Companies, including Hindustan Zinc Ltd, IRB Infrastructure Developers Ltd, Coforge Ltd, Ador Welding Ltd, and Aptus Value Housing Finance India Ltd, are making headlines with their recent announcements regarding dividends, stock splits, and rights issues.
Hindustan Zinc’s board declared an interim dividend of ₹10.00 per equity share, signaling a strong commitment to shareholder returns.
IRB Infrastructure Developers also announced an interim dividend of ₹0.10 per equity share, reflecting its focus on rewarding investors.
Coforge declared a fourth interim dividend of ₹19.00 per equity share for the financial year 2023-24, highlighting its robust financial performance.
Ador Welding declared an interim dividend of ₹18.50 per equity share, demonstrating its dedication to enhancing shareholder value.
Aptus Value Housing Finance India declared an interim dividend of ₹2.50 per equity share, emphasizing its commitment to shareholders.
Additionally, Canara Bank announced a stock split from ₹10 per equity share to ₹2 each, aiming to improve liquidity and accessibility for investors.
Solara Active Pharma Sciences and Viji Finance declared rights issues of equity shares, further expanding their capital base.
Overall, these developments are poised to impact the market dynamics and investor sentiments when trading resumes.