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3 Upcoming Important Board Meetings For 2nd Dividend, Stock Split And Bonus Issue
The board meetings that are a mandate give a sense to investors of the continued operations. Whie there is earnings season there are a number of companies lined up for board meetings on a daily basis, they even on the same day of earnings also mull upon other corporate actions as per the company requirements and financial standing.
So, here below we have discussed 3 important board meetings scheduled in due time to discuss on the different agenda.
1. Coal India:
The company's board is slated to meet on February 14, 2022 to discuss its earnings for December quarter as well as the second interim dividend for Fy22. For the said dividend, the ex-date is February 21. Earlier the company declared Rs. 9 per share dividend.
Experts expect the company to dole out Rs. 4-6 per share as the second dividend which shall also be its final dividend. The company share price ahead of its dividend and earnings is lower at around Rs. 166.85 per share.
The company i.e. the largest coal producer globally serves clientele across sectors such as large thermal power generation companies, steel and cement producers and other industrial companies in the public and private sector.
2. Saregama:
The media and entertainment company will meet on February 24 as intimated by the company on February 8 for considering a proposal for sub-division of the Equity shares of the Company having a face value of Rs. 10/- each in such manner as may be determined by the Board of Directors. Also, the company shall meet up for alteration of authorised share capital clause of the Company. The small cap company is currently trading at a price of Rs. 4211.9 per share and this can be the company's attempt to make its shares more affordable.
The RP Sanjiv Goenka Group company, Saregama is the oldest music brand that is a multi-lingual TV content developer. The company since 2017 is again in headlines owing to its 2 ventures, Saregama Carvaan and Yoodlee Films.
3. Shri Ganesh Biotech:
The company via an exchange filing informed that its board will meet on March 7 for deciding on bonus share issuance.
Shree Ganesh Biotech based out of Kolkata is the exporter, trader as well as distributor and supplier of agro products including -potato, paddy seed & medical plantation of stegia & white musli, cashews, canned food.
