Corporate Radar: Power Grid to go ex-dividend; Arfin India stock split & more

There are a host of board meetings and corporate actions lined up for Monday.

Power Grid (Rs 5 per share), SMC Global (Rs 1.2 per share), EPL (Rs 2.15 per share), Amrutanjan Health (Re 1 per share) and Jamna Auto (Re 0.8 per share) will trade ex-dividend today.

Shares of Arfin India will trade ex-split in the ratio of 1:10. The company’s shares will be sub-divided from a face value of Rs 10 to Re 1.

Also, shares of Compuage Solutions will go ex-rights for the rights issue of eight shares for every 25 shares held offered at the rate of Rs 20 per share.

Aarti Industries, Abbott India, Agarwal Industrial Corporation, AIA Engineering, GE Power, Apollo Tyres, Balkrishna Industries, Bharat Forge, CESC, Dish TV, Eros International, FDC, Future Lifestyle, GMR Airports, Grasim Industries, Hinduja Global, JM Financial, Khaitan, Kaveri Seed, Marksans Pharma, MMTC and DCX Systems among others will be announcing results.

The board of Inventure Growth will meet to consider various capital-raising options.

Also, the board of Nupur Recyclers, Advait Infratech and GM Polyplast will mull over the bonus share issue.