Corporate Radar: Globe International, SecMark to trade ex-bonus, Wipro and HCL Tech results and more

A host of corporate actions and board meetings are scheduled for Wednesday.

Shares of Globe International and Kaarya Facilities will trade ex-bonus for its bonus share issuance announced in the ratio of 1:1. Latteys Industries will also go ex-bonus for bonus share issuance in the ratio of 3:2.

Additionally, shares of Secmark Consultancy and Shivalik Bimetal will turn ex-bonus in respect of their bonus share issuance announced in the ratio of 3:2 and 1:2, respectively.

Besides this, there are three stock splits lined up for today. Colorchips New Media announced the sub-division of its equity shares from a face value of Rs 10 to Rs 2 per share. Greencrest and Nikhil Adhesives, on the other hand, announced a stock split in the ratio of 1:10 each.

Also, board meetings of Wipro, HCL Technologies, Nxt Digital, Standard Capital, Mangalam Industrial, 7NR Retail and Sterling and Wilson Renewable, among others will announce their quarterly results.

Janus Corporation and Navoday Enterprises will consider bonus share issuance, while Universus Photo’s board will convene a meeting to mull a special dividend.

Moreover, board meetings of Veranda Learning, Gujchem Distillers and Birla Precision, among others, are also scheduled for Wednesday.