Latest news with #SamvardhanaMothersonInternational
Economic Times
2 days ago
- Business
- Economic Times
Explained: Motherson Sumi, Samvardhana Motherson didn't crash 32%. Bonus issue explains sharp price drop
Shares of Samvardhana Motherson International and Motherson Sumi Wiring appeared to plunge over 32% in early trade on Friday, July 18, showing sharply lower prices in investor demat accounts. But the steep drop was not a market rout, it was a technical adjustment following the companies' 1:2 bonus issues that took effect today, with stock prices recalibrating accordingly and no impact on the overall value of shareholder holdings. ADVERTISEMENT Samvardhana Motherson shares began trading ex-bonus on Friday following the company's 1:2 bonus issue, its 11th such issue in the last three decades. Shareholders will receive one bonus share for every two shares held as of the record date, which was set for July 18. The last day to buy the shares and remain eligible was Thursday, July 17. For example, an investor holding 200 shares will be allotted 100 bonus shares, increasing the total number of shares held to 300, with the per-share price adjusting proportionately. On Thursday, July 17, the Samvardhana Motherson stock had closed at Rs 153.85 on the BSE. On Friday morning, it opened at Rs 104.65, a decline of around 32% on paper, reflecting the bonus adjustment. The stock was trading 0.3% higher by mid-morning. This marks the 10th bonus issuance by Samvardhana Motherson since November 2000. Motherson Sumi Wiring, the demerged entity of Samvardhana Motherson, also implemented a 1:2 bonus issue, its first since listing. The record date was also July 18. ADVERTISEMENT Shares of Motherson Sumi Wiring closed at Rs 64.40 on Thursday and opened at Rs 43.70 on Friday, implying a 32% decline on paper, again, a direct outcome of the bonus adjustment. The stock was up 2.5% in early bonus ratio entitles shareholders to one bonus share for every two shares held. For instance, an investor with 100 shares will receive 50 bonus shares, increasing their total holdings to 150. ADVERTISEMENT Although the per-share price appears to have dropped significantly on paper, investors have not lost any value. The total worth of their holdings remains unchanged as the number of shares increases to offset the reduced example, a shareholder holding 300 shares of Motherson Sumi Wiring at Rs 60 apiece, a total value of Rs 18,000, will now hold 450 shares priced at approximately Rs 40 each, maintaining the same overall investment value. ADVERTISEMENT Also read | Motherson Sumi, Samvardhana Motherson International shares rise up to 4% on bonus share issue record date Both companies have announced that the deemed date of allotment for the bonus shares will be Monday, July 21. These bonus shares will be made available for trading on the next working day, i.e., Tuesday, July 22. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Economic Times
3 days ago
- Business
- Economic Times
2 Motherson Group companies approach ex-date for 1:2 bonus share issue. Do you own?
Samvardhana Motherson International and Motherson Sumi Wiring will trade ex-bonus from Friday, with July 17 as the last day to buy shares for bonus eligibility. Both companies announced a 1:2 bonus share issue, meaning investors will receive one additional share for every two shares held. The record date for determining shareholder eligibility is July 18, 2025. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Motherson Sumi Wiring The shares of Samvardhana Motherson International Ltd (SAMIL) and Motherson Sumi Wiring will start trading on an ex-bonus basis from Friday, as these companies announced July 17 as the record date for determining the shareholder makes today the last day to buy the shares of these companies. Here's all you need to know:The company announced a bonus issue for shares in the ratio 1:2, which means that for every 2 shares already held by the company, the investors will be credited with an additional share.'Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed July 18, 2025 as 'Record Date', for the purpose of ascertaining the eligibility of shareholders entitled for issuance of bonus shares by the Company.' the company said in an exchange to Trendlyne data, Samvardhana Motherson International has carried out 10 bonus share issues since November Wednesday, the shares of Samvardhana Motherson International closed 1.2% lower at Rs 154.15 on the board of Motherson Sumi Wiring also announced a 1:2 bonus share issue for its shareholders, fixing July 18 as the record date. This means, if you own 100 shares of the company, you will receive 50 bonus shares (1 bonus share for every 2 shares).After the bonus issue, your total shares will become 150.'Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed July 18, 2025 as 'Record Date', for the purpose of ascertaining the eligibility of shareholders entitled for issuance of bonus shares by the Company,' the company had Sumi Wiring India has given 2 bonuses since November 2022, states the Trendlyne Sumi Wiring shares closed flat at Rs 64.52 on the BSE on Wednesday.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
