Corporate Radar: Shree Cement, Magadh Sugar to turn ex-dividend; Mindtree Q1 results & more

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

Shares of nine companies -- Aditya Birla Sun Life AMC (Rs 5.85 per share), ASM Technologies (Rs 2.5 per share), Orient Bell (Re 1 per share), Polychem (Rs 3 per share), Shankara Building Products (Re 1 per share), Shree Cement (Rs 45 per share), VST Industries (Rs 140 per share), Wendt (India) (Rs 45 per share) and Magadh Sugar & Energy (Rs 6.5 per share) -- will go ex-dividend today. These companies had announced final dividends.

Mindtree, Tata Metaliks, Rajnandini Metal, Global Education, Premier Polyfilm, International Travel House, Gujarat Hotels and Ramasigns Industries are among companies that will announce their quarterly earnings today.

ANG Lifesciences India will go ex-bonus today in the ratio of 1:4.

MindTree will also have its annual general meeting (AGM) today. The board of Tilak Ventures will meet today to consider the right issue of equity shares.

Wednesday is the record date for dividends by Control Print, Dr Reddy's Laboratories, Kirloskar Pneumatic Company, Persistent Systems and Pix Transmissions.

Control Print (Rs 5 per share), Dr Reddy's Laboratories (Rs 30 per share), Kirloskar Pneumatic Company (Rs 2.4 per share), Persistent Systems (Rs 11 per share), and Pix Transmissions (Rs 6 per share) had announced final dividend. The stocks went ex-dividend on Monday.

Today is the record date for A Infrastructure to ascertain the eligibility of shareholders entitled to issue bonus shares of the company in the proportion of 1:1.

Today is also the record date for Steel Exchange India's stock split. The company had announced the splitting of shares into face value of Re 1 from the face value of Rs 10.

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