Wednesday would see Hatsun Agro Products' shares go ex-rights while Hinduja Global Solutions' shares turn ex-dividend. Data available with BSE suggests that Advait Infratech will turn ex-EGM today.
Hatsun Agro Products, whose shares have fallen 23 per cent this calendar, will go ex-rights today. A rights issue to eligible equity shareholders of the company was approved by the company board on September 19 for fully paid-up equity shares for an amount of up to 400 crore. In that regard, it formed a rights issue committee.
The rights issue committee of the company board approved the terms of the rights issue that included issuing up to 71,85, 444 fully paid-up equity shares, aggregating up to Rs. 301.07 crore. The rights issue was priced at Rs 419 per share and the record date is December 8. The shares of Hatsun Agro Products closed at Rs 968.70 on Tuesday.
Hinduja Global Solutions is going to be ex-dividend today. The interim dividend of Hinduja Global Solutions was announced by Hinduja Global Solutions. The record date for the same is December 8 and the dividend will be paid on December 14.
Advait Infratech will be turning ex-EGM today. The company will hold its EGM on December 14 at 11 am. The cut-off date for members who can vote on resolutions set out in the notice of the EGM or attend and vote at the EGM has been fixed by the company.
Shares of GNFC, Indiabulls Housing and Punjab National Bank are outlawed 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. The prohibition is lifted when the open interest in the stock drops below 80 per cent of the MWPL across exchanges.