3 days ago
- Business
- Time of India
2 Motherson Group companies approach ex-date for 1:2 bonus share issue. Do you own?
The shares of Samvardhana Motherson International Ltd (SAMIL) and Motherson Sumi Wiring will start trading on an ex-bonus basis from Friday, as these companies announced July 17 as the record date for determining the shareholder eligibility. This makes today the last day to buy the shares of these companies. Here's all you need to know: Explore courses from Top Institutes in Select a Course Category Data Analytics MCA Product Management Cybersecurity Digital Marketing Data Science Finance Public Policy MBA Operations Management Others others Degree Technology Project Management Data Science PGDM Artificial Intelligence Healthcare Design Thinking Leadership healthcare CXO Management Skills you'll gain: Data Analysis & Visualization Predictive Analytics & Machine Learning Business Intelligence & Data-Driven Decision Making Analytics Strategy & Implementation Duration: 12 Weeks Indian School of Business Applied Business Analytics Starts on Jun 13, 2024 Get Details Samvardhana Motherson International The company announced a bonus issue for shares in the ratio 1:2, which means that for every 2 shares already held by the company, the investors will be credited with an additional share. 'Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed July 18, 2025 as 'Record Date', for the purpose of ascertaining the eligibility of shareholders entitled for issuance of bonus shares by the Company.' the company said in an exchange filing. According to Trendlyne data, Samvardhana Motherson International has carried out 10 bonus share issues since November 2000. On Wednesday, the shares of Samvardhana Motherson International closed 1.2% lower at Rs 154.15 on the BSE. Motherson Sumi Wiring The board of Motherson Sumi Wiring also announced a 1:2 bonus share issue for its shareholders, fixing July 18 as the record date. This means, if you own 100 shares of the company, you will receive 50 bonus shares (1 bonus share for every 2 shares). After the bonus issue, your total shares will become 150. 'Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed July 18, 2025 as 'Record Date', for the purpose of ascertaining the eligibility of shareholders entitled for issuance of bonus shares by the Company,' the company had informed. Motherson Sumi Wiring India has given 2 bonuses since November 2022, states the Trendlyne data. Motherson Sumi Wiring shares closed flat at Rs 64.52 on the BSE on Wednesday. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Economic Times
20-06-2025
- Business
- Economic Times
HUL shares among 8 stocks will trade ex-dividend on Monday. Do you own?
