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Mint
19 hours ago
- Business
- Mint
Inox Wind share price in focus on its offer for the rights issue of equity shares
Stock Market Today: Inox Wind share price remains in focus on Thursday as it announced its offer regarding the rights issue of equity shares. Inox Wind share price saw a positive opening on Thursday, though it corrected amid weakness in the Indian stock markets Inox Wind, on 23 July 2025, announced its Letter of Offer for the Rights Issue of Equity Shares of the Company. Inox Wind plans to issue up to 104,110,712 fully paid-up equity shares with a face value of Rs.10/- each, totaling Rs.1,249.33 Crores on a rights basis to qualifying shareholders. Rights issue price—The rights issue is priced at Rs. 120/- per equity share, including a premium of Rs. 110/- per equity share. Eligible shareholders will receive 5 Rights Equity Shares for every 78 fully paid-up Equity Shares held on the Record Date. Record date for Inox Wind Rights issue—The record date for the rights issue has been set as Tuesday, July 29, 2025. As per intimation by Inox Wind on the National Stock Exchange of India and the BSE, or the Bombay Stock Exchange, "Inox Wind has proposed a rights issue of 10,41,10,712 fully paid-up equity shares of the face value of Rs.10/- each for an aggregate amount not exceeding Rs.1,249.33 crores on a rights basis to the eligible shareholders of the company. The rights issue is at a price of Rs. 120/- per equity share (including a premium of Rs. 110/- per equity share) in the ratio of 5 (five) rights equity shares for every 78 (seventy-eight) fully paid-up equity shares held by eligible shareholders as on the record date, i.e., Tuesday, 29th July, 2025. The Inox Wind share price opened at ₹ 166.95 on the BSE on Thursday post, slightly higher than the closing price of ₹ 165.60 on Wednesday amid weakness in the Indian stock markets. The Inox Wind share price, after seeing a positive opening, corrected thereafter as the benchmark indices also corrected, and the S&P BSE Sensex was down 0.3-0.4%. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Hans India
a day ago
- Entertainment
- Hans India
More than acting, Vizag taught me to be courageous: Pawan
Visakhapatnam: Two years back, when the previous government tried to crumple and restrict movement, creating a sense of fear, scores of people in Visakhapatnam came in droves to extend their support and give courage to fight back, recalled Deputy Chief Minister and power star K. Pawan Kalyan. Inspiring his admirers at the pre-release event of his movie 'Hari Hara Veera Mallu' organised at Andhra University Convention Centre in Visakhapatnam on July 23 (Wednesday) with his 'powerful' address, Pawan Kalyan emphasised, 'More than acting, Vipawasakhapatnam taught me to be courageous, encouraged me to question injustice in the system and help those who were in need even while getting trained under star-maker L Satyanand,' the Deputy CM confessed. There were instances where the ticket of his film was sold at over Rs.10 and Rs.15 during the YSRCP's tenure and despite the hurdles planted by the previous government, Pawan Kalyan highlighted that none of it impacted the success of the movies he acted in. 'But after the NDA government came to power, the alliance has been allocating funds even to the Sarpanches of the Opposition without any disparity,' he asserted. Referring to the YSRCP, Pawan Kalyan said, 'No matter how much ever good we do, frogs in the well will not stop 'croaking' as they fail to understand 'Pawanam' who is 'omnipresent'.' The film industry taught how to fight against the dictatorial attitude of the previous government and emerge victorious with a huge support of the admirers, Pawan Kalyan underlined. 'To fight against such government, one should have a very strong mind along with physical stamina. Martial arts aided me to become stronger both emotionally and physically,' he underlined. Speaking about Sanatana Dharma, Pawan Kalyan stressed, 'Sanatana Dharma unites people irrespective of the religion they belong to. Sanatana Dharma is not against Christians or Muslims.' Sharing his love for the 24 crafts of cinema in his 29 years of journey in the film world, Pawan Kalyan mentioned that he picks up roles that remain close to real life. 'Cinema is beyond region, race and religion and draws people from across the world,' he added. Recalling the challenges faced while making 'Hari Hara Veera Mallu' that got inordinately delayed due to various reasons, including coronavirus pandemic, Pawan Kalyan thanked the entire team of the unit for reposing faith in him and making it happen despite the hurdles they have come across.
Business Standard
4 days ago
- Business
- Business Standard
Board of BEML approves sub-division of equity shares
At meeting held on 21 July 2025The Board of BEML at its meeting held on 21 July 2025 has approved sub-division/ split of existing 1 (One) equity share of face value of Rs.10/- (Rupees Ten Only) each fully paid up into 2 (Two) equity shares of face value of Rs. 5/- each fully paid up, subject to shareholders' approval. Powered by Capital Market - Live News
News18
4 days ago
- Business
- News18
BEML Board Recommends 1:2 Stock Split, Record Date To Be Announced Soon
Last Updated: BEML Ltd board recommended a stock split in the ratio of 1:2. The record date for the stock split will be announced after shareholders' approval. BEML Stock Split 2025: BEML Ltd board on Monday recommended a stock split in the ratio of 1:2 in the board meeting held today, July 21. The company said that the record date for the purpose of the stock split will be announced in due course. The one stock with the face value of Rs 10 per share will be sub-dividend into 2 equity shares with the face value of Rs 5 each. 'sub-division/ split of existing 1 (One) Equity Share of face value of Rs.10/- (Rupees Ten Only) each fully paid up into 2 (Two) Equity Shares of face value of Rs. 5/- (Rupees Five Only) each fully paid up, subject to shareholders' approval (Details enclosed at Annexure-I). The record date for the purpose of above sub-division/ split of Equity Shares shall be decided after obtaining approval for sub-division/ split from the shareholders and will be intimated in due course…," the company said in the filing. BEML shares fell 0.50 per cent intraday on Monday. At 2:13 pm, the scrip was trading at Rs 4380 apiece, compared to the previous day close at Rs 4,401 apiece. The stock's 52-week movement indicates a high of Rs 4,889 and a low of Rs 2,346 apiece. A stock split is when a company divides its existing shares into multiple shares to increase the number of outstanding shares. The main purpose of a stock split is to make the share price more affordable and attractive to retail investors, especially if the price has become too high. It also increases liquidity in the market, making it easier to buy and sell shares. BEML Limited has maintained a consistent dividend payout policy over the past two years, offering both interim and final dividends to its shareholders. In FY25, the company announced two interim dividends — Rs 5.00 per share with a record date of February 14, 2025, and a second, higher interim dividend of Rs 15.00 per share declared with a record date of May 15, 2025. In the previous financial year (FY24), BEML declared a final dividend of Rs 15.50 per share, with the book closure period set from September 14 to 20, 2024, and also an interim dividend of Rs 5.00 per share with a record date of February 16, 2024. This steady stream of dividends reflects the company's strong financial performance and its commitment to rewarding shareholders. view comments First Published: July 21, 2025, 14:09 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Standard
4 days ago
- Business
- Business Standard
Industrial & Prudential Investment Company fixes record date for final dividend
Record date is 19 August 2025 Industrial & Prudential Investment Company has fixed 19 August 2025 as record date for determining entitlements of members to final dividend of Rs.110/- per equity share of face value of Rs.10/- each. The dividend, if approved, shall be paid after 30 August 2025.
