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Emami board to discuss share buyback proposal today

24.03.2023

The board of Emami will consider a proposal for share buyback on Friday. The interim dividend will be declared by the Rail Vikas Nigam RVNL board on Wednesday. Gammon India will announce its results. Some of the stocks that will turn ex-dividend today would be SAIL, Bharat Electronics BEL Aditya Birla Sun Life AMC, Glenmark Life Sciences and Styrenix Performance. The shares of SAIL would turn out to be ex-dividend today. SAIL has announced an interim dividend of Re 1 per share and the record date for the same is today. The dividend will be paid on April 15. The shares of Bharat Electronics would turn ex-dividend today. The interim dividend was announced by Bharat Electronics at Re 0.60 per share and the record date is March 25. The dividend will be paid on April 16.

Glenmark Life Sciences shares would turn out to be ex-dividend today. Glenmark Life Sciences has announced an interim dividend of Rs 21 per share and the record date for the same is today. The dividend will be paid on April 15.

Shares of Aditya Birla Sun Life AMC would turn ex-dividend today. Aditya Birla Sun Life AMC has announced an interim dividend of Rs 5 per share and the record date for the same is March 25. The dividend will be paid on April 10. Styrenix Performance Materials shares would turn out to be ex-dividend today. Styrenix Performance Materials has announced an interim dividend of Rs 80 per share and the record date for the same is today. The dividend will be paid on April 15.

Emami's board of directors will meet today to discuss a proposal for the buyback of fully paid-up equity shares of the company. The FMCG firm subscribed equity share capital from Brillare Science Brillare a subsidiary earlier this month, so the company's stake in Brillare has increased from 80.59 per cent to 82.92 per cent on the issued and paid-up capital of the subsidiary company.

Shares of Ajanta Pharma will turn their ex-buyback today. The company had announced a buyback of 22,10, 500 shares at a price of Rs 1,425 per equity share, on a proportionate basis.

The Vivanza Bioscience stock will be divided into 10 shares of Re 1 each, with the face value of Rs 10 each. The shares of Growington Ventures India will turn ex-bonus in the 24: 100 ratio.