IEX board to discuss share buyback proposal

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IEX board to discuss share buyback proposal

Friday will see three stocks of Veer Energy, Commercial Syn Bags and Maharashtra Seamless go ex-bonus, five stocks of Abans Enterprises, Premco Global, Golechha Global Finance, NILE and Manaksia going ex-dividend and two stocks Dev Information Technology and Mafatlal Industries going ex-split. Two other stocks, Roni Households and SMC Credits, will go ex-rights today. The board of Indian Energy Exchange IEX will meet today to discuss a share buyback proposal.

Manaksia will go ex-dividend today. An interim dividend of 3 per share was announced by the company. The dividend will be paid on December 9.

NILE will go ex-dividend today. The interim dividend was announced by the company. The dividend will be paid on December 11.

Premco Global will go ex-dividend today. The interim dividend was announced by the company. The dividend will be paid on December 10.

Golechha Global Finance will go ex-dividend today with Rs 1 per share and Abans Enterprises Re 0.10 per share going ex-dividend.

Three stocks of Veer Energy, Commercial Syn Bags and Maharashtra Seamless will go ex-bonus today. Commercial Syn Bags had announced a bonus in the 2: 1 ratio. Maharashtra Seamless had announced a bonus issue in the 1: 1 ratio while Veer Energy had announced a bonus issue in the 3: 10 ratio.

Two stocks of Dev Information Technology from Rs 10 to Rs 5 and Mafatlal Industries from Rs 10 to Rs 2 will go ex-split today while two others Roni Households and SMC Credits will go ex-rights today.

No security is banned in the F&O segment. Derivative contracts are banned when it crosses 95 per cent of the market-wide position limit MWPL. No new positions can be created in the derivative contracts of the security. This prohibition is lifted when the open interest in the stock drops below 80 per cent of the MWPL across exchanges.