Corporate Radar: Page Ind, Tata Coffee to go ex-dividend; two others to go ex-bonus

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

At least five stocks will go ex-dividend today. While Page Industries had announced an interim final dividend of Rs 70 per share, SM Auto Stamping had announced an interim dividend of Rs 1.25. Three companies, namely Tata Investment Corporation (Rs 55 per share), Castrol India (Rs 3 per share) and Tata Coffee (Rs 2 per share), had announced final dividends recently and will go ex-dividend today.

RO Jewels will go ex-bonus today in 82:32 ratio i.e. 82 new bonus shares for every 32 shares held by existing shareholders. Mishtann Foods will also go ex-bonus today in 1:1 ratio.

Kallam Textiles will go ex-rights today. The company had offered its investors a right to buy 7 shares for every 30 shares held by them at Rs 18 apiece.

The board of Aki India will consider a bonus issue and also a preferential issue. The board of Svarnim Trade Udyog will consider a stock split today. TCI Developers has its AGM today while Khandwala Securities and Hipolin will hold EGMs today

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