Stock split, buyback stocks: Anand Rathi, Sharda Motors, KSB boards to meet on these dates

Anand Rathi, Sharda Motors and KSB Ltd have announced the dates on which their respective boards are scheduled to meet to consider different corporate actions. The three stocks gained around 4-12 per cent in morning deals on BSE. While Anand Rathi Wealth and Sharda Motor Industries plan to launch share buybacks, KSB Ltd intends to split its stock.  

Here are all the key details:  

Anand Rathi buyback

Anand Rathi Wealth's board is scheduled to meet on April 12 to consider a share buyback proposal.

The Anand Rathi stock zoomed as much as 10.02 per cent to Rs 4,110 apiece on BSE. The counter closed 9.51 per cent higher at Rs 4,090.5. 

Sharda Motor Industries buyback

Sharda Motor Industries’ board will meet on April 18 to consider a share buyback plan.

The stock gained as much as nearly 12 per cent to a fresh 52-week high of Rs 1,600.15 on BSE. The counter closed at Rs 1,527.95, up 6.69 per cent on BSE.

KSB Ltd stock split

The company’s board will meet on April 26 to consider financial results as well a proposal to split its stock.

The stock gained as much as 4.47 per cent to Rs 4,150 on BSE. The counter setted at Rs 4,144.55, up 4.33 per cent. 

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