2 Dividend And 1 Stock Split Record Date Announced: Check Details

Published: Friday, June 17, 2022, 19:18 [IST]

Dividend, stock split and other corporate actions provide a sense that the company is thriving and is working to reward its shareholders and or may be trying to create more liquidity in its scrip. Likewise, as to be eligible for these benefits, there comes into play the record date i.e. the date by when prospective shareholders need to have the scrip to be eligible for the benefit to be credited into your account.

So, likewise, here are 3 announcements on the record date that you can take a note of to be eligible for the benefit:

1. Axis Bank:

"This is to inform you that the Board of Directors of the Bank (the Board) at its meeting held today i.e. Friday, June, 17, 2022, has approved convening 28th Annual General Meeting of the members of the Bank on Friday, July 29, 2022 at 10:00 A.M., through Video Conference/ Other Audio Visual Means. We wish to further inform you that pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Friday, July 8, 2022 has been fixed as the record date to determine the members who will be eligible for final dividend, if approved by the members at the ensuing 28th Annual General Meeting", said the banker in its filing.

The company has announced Rs. 1 final dividend for which the ex-date is July 7, 2022.

2. Suryaamba:

"We inform you that the Register of Members and the Share Transfer Books of the Suryaamba Spinning Mills Limited shall remain closed as follows: Book Closure Date (both days inclusive) From Sunday, July 03, 2022 to Saturday, July 09, 2022 & Record Date for Dividend Purpose-Saturday, July 02, 2022Further, Pursuant to the provisions of Sec 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014 (as amended), the Company has fixed Saturday, July 02, 2022 as the Cut-Off date to ascertain the eligibility of the Members of the Company entitled to vote electronically on the resolutions mentioned in the AGMNotice, as per the procedure and other details mentioned in theAGM Notice".

This company also announced Rs. 1 as the final dividend.

Started in 1993, Suryaamba Spinning Mills Ltd. is a leading manufacturer of speciality synthetic spun Yarns. The core competitive strength of the company is its innovative product range, specifically tailor-made for the customers. The company produces yearly 14400 mt. of quality Yarns. Suryaamba is a state of art manufacturing unit located strategically at Nayakund, near Ramtek, District: Nagpur (Maharashtra).
This is a multibagger stock with 1-year return of 102% and 52-week low and high price of Rs. 90.5 and Rs. 254.75. It is only a BSE listed concern.

3. Paisalo Digital:

Paisalo Digital Limited is registered as a category "B" - Non Deposit taking NBFC with Reserve Bank of India. Initially, it was promoted as a private limited company under the Companies Act, 1956, on 05th March, 1992.
On the stock split announcement the company in the filing said, "the Company has fixed Friday, July 1, 2022 as the Record Date for the purpose of sub-division of 1 (One) Equity Share of face value of Rs. 10/- each (Rupees Ten Only)
paid-up into 10 (Ten) Equity Shares of Re. 1/- (Rupee One Only) paid-up".