Latest news with #FosecoIndia
Business Standard
15-05-2025
- Business
- Business Standard
Foseco India standalone net profit rises 36.72% in the March 2025 quarter
Sales rise 21.18% to Rs 148.51 crore Net profit of Foseco India rose 36.72% to Rs 21.67 crore in the quarter ended March 2025 as against Rs 15.85 crore during the previous quarter ended March 2024. Sales rose 21.18% to Rs 148.51 crore in the quarter ended March 2025 as against Rs 122.55 crore during the previous quarter ended March 2024. Particulars Quarter Ended Mar. 2025 Mar. 2024 % Var. Sales 148.51122.55 21 OPM % 18.3916.21 - PBDT 31.4923.43 34 PBT 29.1521.26 37 NP 21.6715.85 37
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Business Standard
13-05-2025
- Business
- Business Standard
Dividend, rights issue: Foseco India, 2 others to trade ex-date on May 14
Shares of Foseco India, Mahindra & Mahindra Financial Services, and R Systems International are expected to remain in the spotlight during today's trading session, as they will trade ex-date tomorrow, Wednesday, May 14, 2025, following their corporate announcements. Among them, Foseco India and R Systems International will trade ex-dividend, while shares of Mahindra & Mahindra Financial Services will turn ex-date following the announcement of a rights issue. According to the BSE data, chemical manufacturing company Foseco India has announced a final dividend of ₹25 per share for its shareholders. The company has set the record date for Wednesday, May 14, 2025, to determine shareholder eligibility for the dividend. IT service management company R Systems International, on the other hand, has announced an interim dividend of ₹6 per share for its shareholders, with the record date also set for Wednesday, May 14, 2025. Meanwhile, the Non-Banking Financial Company (NBFC) Mahindra & Mahindra Financial Services has announced the issuance of fully paid-up equity shares of the company, to the eligible shareholders, for an amount not exceeding ₹3,000 crore by way of Rights Issue. The Rights Entitlement ratio: 1 (one) rights equity share for every 8 fully paid-up equity shares held by the eligible equity shareholders of the company, as on the record date (eligible equity shareholders). Issue Price of ₹194 per fully paid-up equity share (including a premium of ₹192 per fully paid-up equity share). The entire issue price will be payable at the time of making the application in the issue. The NBFC has set Wednesday, May 14, 2025, as the record date to determine the shareholders who will be eligible to receive the Rights Entitlements under the Rights Issue. The ex-date refers to a trading date when a stock begins trading without the entitlement to dividends or rights issues. Thus, to qualify for these corporate actions, investors need to own the stock before the ex-date. Companies, however, declare the beneficiaries of dividends and rights issues based on the list of shareholders recorded by the end of the record date.
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Business Standard
09-05-2025
- Business
- Business Standard
SBI, IEX, Foseco, 6 others to go ex-dividend next week; do you own any?
Dividend stocks: Shares of India's largest private sector lender, State Bank of India (SBI), Indian Energy Exchange, Foseco India, Godrej Consumer Products, and five other companies are likely to stay in focus in the upcoming trading week from Tuesday, May 13, 2025, to Friday, May 16, 2025, following their announcement of dividend rewards for shareholders. IFGL Refractories, R Systems International, Aptus Value Housing Finance India, Fabtech Technologies Cleanrooms, and Advanced Enzyme Technologies also feature on the list. According to data available on the BSE, the shares of these companies will trade ex-dividend during the week as they have declared interim or final dividends, prompting investor attention around their respective ex-dates. The ex-dividend date is crucial for shareholders, as investors must own the stock before this date to be eligible for the declared dividend. The record date, typically the same day or the day after, is when the company finalises the list of eligible shareholders. Among the nine companies going ex-dividend during the week, Foseco India leads the pack with the highest final dividend of ₹25 per share, with both its ex-date and record date scheduled for May 14, 2025. On the same day as Foseco India, R Systems International will also trade ex-dividend, rewarding its shareholders with an interim dividend of ₹6 per share. Earlier in the week, on May 13, 2025, Godrej Consumer Products and IFGL Refractories will trade ex-dividend following their announcement of interim dividends of ₹5 per share and ₹6 per share, respectively. Rounding out the week, May 16, 2025, will also see Aptus Value Housing Finance India and Fabtech Technologies Cleanrooms trade ex-dividend for their respective interim dividends of ₹2 per share. Meanwhile, State Bank of India (SBI), and Indian Energy Exchange will trade ex-dividend on the same day for final dividends of ₹15.90, and ₹1.50 per share , respectively. Company Ex-date Purpose Record Date Godrej Consumer Products May 13, 2025 Interim Dividend - ₹5 May 13, 2025 IFGL Refractories May 13, 2025 Interim Dividend - ₹6 May 13, 2025 Foseco India May 14, 2025 Final Dividend - ₹25 May 14, 2025 R Systems International May 14, 2025 Interim Dividend - ₹6 May 14, 2025 Aptus Value Housing Finance India May 16, 2025 Interim Dividend - ₹2 May 16, 2025 Fabtech Technologies Cleanrooms May 16, 2025 Interim Dividend - ₹2 May 16, 2025 Indian Energy Exchange May 16, 2025 Final Dividend - ₹1.50 May 16, 2025 State Bank of India May 16, 2025 Final Dividend - ₹15.90 May 16, 2025 Advanced Enzyme Technologies May 16, 2025 Interim Dividend May 17, 2025 (Source: BSE/ Besides these, the board of Advanced Enzyme Technologies is scheduled to meet on Tuesday, May 13, 2025, to consider and recommend a final dividend, if any, for the financial year ended March 31, 2025, and/or to consider and declare an interim dividend, if any, for the financial year ending March 31, 2026. "The record date for determining the shareholders eligible for the payment of the aforesaid interim dividend for FY2025–26, if declared by the Board of Directors of the company, shall be Saturday, May 17, 2025," said Advanced Enzyme Technologies in an exchange filing.
