2 Small Cap, 1 Mid Cap Stocks Fix Record Date For Dividend, Rights Issue: Details Here

One small cap, one mid-cap stocks have fixed record date for interim dividend and 1 small cap stock has fixed record date for rights issue. These stocks are DCM Shriram, Accelya Solutions India, and Aarti Surfactants. Check key details below:

1. DCM Shriram Fixes Record Date For Interim Dividend

The company has fixed February 1, 2023 as the record date for interim dividend. According to the BSE filing of DCM Shriram, "Pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we write to inform you that a meeting of the Board of Directors of the Company will be held on Friday, 20th January, 2023, inter alia, to consider the Unaudited Financial Results (both Standalone and Consolidated) for the quarter and nine months ended 31.12.2022 and to consider the payment of 2 nd Interim Dividend, if any, for the financial year 2022-23."

Stock Performance: The current market price of the stock is Rs 889 apiece with 52-week high quoted at Rs 1263 apiece and 52-week low quoted at Rs 832 apiece, respectively. The company has a market capitalisation of Rs 14,761 crore.

Return: The mid cap company operating in Diversified sector has given 120% return in last 3-years and 59% return in last 5-years. It fell 10% in last 1-year.

2. Accelya Solutions India Fixes Record Date For Interim Dividend

The small cap IT Software company declared 2 February, 2023 as the record date for interim dividend.

The board of directors of Accelya Solutions said in the BSE filing, "We hereby inform you that a meeting of the Board of Directors of the Company will be held on Tuesday, 24th January, 2023 to consider, inter alia: i)Unaudited (standalone & consolidated) financial results for the quarter and six months ended 31st December, 2022; and ii)Declaration of interim dividend, if any. The record date for payment of interim dividend, if declared at the Board meeting, will be Thursday, 2nd February, 2023. Kindly take the above on record."

Accelya Solutions India Stock Performance: The current market price of the stock is Rs 1479 apiece with 52-week high at Rs 1749 and 52-week low at Rs 832 apiece, respectively. It has a market capitalisation of Rs 2208 crore.

Accelya Solutions India Return: The small cap stock has given 40% return in last 3-years and 34% return in last 1-year, and 39% return in last 3-months.

3. Aarti Surfactants Fixes Record Date For Rights Issue

The small cap company operating in Chemicals sector fixed January 17, 2023 as the record date for rights issue.

The company approved the following terms of the rights issue:

1. Total number of Partly Paid-up Equity Shares: 8,92,291 Partly paid up equity shares of Rs. 10/- each at an issue price of Rs. 555 (Rupees Five Hundred and Fifty-Five) per Equity Share aggregating to an amount of Rs. 49,52,21,505* to all the eligible equity shareholders of the Company on a rights basis.

2. Terms of Payment: - Rs. 222/- (Rupees Two Hundred and Twenty-Two) i.e. 40% on application and remaining 60% on subsequent calls as may be decided by the Committee of the Board from time to time.

3. Issue Price: Rs. 555 (Rupees Five Hundred and Fifty-Five Only) per Equity Share.

4. Right Entitlement Ratio: 2 (Two) Rights Equity Shares for every 17 (Seventeen) Fully Paid Equity Shares held by the Existing Shareholders on the Record Date.

Aarti Surfactants Stock Outlook & Return: The last trading price of the stock is Rs 640 apiece with 52-week high at Rs 1072 apiece and 52-week low at Rs 599 apiece, respectively. It has a market capitalisation of Rs 485 crore. It has given 34% return in last 5-years and declined 38% in last 1-year. In last 3-months, the stock has fallen 20%.

 

Disclaimer

The stocks give details pertaining to record date of Interim Dividend and Rights Issue. Greynium Information Technologies and the Author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.

Read more at: https://www.goodreturns.in/personal-finance/investment/icici-direct-bets-on-this-tata-group-mid-cap-stock-for-an-aggressive-43-gains-1252414.html