Key Dividend and Rights Issues: Varun Beverages and Gravity India Stocks Go Ex-Date Today
Deadline today! These 2 stocks go ex-date on April 8; check if you own them
Business Standard
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Investors should note that Varun Beverages and Gravity India stocks are going ex-dividend and ex-rights issue today, April 8, 2026. Varun Beverages offers a final dividend of ₹0.50 per share, while Gravity India announces a rights issue of ₹69.01 crore, with a ratio of 23 shares for every three held.
- 01Varun Beverages is offering a final dividend of ₹0.50 per share.
- 02Gravity India is conducting a rights issue of ₹69.01 crore.
- 03The record date for both companies is set for April 8, 2026.
- 04Avax Apparels and Ornaments are also turning ex-bonus today.
- 05Eligibility for dividends and rights is based on the record date.
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On April 8, 2026, shares of Varun Beverages and Gravity India are in focus as they go ex-dividend and ex-rights issue, respectively. Varun Beverages will provide a final dividend of ₹0.50 per share for the financial year ending December 31, 2025, with the record date set for today. Gravity India has announced a rights issue comprising 6,90,14,950 equity shares at ₹10 each, totaling ₹69.01 crore, with a ratio of 23 shares for every 3 held by eligible shareholders. Both companies have fixed today as the record date for determining shareholder eligibility. Additionally, Avax Apparels and Ornaments will turn ex-bonus, offering three bonus shares for every one share held, with a record date of April 7, 2026.
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Investors holding shares in Varun Beverages and Gravity India can benefit from dividends and rights issues, potentially enhancing their investment returns.
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