Monetary opportunity offering Rs 50 dividend per share; the date for recording shareholders set for the following Monday
News Article
Bengal & Assam Company Announces Dividend of Rs 50 Per Share
In a significant development, Bengal & Assam Company has announced a dividend, although the details regarding the record date, credit date, payout date, and ex-dividend date remain unspecified. The company has not disclosed the type of dividend (interim, final, special, etc.) or any conditions or eligibility criteria for shareholders to receive the dividend.
Meanwhile, the National Stock Depository Limited (NSDL) has announced that the dividend record date for 2025 is today, with the credit date scheduled after Diwali.
Elsewhere in the market, Samvardhana Motherson's share price target has been hiked by Citi, but the reasons for this move are not mentioned. The search results do not contain information about the name of the CEO (Vorstandsvorsitzenden) of the Bengal & Assam Company at the time of reporting.
The stock market is expected to be active today, with stocks like Vedanta, JSW Energy, Adani Group stocks, Oil India, and more making the list of stocks to watch. TCS and Vodafone Idea have inked a 5-year deal, but the reasons for the deal remain undisclosed.
On a somber note, MobiKwik has frozen 2000 merchant accounts due to huge losses.
In other news, an explanation of derivative trading and how futures and options work in the stock market has been provided. A list of 123 stocks going ex-date today with dividends, splits, and rights issues is also available. However, the total amount of dividend to be distributed by Bengal & Assam Company remains undisclosed.
The net direct tax revenue has risen 9% to Rs 10.82 lakh crore by September 17, but the specific details are not specified.
Stay tuned for more updates as we continue to monitor these developments.
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