Corporate Radar: Smallcap stock to go ex-dividend and more
The board of the company will meet to consider and approve the proposal for issuance of non-convertible debentures by way of private placement in one or more tranches.
Corporate Radar: CL Educate, Star Housing Finance to trade ex-bonus & more
Besides, a number of board meetings are scheduled for today. Advani Hotels will meet to decide on an interim dividend. Also, Shree Securities will meet to consider stock split, while Murudeshwar Ceramics board will meet to mull issue of warrants.
Corporate Radar: Dividends, Q4 results, reverse-stock split & more
Shares of IIFL Wealth Management and Advani Hotels & Resorts will go ex-dividend today. While IIFL Wealth had announced an interim dividend of Rs 20 per share, Advani Hotels had announced an interim dividend of Rs 1.4 per share.
NSE-BSE bulk deals: Delta Corp further sells stake in Advani Hotels; stock rises 13%
As of December quarter shareholding data, Delta Corp held a 33.63 per cent stake in Advani Hotels & Resorts. From the sale, Delta Corp collected Rs 5.86 crore.
Travel stocks are buzzing in today's market. Here's why
On Monday, shares of Asian Hotels (North) and Royal Orchid Hotels rallied 20 per cent each to Rs 99.9 and Rs 98.40, respectively. EIH Associated Hotels and Advani Hotels and Resorts gained 16 per cent each to Rs 385.55 and Rs 84.50, respectively.
The Council approved a cut in tax rates on rooms with a tariff of Rs 7,500 and above to 18 percent and those with tariff below Rs 7,500 to 12 percent. GST on room tariff below Rs 1,000 has been scrapped.