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Friday, May 07, 2010

[stock_win_india] Rights Issues, Bonus Issues, Record Dates and RNRL Buying?

 

Hi,

There are good number of record date announcements, bonus issue and stock splits news and also market news, check them out below. Join and SUBSCRIBE 5700+ subscribers community who is getting daily updates like these from us.

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Reliance Natural Resources (RNRL) fell 24.58%. The stock declined on huge volume of 7.26 crore shares. Other energy stocks of Anil Dhirubhai Ambani group also slumped. Reliance Power fell 9.26% and Reliance Infrastructure declined 6.79%.

Now the question is, can you invest in RNRL at this price?

Shree Ram Mills Ltd informed the market yesterday that it has decided to go for Rights Issue and have also appointed a committee for the same which will come out with the pricing, ratio, appointment of agencies and other matters pertaining to the said Rights issue.

Murudeshwar Ceramics has informed the market that the company at its meeting held on May 06, 2010, has proposed to issue further equity shares on Rights basis to the existing members in such ratio and at such price as may be decided in due course, for an aggregate sum not exceeding Rs. 75,00,00,000/- (Rupees Seventy [...]

Mediaone Global Entertainment has informed the market that they will meet on May 12th 2010 to decide on Bonus issue , after the news hit the street the company stock was locked at 5 percent upper limit at Rs 81.75 on BSE. The last bonus issue yielded 5:1 Bonus to investors in Dec 2007.

Tilak Finance has fixed 18 May 2010 as the record date for the purpose of issue of 4 bonus equity shares to each shareholder holding 1 equity share.


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Stock Market Investor
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