Corporate actions this week: NMDC, Jupiter Wagons to go ex-dividend, South Indian Bank right issue and mor

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Natco Pharma, Suprajit Engineering, NMDC, and Jupiter Wagons will trade ex-dividend, while The South Indian Bank's rights issue's ex-date is fixed this week.Agencies..

On Monday, 26th February, Fineotex Chemical (Rs 1.2/share), Gateway Distriparks (Rs 0.75/share), Natco Pharma (Rs 1.25/share), Suprajit Engineering (Rs 1.1/share), and Vibrant Global Capital (Rs 1.25/share) will trade ex-dividend..

Meanwhile, South West Pinnacle Exploration (Rs 0.25/share) and The United Nilgiri Tea Estates Company (Re 1/share) will trade ex-dividend on Wednesday, 28th February..

A company issues bonus shares for their shareholders in order to increase the liquidity of the stock as well as with the aim to decrease its stock price to make it affordable for investors...

A rights issue is a prevalent form of corporate action where the company invites existing shareholders to buy additional shares in the company at a discounted price within the said period (the cut-off date)...

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