Rs 45 dividend and bonus share! These 2 stocks in focus on October 6
Dividend stock, bonus share update: Two stocks, one from IT and software space and another from hotel segment, will be in focus on Thursday, when the market will resume normal trading session after Dussehra holiday on Wednesday.
Two stocks, one from IT and software space and another from hotel segment, will be in focus on Thursday, when the market will resume normal trading session after Dussehra holiday on Wednesday. The NSE and BSE will see no trading in equity segment, equity derivative segment and SLB Segment, as per BSE holiday calendar 2022.
Meanwhile, the two stocks—Asian Hotels and Accelya Solutions India — will remain in limelight based on corporate announcements by the respective companies. Accelya Solutions India will turn ex-dividend and Asian Hotels ex-bonus on October 6.
Accelya Solutions India dividend 2022
Shares of Accelya Solutions India ended flat with marginal gains at Rs 1142.45 per share ahead of ex-dividend date. The Board of Directors of Accelya Solutions India had announced a dividend of Rs 45 per equity share. Accelya Solutions India dividend record date 2022 to determine the eligibility of shareholders for Rs 45 dividend payout had been fixed as October 10. It means those buying stocks on Thursday may still be eligible for dividend shares under T+1 and T+2 settlement.
Accelya Solutions India dividend payout date is 14th November, 2022.
"We wish to inform you that the Board of Directors at its meeting held today, has recommended Final Dividend of Rs. 45 per share, subject to the approval of shareholders of the Company at the ensuing Annual General Meeting. The dividend payout date is Monday, 14th November, 2022," the company had said in a regulatory filing on August 2, 2022.
Asian Hotels bonus shares 2022
The company's board had announced a bonus in the ratio of 1:1, which means eligible shareholders will get one equity share against every two shares held by them on the record date. The company catering to hotel and resorts industry had fixed October 7 as the record date to ascertain eligibility of shareholders.
"The Board of Directors of the Company at its meeting has inter-alia, fixed the Record Date as Friday, 7" October, 2022 for determining the names of the equity shareholders of the Company who shall be entitled to be allotted bonus equity shares of the Company in the ratio 1:2 i.e. one fully paid-up bonus equity share for every two equity shares held in the Company (as of the Record Date)," Asian Hotels said in an exchange filing on 21st September.
Besides, it had also fixed 7th October as the record date to determine eligibility of shareholders who will get new equity shares of Robust Hotels Private Limited, Chennai (Robust) in the ratio 1:1 i.e. one new fully paid up equity share of Robust for every one equity share held in the Company (as of the Record Date) post issue of bonus shares in terms of the scheme.
Earlier, shares of Asian Hotels closed higher by five per cent to Rs 351.85 per share on the BSE on Tuesday.
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02:37 PM IST