Board Meetings and AGM Scheduled in September 2019

[email protected] GuptaAmit Analyst Research [email protected] [email protected] [email protected] Bharat Chhoda Chhoda Bharat Sidhwa Cheragh Dossier of keyDossier of September,in actions corporate 2019 Monthly Corporate Action Action Monthly Corporate Tracker

ICICI Securities – Retail Equity Research MOMENTUM PICK Corporate Action Tracker Action Corporate 4 6 5 3 2 1 Major Major stakeholder’s activity Historical trends of corporate actions Preferential allotment in Bonus issue, stock open split, offer and buyback Board Announced and Probable dividend meetings meetings and AGM - August September 2019September for for in August August in September 2019 2019 2019 2 2019 for for September 2019

ICICI Securities – Retail Equity Research MOMENTUM PICK Sadbhav Engg.Sadbhav Estates Prestige MillsPhoenix HimadriSpecialt JubilantFood. F C R Himatsing.Seide Himatsing.Seide GodfreyPhillips DishmanCarbogen GujaratGas KolteDev. Patil Guj.St.Petronet IndraprasthaGas NBCC Ltd NHPC O C UDH FinolexInds. ApolloHospitals JubilantLife Pharma GVS Bliss Company Companieslikely paydividend to Source: Capitaline, ICICI Direct Research Direct ICICI Capitaline, Source: Dividend Announced dividend 100 150 500 120 100 120 450 100 (%) 7.7 7.5 1.5 15 15 50 70 30 10 50 10 20 65 Facevalue 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 1.00 2.00 1.00 5.00 5.00 2.00 2.00 2.00 2.00 1.00 5.00 1.00 1.00 (|) (|/share) Dividend 0.15 0.77 0.65 0.75 0.15 1.5 3.5 1.5 0.2 2.4 4.5 10 10 1 3 5 1 1 2 6 1 DividendYield (%) 0.4 1.0 0.9 0.7 0.5 0.4 0.2 0.4 1.8 2.5 1.1 1.0 0.1 0.6 0.4 0.9 0.7 1.8 3.1 0.4 1.9 17/09/2019 17/09/2019 17/09/2019 17/09/2019 16/09/2019 16/09/2019 13/09/2019 13/09/2019 13/09/2019 12/9/2019 12/9/2019 12/9/2019 12/9/2019 12/9/2019 12/9/2019 12/9/2019 12/9/2019 12/9/2019 12/9/2019 12/9/2019 12/9/2019 Ex-date in September 3 2019 ICRA Construct.KNR India PTC C D M G Realty Sunteck JaiCorp TimeTechnoplast Omaxe HomeFinRepco JagranPrakashan GlenmarkPharma. BharatDynamics CorpMinda CARERatings Apollo APL SJVN Vakrangee Ltd BEML MMTC RadicoKhaitan L C F H GujAlkalies EngineersIndia FootwearRelaxo Company Source: Capitaline, ICICI Direct Research Direct ICICI Capitaline, Source: Dividend Announced 16.7 22.5 300 100 150 175 200 120 140 (%) 6.5 20 40 50 90 25 25 25 30 60 10 80 15 90 7 Facevalue 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 1.00 2.00 1.00 5.00 1.00 2.00 2.00 1.00 1.00 1.00 2.00 1.00 2.00 1.00 (|) dividend (|/share) Dividend 0.75 1.67 0.45 0.65 0.25 0.3 1.2 0.1 0.9 0.4 1.5 0.5 0.9 0.7 2.5 3.5 2.5 30 12 14 8 4 2 2 DividendYield (%) 1.5 0.4 0.5 1.9 0.7 0.2 1.1 0.2 6.7 3.0 0.3 0.6 1.4 0.4 0.8 5.0 0.5 0.6 0.5 2.2 1.1 2.6 0.8 0.3 24/09/2019 20/09/2019 20/09/2019 20/09/2019 20/09/2019 20/09/2019 19/09/2019 19/09/2019 19/09/2019 19/09/2019 19/09/2019 19/09/2019 19/09/2019 19/09/2019 19/09/2019 19/09/2019 19/09/2019 19/09/2019 19/09/2019 19/09/2019 19/09/2019 19/09/2019 18/09/2019 18/09/2019 Ex-date

