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NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%

3 Stocks Go Ex-Dividend, Ex-Bonus, Ex-Split March 9

By ThePip Desk3 Stocks Go Ex-Dividend, Ex-Bonus, Ex-Split March 9

Axtel Industries, Cupid, and Tanfac Industries go ex-date March 9. Shareholders can get dividends, bonus shares, and stock splits. Learn more!

Axtel Industries Ltd, Cupid Ltd, and Tanfac Industries Ltd are set to trade ex-date on March 9, triggering eligibility for dividend, bonus, and stock split benefits for their respective shareholders.

Axtel Industries: Dividend Announcement

Axtel Industries Ltd, an engineering firm specializing in process equipment, has declared an interim dividend. Shareholders on record before March 9 will qualify for this benefit.

  • Interim Dividend: Rs. 12 per equity share
  • Closing Price (March 6): Rs. 457.65
  • Daily Gain (March 6): 7.76%

Cupid Ltd: Bonus Issue Details

Cupid Ltd, a manufacturer of condoms and diagnostic kits, is issuing bonus shares. The company’s shares will trade ex-bonus on March 9.

  • Bonus Ratio: 4:1 (four bonus shares for every one held)
  • Closing Price (Friday): Rs. 80.4
  • Daily Change (Friday): Down 0.81%

Tanfac Industries: Stock Split Imminent

Tanfac Industries Ltd, a joint venture focused on fluorine-based chemicals, is implementing a stock split. This adjustment will alter the nominal value of its shares.

  • Stock Split Ratio: 2:1
  • Face Value Change: From Rs. 10 to Rs. 5
  • Closing Price (Friday): Rs. 3,979.50
  • Daily Change (Friday): Down 0.56%
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