Corporate Radar: L&T to turn ex-dividend; Hindustan Zinc, PVR Q1 results & more

NEW DELHI: A host of board meetings and corporate actions are scheduled for Thursday.

Shares of Aarvi Encon (Rs 1.5 per share), ADC India (Rs 10 per share), Banswara Syntex (Rs 2.5 per share), BASF India (Rs 6 per share), Blue Star (Rs 10 per share), Dabur India (Rs 2.7 per share), Dhanuka Agritech (Rs 6 per share), Cholamandalam Investment (Re 0.7 per share), H.G. Infra (Re 1 per share), Galaxy Surfactants (Rs 18 per share), HIL ( Rs 25 per share), Heritage Foods (Rs 2.5 per share), Intellect Design Arena (Rs 2.5 per share), Jayant Agro-Organics (Rs 3per share), Larsen & Toubro (Rs 22 per share), Mahindra Logistics (Rs 2 per share), Minda Corporation (Rs 0.7 per share), TTK Prestige (Rs 3.5 per share) and Poonawalla Fincorp (Rs 0.4 per share) will go ex-dividend today.

ADC India Communications (Rs 10 per share), Tech Mahindra (Rs 15 per share) and HIL (Rs 20 per share) had announced special dividends while Angel One (Rs 7.65 per share) had announced interim dividend.

Hindustan Zinc, SRF, Mphasis, JSW Energy, IDBI Bank, Persistent Systems, CRISIL, Kajaria Ceramics, ICICI Securities, PVR, Cyient and RBL Bank are among companies that will announce their quarterly earnings today.

Rajnish Wellness will go ex-bonus today in the ratio of 2:1.

Shares of Hindustan Foods, Ontic Finserve, Rajnish Wellness and Shanti Educational Initiatives will go ex-split today. Hindustan Foods and Rajnish Wellness had announced the splitting of shares into face value of Re 2 from the face value of Rs 10 while Ontic Finserve and Shanti Educational Initiatives had announced the splitting of shares into face value of Re 1 from the face value of Rs 10.

Shares of Gennex Laboratories, PTC Industries and Swiss Military Consumer Goods will turn ex-rights today. Gennex Laboratories had announced a rights issue of 1 share for every 2 shares held, offered at Rs 6 apiece. PTC Industries had announced a rights issue of 3 shares for every 2 shares held, offered at Rs 10 apiece while Swiss Military Consumer Goods had announced a rights issue of 1 share for every 1 share held, offered at Rs 4.5.

PVR will have its annual general meetings (AGM) today.

The board of Aris International, Shree Pacetronix and Websol Energy Systems will meet today to consider the preferential issue of shares.

Thursday is the record date for dividends by Federal Bank, Grindwell Norton, Granules India, Mahindra Lifespace Developers, Astec Lifesciences, Ador Welding and Karur Vysya Bank.

Federal Bank (Rs 1.8 per share), Grindwell Norton (Rs 12 per share), Granules India (0.75 per share), Mahindra Lifespace Developers (Rs 2 per share), Astec Lifesciences (Rs 1.5 per share), Karur Vysya Bank (Rs 1.6 per share) and Ador Welding (Rs 12.5 per share) had announced final dividend. These stocks went ex-dividend on Tuesday.

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