| Purpose | Announcement Date | Bonus Date | Record Date | Bonus Ratio |
|---|---|---|---|---|
| Bonus | 3 Sep 2024 | 20 Sep 2024 | 20 Sep 2024 | 1:1 |
| 1:1 Bonus Issue of Equity Shares Trading Members of the Exchange are hereby informed that RITES Limited has fixed Record Date for the purpose of Bonus Issue of Equity Shares of the Company. The transactions in the Equity Shares of the Company would be on an Ex-Bonus basis with effect from the under-mentioned date :- DEMATERIALISED SECURITIES - ROLLING SETTLEMENT SEGMENT COMPANY NAME & CODE RITES Limited (541556) RECORD DATE 20.09.2024 PURPOSE Issue of 01 (One) Bonus Equity Share of Rs.10/- each for every 01 (One) existing Equity Share of Rs.10/- each held Ex-Bonus basis from Date & Sett. No. 20/09/2024 DR- 720/2024-2025 (As Per BSE Notice Dated on 17.09.2024) | ||||
RITES also declared a first interim dividend of ₹1.30 per share for FY26, with August 12 set as the record date.
The MoU is set to fast-track inclusive growth, future-ready development, harnessing the strengths of each entity to resolve pressing development problems.
The project will be executed at BEL’s Palasamudram unit in Andhra Pradesh and is expected to be completed over 24 months.
The contract was awarded by the Department of Collegiate and Technical Education (DCTE), Bengaluru, under the centrally sponsored PM USHA Scheme.
BSE Analytics stated that RITES have given multibagger returns, gaining over 152.32% in the past three years.
The board also recommended a final dividend of ₹2.65 per share for FY25.
The two public sector firms plan to explore ways to work together on setting up a steady, secure supply chain for metals and minerals, including those considered critical to the country’s long-term needs.
The project is to jointly develop a supply chain that is fast, dependable, and sustainable, covering a range of minerals, including copper and other strategically important resources.
Here are some of the stocks that may see significant price movement today: Bharat Electronics, Asian Paints, Larsen & Toubro, etc.
The work entails technical and management assistance for the proposed Phase-II SILO rail connectivity project at the Lakhanpur Area of MCL, as stated in the firm's regulatory filing.
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