Dividend and Rights Issue: Corporate Actions in Focus
- Share.Market
- 4 min read
- Published at : 25 Apr 2025 01:02 PM
- Modified at : 29 Apr 2025 06:03 PM
The shares of HCL Technologies and Lloyds Engineering are set for the upcoming record date on Monday, April 28, 2025, for the interim dividend and rights issue.
HCL Technologies has announced an interim dividend of ₹18 per equity share.
The company had previously announced an interim dividend of ₹12 per equity share and a special dividend of ₹6 per equity share on January 17, 2025, and interim dividends of ₹12 per equity share on October 22, 2024, and July 23, 2024.
HCLTech is a global technology company with 220,000+ professionals across 60 countries. It delivers innovative solutions through 210+ delivery centers and 60+ innovation labs. Backed by 2,000+ patents, it serves over 10,000 clients and is recognized as a top employer in 17 countries.
In FY25, HCLTech reported revenue of ₹1,17,055 crore, up 6.5%, and profit after tax of ₹17,390 crore, up 10.8%. In the January to March quarter (Q4FY25), revenue stood at ₹30,246 crore, with a PAT of ₹4,307 crore. The company secured $9.3 billion in deal wins during the year, driven by strong performance in software and digital services.
It has an impressive dividend yield of 3.80%. Let’s take a look at its Factor Analysis scores:
Lloyds Engineering Works, a leading player in the design and manufacture of heavy engineering equipment and systems has announced a rights issue in the ratio of 9:34. This means 9 right equity shares will be issued for every 34 fully paid up equity shares.
As of 12:30 PM, the company’s shares were trading at ₹69.00, and it has offered the right equity shares at ₹32.00 per share!
The record date is set as April 28, 2025, therefore, those investors whose names appear in the list of shareholders of the company as of this date will be eligible for the rights issue. The issue will close on Friday, May 30, 2025. This is the last day shareholders can apply for the rights equity shares.
Key Dates For Eligible Shareholders
▶️ Rights Issue Opening Date: Thursday, May 15, 2025
(This is the first day eligible shareholders can subscribe to the rights issue and apply for the rights equity shares.)
▶️ Rights Issue Closing Date: Friday, May 30, 2025
(This is the last day shareholders can apply for the rights equity shares.)
Over the past three years, this stock has given multibagger returns of over 300%.
Let’s take a look at its Factor Analysis scores:
Disclaimer
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