Corporate Radar: PNB, Union Bank to turn ex-dividend, SBI AGM; Q4 results, bonus issues & more

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

Shares of 12 companies -- Deepak Spinners (Rs 2.5 per share), Dr. Lal Pathlabs (Rs 6 per share), GHCL (Rs 10 per share), Keltech Energies (Rs 1.5 per share), NDR Auto Components (Rs 2.5 per share), NGL Fine-Chem (Rs 1.75 per share), Punjab National Bank (Rs 0.64 per share), Sagar Cements (Rs 0.7 per share), Sky Industries (Rs 1 per share), The Indian Hotels Company (0.4 per share), Union Bank Of India (Rs 1.9 per share) and Walchand Peoplefirst (Rs 1.25 per share) -- will go ex-dividend today. The 12 companies had announced final dividends. GHCL (Rs 5 per share) had also announced a special dividend.

HMT, New Light Apparels and Wanbury are among the companies which will announce their quarterly earnings today.

Shares of Ajanta Pharma will turn ex-bonus today. The company had announced a bonus issue in 1:2 ratio.

State Bank of India, Indian Bank and Warren Tea will have their annual general meetings (AGM) today. Meanwhile, Hindustan Construction Company will host an EGM.

A board meeting of Ashnisha Industries will take place to consider the proposal for preferential issue of shares.

Wednesday is also the record date for dividends by Britannia Industries, Bank of Maharashtra, Agro Tech Foods, Bliss GVS Pharma, Bharat Seats and Morarka Finance.

Bank Of Maharashtra (Rs 0.5 per share), Bharat Seats (Rs 0.8 per share), Britannia Industries (Rs 56.5 per share), Agro Tech Foods (Rs 3 per share), Bliss GVS Pharma (Rs 0.5 per share) and Morarka Finance (Rs 4 per share) had announced their final dividends. These stocks went ex-dividend on Monday.