Corporate Radar: Insecticides (India) to trade ex-bonus; Maximus stock split & more

A couple of corporate actions and board meetings are scheduled for Friday.

Shares of Insecticides (India) will trade ex-bonus. The company had announced a bonus share issue in the ratio of 1:2. Ahead of the ex-bonus date, the scrip ended flat at Rs 966.3 per share on Thursday.

Also, shares of Maximus International will trade ex-split today. The company had announced the splitting of shares into face value of Re 1 from the face value of Rs 10.

Heritage Foods will hold its board meeting for considering the rights issue of equity shares.

Modern Steels will also hold its board meeting for considering and approving the unaudited financial results of the company for the quarter ended June 30, 2022. Additionally, Mackinnon Mack will be holding its board meeting for quarterly results.