Emami has dipped 6% to Rs 430 in early morning deals on BSE after the stock was quoted ex-bonus and ex-dividend today.
The personal products maker has fixed June 27, as the record date for the purpose of bonus shares and dividend.
The board of the company at their meeting held on May 6, had announced the issue of bonus shares to the existing shareholders of the company in proportion of one bonus share for every two existing fully paid-up equity shares held.
The board had also recommended a dividend of Rs 8 per share or 800% on face value of Re 1 each for the financial year 2012-13.
The stock opened at Rs 462 and touched high of Rs 488 on NSE. A combined 153,733 shares have changed hands on the counter so far on NSE and BSE.
The personal products maker has fixed June 27, as the record date for the purpose of bonus shares and dividend.
The board of the company at their meeting held on May 6, had announced the issue of bonus shares to the existing shareholders of the company in proportion of one bonus share for every two existing fully paid-up equity shares held.
The board had also recommended a dividend of Rs 8 per share or 800% on face value of Re 1 each for the financial year 2012-13.
The stock opened at Rs 462 and touched high of Rs 488 on NSE. A combined 153,733 shares have changed hands on the counter so far on NSE and BSE.
