Adani Enterprises stock soared today. The company said that it has fixed July 7 as the record date for determining the entitlement of the members eligible for receiving dividend and it will be paid on or after July 21.
Read More: Bakra Eid market holiday: NSE, BSE to remain shut on Wednesday
Adani Enterprises share price jumped 2.11% to Rs 2344.3 today after the group issued a disclosure, clarifying its position on reports that the US SEC has subpoenaed US investors. The Gautam Adani-led group said, “We are not aware of any subpoena to the US investors by SEC. It is routine that various regulators will seek access to public material.” Meanwhile, the company informed stock exchanges on Tuesday that it has fixed July 7 as the record date for determining the entitlement of the members eligible for receiving dividend and it will be paid on or after July 21. The company’s 31st AGM will be held on July 18 at 10 AM.
Read More: Cyient DLM IPO to hit the Street today; here’s what Anil Singhvi recommends
“The company has fixed Friday, 7th July 2023 as the ‘Record Date’ for the purpose of determining the entitlement of the members of the Company to receive a Dividend of Rs 1.20 (@ 120%) per equity share having face value of Re. 1/- each fully paid up for the financial year 2022-23. The said Dividend, if declared by the shareholders at the ensuing AGM, shall be paid on or after 21st July 2023, subject to deduction of tax at source as applicable,” Adani Enterprises said.
Read More: Stocks to Watch: TCS, Zee Ent, Airtel, Lupin, Sapphire Foods, SBI Life, and Others
Adani Group stocks were trading mixed today. Adani Ports share fell 0.41%, Adani Green Energy tumbled 0.83%, Adani Total Gas dipped 0.13% and ACC was down 0.14% while Adani Power shares rose 1.14%, Adani Transmission shares gained 0.85%, Adani Wilmar rose 0.29%, Ambuja Cement jumped 2% and NDTV soared 5% and hit the upper circuit. Meanwhile, domestic indices, NSE Nifty 50 and BSE Sensex were trading higher today. The Nifty 50 jumped 46.85 points or 0.25% to 18,738.05 and Sensex surged 166.10 points or 0.26% to 63,136.10.
