
News Topical, Digital Desk : Many companies have made announcements after the market closed on Thursday. Many of these companies have made dividend related announcements. Today Huzur Multiprojects, Patel Integrated Logistics, Tirupati Foam have announced the record date of dividend. Keep in mind that this is not an investment advice, here only information related to the corporate actions of the companies has been given.
Hazoor Multiprojects
company informed after market closed on Thursday that it has fixed the record date for payment of dividend. According to the company, 22 September is the record date for dividend. At the same time, AGM is to be held on 29 September in which the dividend proposal will be approved. After which the dividend will be paid. Patel Integrated Logistics company informed after market closed that the company has fixed 1 September as the record date for the dividend issued for the last financial year. The company had announced a final dividend of Rs 0.3 per share in May. The company's AGM is going to be held on 8 September, in this AGM, approval will be taken on the dividend. If approved, the dividend will be paid on 8 October or before that. Tirupati Foam company said in the information sent to the stock market that the directors have announced a dividend of one rupee per share. 22 September has been fixed as the record date for payment of dividend. What is record date? Record date is the date when all the investors present as shareholders in the record of the company get the benefit of corporate action. Due to T+1 settlement, if someone wants to take advantage of a corporate action, then shares have to be purchased before the record date.
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