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Several companies, including Reliance Chemotex, have set September 4 as the record date for determining eligible shareholders for dividend payments. To qualify for these dividends, investors must purchase shares by today. The list includes multiple companies and their respective dividend declarations, which start trading on an ex-dividend basis from Wednesday.

In the long term, consumption remains a strong growth story, driven by factors such as a strong demographic dividend, per capita income crossing the critical US$2,000 mark, increasing urbanization and growing digitization, which improves access to products and services.

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Eicher Motors Ltd., incorporated in the year 1982, is a Large Cap company (having a market cap of Rs 134592.59 Crore) operating in Auto sector.

Vedanta Holdco plans $1.5-billion notes issuance

Updated at : 2024-09-03 08:20:02

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Vedanta Resources plans to raise up to $1.5 billion through a five-year dollar bond sale, aiming to refinance existing debt and reduce borrowing costs. Managed by major banks, the issue seeks to refinance bonds due in 2027 and 2028. The bond sale is expected to open next week after investor meetings in key financial hubs.

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Orkla India, owner of MTR and Eastern spices, is in early discussions to raise around $300 million via an IPO. The company aims to list between June and November 2025. With sales restructuring in 2023, the brand is preparing for capital market opportunities.

Vedanta declared a ₹20 per share dividend, its third interim payout this fiscal year, totaling ₹7,821 crore, with a record date of September 10, following earlier dividends in May and July.

A Sebi study has found that 70% of individual investors sell their IPO shares within a year. Investors are more likely to sell shares posting positive returns quickly. The study also highlights a decline in high networth individual participation post-April 2022. Most IPO investors come from Gujarat, Maharashtra, Rajasthan, and Uttar Pradesh.

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