1. **Record Date**: The company has set a record date to determine eligible shareholders for an upcoming dividend payment. This corporate action will ensure that only those on the register as of the record date will receive the dividend.
2. **Dividend**: The company has declared an interim dividend of ₹3.00 per share, with a payment date set for the following month. This reflects the company’s strong financial performance and commitment to returning value to shareholders.
3. **Bonus**: A bonus issue of shares has been approved at a ratio of 1:5, with the record date confirmed for eligibility. This move aims to enhance shareholder value and increase liquidity in the market.
4. **Buyback**: The company is moving forward with a buyback plan of up to ₹500 Cr at a maximum price of ₹400 per share via a tender offer. This initiative is expected to reduce the number of shares in circulation and enhance earnings per share.
5. **Stock Split**: The company has announced a stock split in a 1:2 ratio, reducing the face value from ₹10 to ₹5 per share. This action is intended to improve liquidity and make shares more accessible to a broader range of investors.