity shares of Coral India Finance & Housing. The floor price for the offer shall be Rs 35.
Accelya Solutions India: Accelya Group Bidco Limited, promo......read more