Corporate Radar: Bharat Rasayan to turn ex-dividend; AGMs; and more
Shares of Bharat Rasayan (Rs 1.5 per share), Emmbi Industries (Re 0.6 per share), Garware Technical Fibres (Rs 7 per share), Intrasoft Technologies (Re 1 per share), Mangalore Chemicals & Fertilizers (Rs 1.2 per share), National Peroxide (Rs 5 per share), Transpek Industry (Rs 22.5 per share) and Yuken India (Re 0.8 per share) are among the companies which will go ex-dividend today.
Corporate Radar: Data Patterns to turn ex-dividend; RIL, Britannia AGM; and more
Alfavision Overseas (India) had announced the splitting of shares into face value of Rs 1 from the face value of Rs 10 while Kritika Wires had announced the splitting of shares into face value of Rs 2 from the face value of Rs 10.
Waaree Energies gets NCLT nod to acquire Indosolar
This acquisition will facilitate augmentation of solar cell manufacturing capacity of Waaree Energies to 5.4 GW from the currently planned 4 GW and will complement its planned expansion in solar module manufacturing. Waaree Energies currently operates four manufacturing facilities comprising five factories in India at Surat, Chikhli, Tumb and Nandigram.
A morning walk down Dalal Street | Market teeming with positive sentiment, but consolidation likely in coming sessions
The recent measures by the government, including the reduction in corporate tax rate, the abolition of enhanced tax surcharge and updated norms of FDI and CSR spending, are seen as long-term positives by most foreign brokerages.