&w=3840&q=100)
Dividend, bonus, rights issue: L&T, Nuvama Wealth & 3 others in focus
Ex-dividend date, June 3, 2025: Larsen & Toubro (L&T), Nuvama Wealth Management, and four other companies are expected to be in focus today as they will trade ex-date tomorrow, June 3, 2025. In light of recent announcements regarding corporate action such as dividends, bonus issues, and rights issues, drawing attention from investors.
It should be noted that the record date and ex-date for the mentioned stocks are the same.
Shares trading ex-date for final and interim dividend
Atishay has declared a final dividend of ₹1 per share, L&T ₹34 per share, and Sunshield Chemicals ₹2.5 per share, according to corporate action data by BSE. These dividends will only be paid to shareholders who own the shares before June 3, 2025, which is the ex-dividend and record date for all three companies.
Meanwhile, Nuvama Wealth Management has announced an interim dividend of ₹69 per share.
An interim dividend is the dividend paid by a company to its shareholders before the end of its financial year and before the final dividend is declared. On the other hand, a final dividend is the dividend declared by a company after the end of its financial year, based on its full-year profits, and is approved by shareholders at the Annual General Meeting (AGM).
Rights issue
Rajnish Wellness has announced a rights issue involving 48,67,00,618 equity shares with a face value of ₹1 each, amounting to a total issue size of ₹49.9 crore.
A rights issue is a way for a company to raise additional capital by offering new shares to its existing shareholders, usually at a discounted price, in proportion to their current holdings.
The ex-date refers to when a stock began trading without the entitlement to dividends, rights issues or bonus issues. This means that on or after this date, dividend, subdivision (stock split), bonus issue, or rights issue will not be available to a new buyer of the stock. To qualify for receiving these benefits, investors must own the stock before the ex-date. The beneficiaries of dividends, subdivisions (stock split), or rights issues, however, are determined by the company based on the list of investors recorded by the end of the record date.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
5 hours ago
- Time of India
Microbreweries must certify beer quality before serving
New Delhi: To ensure that microbreweries maintain the quality of their products, the excise department of Delhi govt has issued instructions that samples of freshly brewed beer must be certified by their in-house chemists each day before the alcoholic beverage is served to customers. The excise department has also asked the microbreweries to get their samples tested at least once a month in department-owned laboratories and display the certificate prominently at their premises. "As per the terms and conditions of the L-11 licence, the beer produced in a microbrewery shall be released for sale only after the said chemist certifies that such beer is fit for human consumption on a daily basis," the excise department said in its order. "The licensee shall arrange to draw the beer samples once every month and forward the same to the excise laboratory for analysis. The report obtained shall be displayed on the premises of the microbrewery," the order added. The department also asked the owners of microbreweries to send the certificate issued by the chemical examiner for each batch of brewed beer. There are nearly 10 microbreweries in the capital that sell freshly brewed beer to customers on the premises. These microbreweries are issued an L-11 licence to operate by the excise department.
&w=3840&q=100)
Business Standard
5 hours ago
- Business Standard
3D-printed villas: A tech-driven future for luxury housing in India
Luxury real estate in India is embracing a futuristic edge with 3D-printed villas emerging as a new frontier in high-end housing. Though still a nascent segment, companies such as Godrej Properties and Larsen & Toubro (L&T) are pioneering the adoption of 3D construction technologies, signalling a paradigm shift in how premium homes are designed and built. Mumbai-based Godrej Properties, in partnership with Chennai-headquartered deeptech startup Tvasta, recently unveiled India's first 3D-printed villa at Godrej Eden Estate in Maan Hinjewadi, Pune. Spanning over 2,200 sq ft, the villa was constructed using a specialised concrete 3D printer that translates digital blueprints into physical structures through precise layering of concrete. According to Vikas Singhal, chief operating officer at Godrej Properties, the technology leverages advanced algorithms to convert 2D and 3D architectural designs into printable formats. This enables the automated production of complex, organic forms with high structural integrity — dramatically reducing construction time when compared to traditional methods. It helps to reduce the structure work duration by half by replacing manual efforts with automation. 3D printing allows customers to personalise every element — from façades to floor plans, said Singhal. Intricate architectural details and unconventional shapes that are difficult to achieve using conventional construction techniques can now be executed seamlessly, he added. The luxury quotient, he said, lies in the design freedom the technology affords. Features such as sculptural staircases, open-plan layouts, and flowing, nature-inspired exteriors are made possible by the precision of 3D construction. The villa at Godrej Eden Estate, for instance, includes a host of amenities such as a water feature, gazebo, outdoor seating, a barbecue corner, children's play area, and a multi-purpose lawn. Beyond the shell However, while the structural shell is printed, interior finishes continue to be executed using traditional craftsmanship to maintain the high standards expected in luxury homes. From a commercial perspective, Singhal acknowledged that while 3D printing offers long-term value through speed, accuracy, and reduced material waste, high upfront costs and limited market adoption remain challenges. That said, he was confident that as deployment scales and technology becomes more