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The ex-dividend date is when the price of the equity shares of a company gets adjusted for the dividend payout. It is one or two working days before the record date. All the shareholders whose names appear in the company's list by the end of the record date will be eligible to receive dividends
The domestic equity market closed higher on Friday. Sensex rose 969 points to 71,483 and Nifty gained 274 points to 21,546. Here's a look at stocks that are likely to remain in news next week.
The company board of IFL is scheduled to be held on November 1, 2023 to consider issues like buyback, dividend distribution, bonus share issuance and collaboration with Charter Papers.
IFL Enterprises has also signed a memorandum of understanding (MoU) with Charter Paper Pty Ltd, an Australian family-owned company specializing in paper products.
Shares of IFL Enterprises surged more than 17 per cent to Rs 16.90 on Monday, hitting its new 52-week high, commanding a total market capitalization of about Rs 385 crore.