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- Shares of Godrej Consumer Products Ltd, Omax Autos Ltd, Gravita India Ltd, and DSJ keep Learning Ltd will be in focus as the stock market opens on May 14, following their respective Board of Directors’ declarations of interim dividends and rights issue of equity shares.
- The record date to determine the eligibility of shareholders for these issues has been set for May 14.
- These declarations are expected to impact the trading of these companies’ shares.
Investors are keeping a close eye on Godrej Consumer Products, Omax Autos, Gravita India, and DSJ keep Learning as they declare interim dividends and rights issues, set to impact trading on May 14.
Godrej Consumer Products Announces Dividend
Godrej Consumer Products has declared an interim dividend of ₹10.00 per equity share. The company stated in a stock exchange filing that the dividend will be paid on or before Wednesday, June 5, 2024. This announcement is expected to influence the company’s stock performance.
Omax Autos Follows Suit
Omax Autos has also declared an interim dividend, set at Re 1 per equity share. According to a stock exchange filing, the interim dividend will be paid within 30 days from the date of its declaration. This move is likely to affect the company’s stock trading.
Gravita India Joins the Dividend Declaration
Gravita India has declared an interim dividend of ₹5.20 per equity share. The company’s shares will trade ex-dividend on Tuesday, following this announcement. This is expected to have a significant impact on the company’s stock trading.
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DSJ Keep Learning Declares Rights Issue
DSJ Keep Learning has declared a rights issue of equity shares in the rights entitlements ratio of 7:9, i.e., 7 rights equity share for every 9 equity shares. The rights issue price has been fixed at Re 1/- fully paid-up equity share of face value of Re 1/- each. A total of 681,24,036 fully paid-up equity shares will be issued for an amount aggregating up to ₹6.81 crore.
Conclusion
The declarations of interim dividends and rights issues by Godrej Consumer Products, Omax Autos, Gravita India, and DSJ Keep Learning are set to influence their respective stock trading on May 14. Investors are advised to keep a close eye on these developments for potential investment opportunities.
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