By Malvika Gurung
Investing.com -- A slew of companies is lined up to release their earnings results for the March ending quarter on Friday, along with other corporate actions scheduled for the day.
Among major activities for today, the cigarettes-to-hotels conglomerate ITC (NS: ITC ) will go ex-dividend, while the country’s largest bank State Bank Of India's (NS: SBI ) record date for dividend payment is set for the day.
Companies including Hindalco Industries (NS: HALC ), Zee Entertainment (NS: ZEE ), Berger Paints (NS: BRGR ), Motherson Sumi Systems (NS: MOSS ), Muthoot Finance (NS: MUTT ), Union Bank of India (NS: UNBK ), Quess Corp (NS: QUEC ), Bharat Dynamics (NS: BARA ), and Cummins India (NS: CUMM ), among others, will release their earnings results for the March quarter.
ITC: The blue-chip company’s board of directors proposed a final dividend of Rs 6.25/share for FY22, setting the record date for determining shareholders' eligibility at May 28, 2022, and its stock will go ex-dividend on May 26.
The building material company Visaka Industries (NS: VSKI ) will go ex-dividend today. It had announced a final dividend of Rs 8/share for the last fiscal year.
The realty major Oberoi Realty 's (NS: OEBO ) board will consider going for a preferential issue on Thursday stated an ET report.
Davangere Sugar Company will go ex-rights today, and the manufacturing studio Vinny Overseas (NS: VINN ) will go ex-bonus, as its board had announced a bonus issue of 1:10.
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