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The ex-dividend date (coinciding with the reinvestment date for shares held subject to a dividend reinvestment plan) is an investment term involving the timing of payment of dividends on stocks of corporations, income trusts, and other financial holdings, both publicly and privately held.
ONGC is the top employer in the energy sector in India, in the Randstad Awards 2013. [49] ONGC was one of 12 winners of the 'Golden Peacock Award 2014' for its corporate social responsibility practices, [50] and one of 24 winners of the 'Golden Peacock Award 2013' in the occupational safety and health category. [51]
The ex-dividend date, i.e. the first date in which a new buyer of shares would not be entitled to the dividend, is the business day prior to the record date (see ex-dividend date for exceptions). In the case of a special dividend of 25% or more, however, special rules that are quite different apply.
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After this date the shares becomes ex dividend. Ex-dividend date – the day on which shares bought and sold no longer come attached with the right to be paid the most recently declared dividend. In the United States and many European countries, it is typically one trading day before the record date. This is an important date for any company ...
On 28 March 2003, ONGC acquired A.V. Birla Group's stake and further infused equity capital of ₹600 crores making MRPL a majority-held subsidiary of ONGC. [ 7 ] [ 5 ] The lenders also agreed to the debt restructuring package (DRP) proposed by ONGC, which included, inter alia , conversion of up to ₹3,65,54,884 of the company's loans into equity.
The S&P 500 Energy Sector is up 2.8% year to date versus the broader index's 0.6% rise. The sector's path is a reversal from its lagging performance over the past two years. Energy holds the lead ...
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