Those buying the stock on the ex-date are not eligible for dividends and after the implementation of the T+1 framework, the record date and ex-date are the same in most cases unless there is a market holiday after the ex-date. Hindustan Unilever and RailTel Corporation, along with eight other companies, have set November 6 as the record date for their declared dividends. Today marks the last day to purchase shares to qualify for these dividends. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Shares of Hindustan Unilever HUL ), Samvardhana Motherson International , among 6 other companies, will likely remain in focus today as they begin trading on an ex-dividend basis from Monday, June 23, meaning today is the last day to purchase these shares to be eligible for the record date is the cut-off set by the company to identify shareholders who will receive the dividend. If your name appears as a shareholder on this date, you are entitled to the dividend, regardless of when you bought the the other hand, the ex-dividend date (or ex-date) is the first day the stock trades without the dividend benefit. Anyone buying the stock on or after the ex-date will not receive the upcoming dividend. Typically, the ex-date falls one business day before the record Indian stock markets follow the T+1 settlement cycle, investors must complete their share purchases by June 19 for the transaction to be settled and reflected in their demat accounts by the record board of HUL had announced a final dividend of Rs 24 per share, fixing Monday, June 23 as the record date for determining the shareholder eligibility.'This is further to our letter dated 24th April, 2025, wherein the Company had informed that the Register of Members of the Company will remain closed from Tuesday, 24th June, 2025 to Monday, 30th June, 2025 (both days inclusive) for the purpose of payment of Final Dividend and AGM of the Company. This is to inform that the record date for the above purpose is Monday, 23rd June, 202,' the company the past 12 months, Hindustan Unilever has announced a total equity dividend of Rs 29.00 per share, and based on a share price of Rs 2,294.20, this translates to a dividend yield of 1.26%.HUL shares closed flat at Rs 2,294.20 on the BSE on is a list of other companies that will start trading ex-dividend from Friday:Dalmia Bharat– Final dividend of Rs 5 per share (250%)Dynamic Cables– Final dividend of Rs 0.5 per share (5%)Kalpataru Projects International– Final dividend of Rs 9 per share (450%)Kansai Nerolac Paints– Special dividend of Rs 1.25 per share (125%) and a final dividend of Rs 2.5 per share (250%)Motherson Sumi Wiring India– Final dividend of Rs 0.35 per share (35%) Pilani Investment and Industries Corporation – Final dividend of Rs 15 per share (150%) Samvardhana Motherson International– Final dividend of Rs 0.35 per share (35%)(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
20-06-2025
- Business
- Time of India
HUL shares among 8 stocks will trade ex-dividend on Monday. Do you own?
Shares of Hindustan Unilever ( HUL ), Samvardhana Motherson International , among 6 other companies, will likely remain in focus today as they begin trading on an ex-dividend basis from Monday, June 23, meaning today is the last day to purchase these shares to be eligible for the dividend. The record date is the cut-off set by the company to identify shareholders who will receive the dividend. If your name appears as a shareholder on this date, you are entitled to the dividend, regardless of when you bought the shares. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 얼굴 기미, 저는 집에서 이렇게 해결했어요 (에스테틱 원장 실제글) 두아이연구원 Undo On the other hand, the ex-dividend date (or ex-date) is the first day the stock trades without the dividend benefit. Anyone buying the stock on or after the ex-date will not receive the upcoming dividend. Typically, the ex-date falls one business day before the record date. Since Indian stock markets follow the T+1 settlement cycle, investors must complete their share purchases by June 19 for the transaction to be settled and reflected in their demat accounts by the record date. Live Events HUL The board of HUL had announced a final dividend of Rs 24 per share, fixing Monday, June 23 as the record date for determining the shareholder eligibility. 'This is further to our letter dated 24th April, 2025, wherein the Company had informed that the Register of Members of the Company will remain closed from Tuesday, 24th June, 2025 to Monday, 30th June, 2025 (both days inclusive) for the purpose of payment of Final Dividend and AGM of the Company. This is to inform that the record date for the above purpose is Monday, 23rd June, 202,' the company said. Over the past 12 months, Hindustan Unilever has announced a total equity dividend of Rs 29.00 per share, and based on a share price of Rs 2,294.20, this translates to a dividend yield of 1.26%. HUL shares closed flat at Rs 2,294.20 on the BSE on Thursday. Here is a list of other companies that will start trading ex-dividend from Friday: Dalmia Bharat– Final dividend of Rs 5 per share (250%) Dynamic Cables– Final dividend of Rs 0.5 per share (5%) Kalpataru Projects International– Final dividend of Rs 9 per share (450%) Kansai Nerolac Paints– Special dividend of Rs 1.25 per share (125%) and a final dividend of Rs 2.5 per share (250%) Motherson Sumi Wiring India– Final dividend of Rs 0.35 per share (35%) Pilani Investment and Industries Corporation – Final dividend of Rs 15 per share (150%) Samvardhana Motherson International– Final dividend of Rs 0.35 per share (35%)
