Wheels India to turn ex-bonus, ex-dividend

Updated - August 06, 2018 at 08:44 PM.

 

Shares of Wheels India will remain in focus on Tuesday, as they turn ex-bonus and ex-dividend on Wednesday. Investors wishing to receive the bonus and dividend need to own these shares by Tuesday. Wheels India is rewarding its shareholders with a 1:1 bonus and ₹9 (face value ₹10 each) as final dividend. Currently, promoters hold 75 per cent in Wheels India. Among the public are GIC (1.46 per cent), Reliance Capital ELSS (7.79 per cent) and retail investors (8.36 per cent).

Published on August 6, 2018 15:14