A spate of companies from Adani Group stocks like Adani Ports, ACC and Ambuja, along with Bajaj Auto and others will have their record dates for various corporate actions announced by them, including final dividends, bonuses and stock splits during the rest of the week. Here is a look at some of these companies:
Bajaj Auto | The two-and-three wheeler manufacturer, whose stock has been an outperformer on the Nifty 050 this year, recently announced a final dividend of ₹80 per share. The record date for the same is Friday, June 14. Bajaj Auto also recently completed a share buyback at ₹10,000 per share.
L&T Technology Service | The company announced a dividend of ₹33 per share along with its March quarter results, which is the highest payout ever from the L&T group technology services provider. The stock also has its record date on June 14.
Tata Technologies | Along with its results, Tata Technologies announced a final dividend of ₹8.4 per share, along with a special dividend of ₹1.65 per share. Record date for this has been fixed as Thursday, June 13.
Adani Ports & ACC | Up next are Adani Ports and ACC, two companies from the Adani Group stable. ACC announced a final dividend of ₹7.5 per share, while Adani Ports, the largest port operator in the country, announced a final dividend of ₹6 per share. Both these companies will have a record date on June 14.
Cheviot | The manufacturer of Jute products announced a share buyback of 1.75 lakh equity shares or 2.91% of the company's outstanding equity at a price of ₹1,800 per share. The company will spend a total of ₹31 crore for the same. It also declared a dividend of ₹5 per share. The record date for both the dividend and the share buyback is June 14.
Kamdhenu Ventures | The company recently announced a subdivision of its equity shares of face value ₹5 into equity shares having a face value of ₹1. This, after the company had issued one bonus share for every one held last year. Record date for the stock split is fixed as June 14.