1 Recent Dividend And 1 Bonus Share Issuance To Know About

Such board actions are decided during board meetings which are a mandate by SEBI on a recurring basis. Based on the company's financials and long term objective, the company may take on to into any corporate action. So here are stocks that have announced dividend and bonus shares issuance.

GAIL:

This is the oil drilling and exploration company that is in talks now on the back of rising crude oil price and hence among the major beneficiaries. The company in a filing announced that its Board of Directors of the Company in its 438th meeting held today i.e.11th March, 2022 has, inter-alia, approved the payment of 2nd Interim Dividend for the FY 2021-22@ 50% (Rs. 5/- per equity share) on the paid-up equity share capitalof the Company. The 2nd Interim Dividend will be paid with reference to the 'Record Date' i.e.Tuesday, 22nd March, 2022 fixed for the said purpose. So, if you looking at the prospects of the company and good dividend yield want to add the counter, you need to do its latest before its ex date i.e. March 21, 2022.

Nirmitee Robotics:

This is a small cap company from the miscellaneous commercial industry as provided on the BSE site. The stock is presently placed under ASM surveillance which can be a cause of concern but does not mean that it is bankrupt. Nagpur based company in its board meeting held today announced issuance of 3000990 Bonus Shares to the existing equity shareholders in the ratio of 5 new equity shares of Rs. 10/- each as fully paid for the 1 equity share held by them as on the record date.

Disclaimer: The above stocks are listed just for their likely stock corporate action.