There will be ex-dividend on six stocks namely Bharat Forge, JM Financial, Power Finance Corporation (PFC), Cupid, Diamines & Chemicals and Polyplex Corporation on Thursday. Housing Development and Infrastructure will present its quarterly results today. The board of SRG Housing Finance will consider the proposal for issue of warrants during the day.
Bharat Forge will go ex-dividend today. The company had declared an interim dividend of Rs 1.50 per share. The record date for the same is November 25 and the dividend will be paid on December 13.
PFC shares will go ex-dividend. The company had declared an interim dividend of Rs 3 per share and the record date for the same is 25 November. The dividend will be paid on 12 December.
JM Financial had declared an interim dividend of Rs 0.90 per share and the record date for the same is November 25. The dividend will be paid on 14 December.
Diamines & Chemicals and Cupid had declared interim dividends of Rs 3 and Rs 2, respectively. The record date for this is 21 November. The Diamines & Chemicals dividend will be paid on December 14 and Cupids on December 7.
Polyplex Corporation will pay ex-interim and ex-special dividends. The company had declared a special dividend of Rs 35 per share and an interim dividend of Rs 20 per share. The record date for this is November 25 and both the dividends will be paid on December 14.
The HDIL Board in its meeting today approved the standalone financial results for the June and September quarters.
The Board of SRG Housing Finance will consider and approve the allotment of 5,00,000 warrants convertible into Equity Shares at a price of Rs 200 per warrant on a preferential basis.
Meanwhile, today the shares of Punjab National Bank are banned in the F&O segment. Derivative contracts in a security are banned when they exceed 95 per cent of the market-wide position limit (MWPL). No new position can be created in the derivative contracts of the said security. This restriction is lifted when the open interest in MWPL’s stock on the exchanges falls below 80 per cent.