accessible, costs would decline, opening avenues for sustainable and efficient housing solutions. He added that the method's ability to deliver customisation without significant cost escalation, along with faster project delivery, presents a compelling business case over time. Meanwhile, engineering giant L&T has constructed six 3D-printed villas at Varthur in Bengaluru for Prestige Group. Each villa measures approximately 4,000 sq ft and is part of the larger Prestige Lakeside Habitat development — marking a significant milestone in automated residential construction. MV Satish, advisor to the chairman and managing director (Buildings & Factories), L&T, highlighted the departure from traditional construction, which often relies on standardised designs and repetitive formwork to manage costs. He said 3D concrete printing eliminates the need for formwork altogether. CAD designs can be directly translated into physical structures, allowing every villa to be uniquely tailored to the buyer's preferences, he explained. State-of-the-art technologies such as Building Information Modelling (BIM), construction sequence mapping, and virtual reality walkthroughs further enhance the customer experience. The result is a highly customised, tech-enabled home delivered with shorter turnaround times. Beyond aesthetics and speed, 3D-printed villas also offer strategic advantages for developers. Faster construction means quicker possession and lower financing and overhead costs, Satish said, adding that the ability to offer design flexibility gives developers an edge in a competitive market. Intrigue factor Despite these innovations, the market remains niche. Anuj Puri, chairman of Anarock Group, pointed out that current demand is largely 'created', driven by forward-thinking developers and tech-savvy, high-networth individuals. 'High-end villas must, in any case, come with bragging rights, and owning a villa built with the world's latest construction technology is a major talking point for NRIs and wealthy families who want their real estate to be different,' Puri said. Cost dynamics are nuanced. While 3D printing can cut structural costs by 10–30 per cent through savings on labour and materials, these are often offset by the expense of leasing foreign-made printers and importing specialised cement — adding up to 20 per cent to the overall cost. Developers may also mark up prices by 10–25 per cent for the novelty factor, with interior and technology enhancements adding further premiums. Puri believes the true potential of 3D-printed housing will be unlocked only when printer costs fall and regulatory frameworks adapt to accommodate taller, high-density structures — enabling broader adoption beyond the luxury segment. Buyer interest, meanwhile, is growing. 'Many are intrigued by the process and keen to explore how they can build their own 3D-printed homes,' Singhal said. At Godrej Eden Estate, a key buyer segment includes mid-sized business owners aged 35–60, seeking luxury homes close to their workplaces or business hubs. Singhal added they are seeing strong interest from senior IT professionals returning from overseas, particularly those settling in Pune. 'Nearly half our buyers are from Maharashtra, with the rest from across India.' As luxury real estate continues to evolve, 3D-printed villas may well represent the next chapter in design-led, tech-enabled living — where innovation meets aspiration.
India Gazette
6 hours ago
- India Gazette
Scale and potential of India make it a
ANI 03 Jun 2025, 18:55 GMT+10 New Delhi [India], June 3 (ANI): IndiGo CEO Pieter Elbers on Tuesday said that Indian aviation has enormous growth opportunity for both domestic and international markets. The scale and potential of India have made it a 'beautiful opportunity' compared to China, which used to have significant development in terms of growth and number of aircraft and travellers a decade to reporters in New Delhi, IndiGo's CEO said, 'China had a significant development in terms of growth and number of aircraft and travellers. Probably like a decade ago, the entire development was there. When we speak about this being India's time, we see enormous growth.' Talking about the message of the 81st Annual General Meeting (AGM) of the International Air Transport Association (IATA) being held in New Delhi from June 1 to 3, IndiGo CEO said that the big message from this AGM is that this is 'India's time.' 'Big message from this AGM is this is India's time, and the scale and potential and opportunity of India have been a beautiful opportunity here to showcase that to the rest of the world,' Elbers told reporters in the National last AGM in India was held 42 years ago in 1983. It brings together more than 1,600 participants, including top global aviation industry leaders, government officials and international media CEO thanked Prime Minister Narendra Modi and the government of India for the continuous support.'With the support of the Indian government and the strong commitment not only in words but even more so in presence and in actual steps being taken and outlining the vision of the Prime Minister and outlining all the steps and the opportunities which are, I think, it has been very successful in showcasing that to the rest of the world expanding and adding more and more destinations,' he said. IndiGo's CEO stated that Indian domestic markets are witnessing enormous growth, and the opportunity for the international market is even greater. 'So if you look at that opportunity of new flights and more connections between India and Thailand and Malaysia and Singapore, the opportunity I would say is massive going forward. Again, we are taking the first steps into Europe, and clearly Italy has a lot of potential also for flights,' he Walsh, Director General of IATA, also thanked PM Modi, adding,'I think it's very exciting. I was honoured to meet the honourable Prime Minister. I think the fact that he was prepared to attend the AGM reinforced the vision that he has personally and the Indian government has for the development of the industry here. So very exciting; it was great to hear him talk firsthand about where he sees the industry developing into the future.' (ANI)
