Page Industries Rs 150 per share dividend to Man Infra bonus shares — here are top 5 corporate actions this week

Important corporate actions are lined-up this week from bonus shares to interim and special dividend. The week is buzzing with corporate actions and investors of certain stocks are likely to be rewarded handsomely. Page Industries' Rs 150 per share interim dividend, Petronet LNG Rs 7 per share special dividend, Esab India ltd Rs 22 per share interim dividend, EID Parry's Rs 5.5 per share dividend and Man infra bonus are some important developments that will see action this week.    

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Page Industries    
Page Industries Ltd, which is engaged in the manufacturing distribution and marketing of Innerwear Athleisure Sleepwear and Swimwear for men women and kids, has announced Rs 150 per share interim dividend for its shareholders. The ex-date for the same is November 17 and record date is November 20. The company has given dividends to shareholders for whooping 42 times during this period, as per Stock Edge, an app to analyse NSE, BSE data.  

Petronet LNG  
On November 9, in a meeting of board of directors, Petronet LNG has declared Rs 7 per share special dividend for shareholders. Incorporated on April 2, 1998,   Petronet LNG Limited (PLL) was set up as Joint Venture Company (JVC) having 50% shareholding of leading four Oil & Gas PSUs. Petronet LNG has offered dividend 15 times and bonus in 1:1 ratio once between June 2011 and November 2021, as per Stock Edge. The record date for Petronet LNG special dividend is November 19 and ex-date is November 17, 2021.  
 

Esab India ltd Rs 22 per share interim dividend
The Board of Directors of ESAB India Ltd at its meeting held on November 10, 2021, had declared an interim dividend of Rs. 22 per equity share of Rs. 10 each (220%) for the year ending March 31, 2022 resulting in an outflow of Rs. 33,86,46,440 (subject to deduction of tax at source where applicable), said a corporate exchange filing of the company. Between July 2011 and November 2021, the company offered interim and final dividend 12 times.  ESAB India Ltd is engaged in the business of welding consumables, which includes welding electrodes copper coated wires and welding fluxes and of welding equipment, which includes welding machines and cutting equipment. It is one of the leading suppliers of welding and cutting products in the country.  

Man Infra bonus:
The Board of Directors of Man Infraconstruction Ltd has approved / recommended the issue of bonus equity shares in the ratio of 1 (One) new equity bonus share of Rs. 2/- each for every 2 (Two) existing Equity Shares of Rs. 2/- each held by the shareholders of the Company as on the record Date, subject to the approval of shareholders of the Company through Postal Ballot and other applicable statutory and regulatory approvals, as may be required. Man Infra bonus shares record date has been fixed as November 19, 2021, by the company. The company has offered dividend 14 times, bonus once and has also seen share split one time between July 2011 and November 2021, showed Stock Edge data.  

EID Parry
The company engaged in the business of Sugar and Nutraceuticals has declared an interim dividend of Rs 5.5 per share. The company has reported a 23.3% YoY drop in the consolidated profit at Rs 243.8 crore for the quarter ended September 30, 2021, as against a profit of Rs 317.8 crore posted in the year-ago quarter. The sugar company has announced dividend 10 times between March 2011 and November 2021, as per Stock Edge. The record date for the interim dividend is November 18, 2021.