Oil India bonus shares dividend

Last Chance to Qualify for Bonus Shares and Dividends from Oil India, GPT Infra, and More

Companies like state-run Oil India and GPT Infra projects will be issuing free shares to their respective shareholders this week. This is also the last opportunity before the record date for 3M India’s mega ₹685 dividend. Find out which other companies are lined up for their respective corporate actions this week.

Bajaj Consumer care:-

The record date for the Bajaj Group company’s share buyback is Tuesday, July 2. The dates for the ₹166.5 crore buyback are yet to be announced. The company intends to repurchase 57.41 lakh equity shares through the tender offer route at a price of ₹290 apiece. In 2022, the company had announced an ₹80.89 crore buyback at a price of ₹240 per share through the open market route.

Oil India:-

The state-run PSU had announced last month that it will issue one free share for every two held by the shareholders as on the record date, which has now been fixed as Tuesday, July 2. The company previously issued one free share for every two held in 2018, one for every three shares in 2017, and three for every two shares held in 2012.

GPT Infra projects:-

– Wednesday, July 3, 2024, is the record date for GPT Infra projects’ bonus issue of shares. The construction company will issue one free share for every one held as on the record date. It previously issued bonus shares in a similar 1:1 ratio in 2022 and 2017.

eClerx Services:-

If you want to be eligible to participate in the eClerx Services share buyback, you need to own shares of the company before its record date, which has been fixed as Thursday, July 4, 2024. The company intends to repurchase 13.75 lakh equity shares for not more than ₹385 crore through the tender offer route at a price of ₹2,800 per shar

SKF India:-

The last chance to buy SKF India shares before the record date for its ₹130 dividend is this week. The record date for the dividend payout has been fixed as Thursday, July 4, 2024. The company has announced a dividend of such a quantum for the first time since 2020.

3M India:-

Friday, July 5, 2024, is the record date for 3M India’s 6,850% dividend announcement made in late May. The company announced a final dividend of ₹160 per share along with a special dividend of ₹525 per share, totaling ₹685. The record date for both the final and special dividends is the same. In 2023, 3M India declared a dividend of ₹100 per share. Earlier, it announced a special dividend of ₹850 in 2022.

Other companies with significant corporate actions this week include:–

Apollo Tyres: Record date for ₹6 dividend is July 5.

AstraZeneca Pharma: Record date for ₹24 dividend is July 5.

Balkrishna Industries: Record date for ₹4 per share dividend is July 5.

Bharat Forge: Record date for ₹6.5 per share dividend is July 5.

Navin Fluorine: Record date for ₹7 per share dividend is July 5.

Nucleus Software: Record date for ₹12.5 per share dividend is July 5.

Piramal Enterprises: Record date for ₹10 per share dividend is July 5.

Thermax: Record date for ₹12 per share dividend is July 5.

Redington India: Record date for ₹6.2 per share dividend is July 5.

CAMS:-

The record date for the dividend declared by CAMS has been fixed as Monday, July 8, 2024. The company announced its highest-ever dividend payout of ₹16.5 per share.

conclusion:-

Overall, these companies are rewarding their loyal shareholders with bonus shares and dividends. Investors have a limited time left to qualify for these corporate actions before the respective record dates.