3 Board Meetings For Stock Split, Audited Results And Interim Dividend

Board meetings at listed companies are recurring events and give a sense to shareholders/investors of the continuing operations at the firm. There can be various agendas for the meet such as any corporate action-split, bonus, buyback etc. or it can be for reduction of capital, some scheme of arrangement that has to be decided upon etc.

So, here are the company board meets scheduled for different agendas:

1. Shree Ganesh Biotech:

The company informed the BSE that its Board of Director meeting is scheduled for December 20, 2021 for considering and approving

1. Sub-Division of Face Value of Equity Shares of Rs. 10/- into Rs. 1/- per Equity Share.

2. To change the Clause V - Authorised Capital of Memorandum of Articles.

3. To approve notice of General Meeting to seek approval for the above-mentioned items as recommended by Board.

4. Any other business as Board deem fit to discuss, with the permission of the Chairman.

Shree Ganesh Biotech is the small cap company that is into exporting, distributing and supplying agro-products such as potato, paddy seed, cashews, canned food etc. The company is based our of Kolkata.

The company ahead of its board meet is gaining in trade and last traded higher by over 6 percent at Rs. 190 apiece.

2. GVK Power:

The company via an exchange filing informed that the meeting of the Board of Directors is scheduled on December 28, 2020 for considering, approving and taking on record the audited financial results of the company for the FY ended March 31, 2021.

Shares of GVK Power last traded on August 2, 2021 while the suspension was announced on January 18, 2021. Currently the stock of GVK Power is not trading on both the NSE and BSE.

The company is into infra development in areas including airports, roads and power. The company develops power projects based on hydel, coal and gas resources. Also, the company is into development of commercial complexes, golf courses and villas.

3. Mazagon Dock Shipbuilders Ltd:

The Mazagon Dock Shipbuilders Ltd company's board meet is scheduled on December 28, 2021 to consider declaration of Interim Dividend for financial year 2021-22. Also, as per the filing the company has proposed to fix Friday 07 January 2022, as the Record Date for reckoning eligibility of shareholders for the purpose of payment of Interim Dividend for the Financial Year 2021-22, if any. For the Fy 21, the company declared a dividend of Rs. 7.24 per share. This translates into a dividend yield of 2.89%.

The company is a leading shipbuilding yard in the country. The company incorporated in 1934 as a private limited concern was later taken over by the GoI in 1960.

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