ICICI Securities – Retail Equity Research MOMENTUM PICK Source: Capitaline, ICICI Direct Research Direct ICICI Capitaline, Source: Sun Pharma.Inds. Sun Seamless Mah. GulfOil Lubric. RelianceHome NIITTech. Forg.Ramkrishna StridesPharma MOIL RelianceNip.Lif DLF OilIndia RelianceCapital JainIrrigation TextileVardhman HindalcoInds. FinolexCables RelianceInfra. Company Companieslikely paydividend to Dividend 200.00 120.00 325.00 150.00 110.00 150.00 120.00 200.00 10.00 10.00 20.00 25.00 10.00 40.00 10.00 50.00 95.00 (%) Probable Facevalue 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 1.00 5.00 2.00 2.00 2.00 1.00 2.00 (|) dividend (|/share) Dividend 6.5 2.5 0.8 1.2 9.5 15 11 15 2 6 1 1 2 1 1 1 4 DividendYield (%) 0.3 1.3 0.8 1.5 1.1 0.2 0.4 1.3 0.4 0.4 0.5 2.6 1.2 1.5 0.5 0.7 2.2 17/09/2018 17/09/2018 14/09/2018 12/9/2018 12/9/2018 12/9/2018 12/9/2018 12/9/2018 12/9/2018 12/9/2018 12/9/2018 12/9/2018 12/9/2018 12/9/2018 12/9/2018 12/9/2018 12/9/2018 in September Ex-date 4 2019 Source: Capitaline, ICICI Direct Research Direct ICICI Capitaline, Source: PVR &Kings Cox CaplinLab Point Hind.Copper JindalSaw Inds. VST (I) Cook Thomas Ltd REC Company FineOrganic InfibeamAvenues Jeweller PC Infratech PNC Motil.Oswal.Fin. ExportsRajesh C DIT C G N O JamnaAuto Inds. DilipBuildcon Industries Lux Dividend 100.00 100.00 775.00 140.00 450.00 100.00 10.00 25.00 18.50 27.00 55.00 10.00 20.00 20.00 60.00 37.50 17.50 5.00 5.00 (%) Probable Facevalue 10.00 10.00 10.00 10.00 10.00 10.00 5.00 1.00 2.00 1.00 1.00 5.00 1.00 2.00 5.00 2.00 5.00 2.00 1.00 (|) dividend (|/share) Dividend 0.375 1.75 1.85 1.35 0.55 0.25 77.5 0.1 0.5 0.5 4.5 1.2 7 1 1 2 2 1 2 DividendYield (%) 1.5 0.7 0.0 0.6 0.3 0.6 0.1 0.5 0.8 0.7 0.1 0.1 0.1 0.5 0.4 0.4 1.3 2.5 0.2 19/09/2018 19/09/2018 19/09/2018 19/09/2018 19/09/2018 19/09/2018 19/09/2018 19/09/2018 19/09/2018 18/09/2018 18/09/2018 18/09/2018 18/09/2018 18/09/2018 18/09/2018 18/09/2018 18/09/2018 18/09/2018 17/09/2018 Ex-date

ICICI Securities – Retail Equity Research MOMENTUM PICK Corporate Action Tracker Action Corporate 4 6 5 3 2 1 Major Major stakeholder’s activity Historical trends of corporate actions Preferential allotment in Bonus Board meetings and AGM for September 2019 Announced and Probable dividend issue, issue, stock stock open split, offer and buyback for September 2019 - August September 2019September in August August in 2019 2019 2019 5

ICICI Securities – Retail Equity Research MOMENTUM PICK GujAlkalies BalmerLawrie BajajFin. EnggNilkanth Invst Sons Nalwa Hind.Composites Fin.Finkurve Ven. Sastasundar IndiaNivesh Bank Canara Acrysil CentrumCapital ArmanFinancial Infra Man L&TFin.Holdings Companyname Board meetings and AGM scheduled in September 2019in September AGM scheduledBoard meetings and Source: Capitaline, ICICI Direct Research Direct ICICI Capitaline, Source: Board Board meetings Meetingdate 13/09/2019 13/09/2019 27/09/2019 17/09/2019 17/09/2019 14/09/2019 14/09/2019 14/09/2019 14/09/2019 13/09/2019 13/09/2019 12/9/2019 12/9/2019 11/9/2019 11/9/2019 in in September 2019 Scheme of Amalgamation,Preferential of Scheme Issue AmendmentsAssoc. inMemorandum of Raising funds throughRaising funds Debt Instr. throughRaising funds Debt Instr. Boardmeeting purpose QuarterlyResults QuarterlyResults QuarterlyResults QuarterlyResults QuarterlyResults QuarterlyResults Bonus Issue Bonus Others Others Others Others 6 ICRA ActionConst.Eq. C F S G EngineersIndia O C UDH BajajHindusthan HindustanMedia GICHousing Fin HeidelbergCem. MotorsForce Kir.Cloth.Kewal BuildconAshoka InoxLeisure GFL GulfOil Lubric. InoxWind AdhunikIndus. GromoTrade Infra.GMR Companyname Source: Capitaline, ICICI Direct Research Direct ICICI Capitaline, Source: AGM 18/09/2019 18/09/2019 18/09/2019 17/09/2019 17/09/2019 16/09/2019 16/09/2019 16/09/2019 28/09/2019 27/09/2019 27/09/2019 26/09/2019 25/09/2019 20/09/2019 19/09/2019 19/09/2019 19/09/2019 19/09/2019 18/09/2019 in in September 2019 EventDate AGM AGM AGM AGM AGM AGM AGM AGM AGM AGM AGM AGM AGM AGM AGM AGM AGM AGM AGM EventType HimachalPradesh UttarPradesh EventLocation New Delhi New Delhi New Vadodara Vadodara Haryana Haryana Mumbai Haryana Mumbai Mumbai Mumbai Mumbai Kolkata Nashik Gujarat Patna Pune

ICICI Securities – Retail Equity Research MOMENTUM PICK Corporate Action Tracker Action Corporate 4 6 5 3 2 1 Major Major stakeholder’s activity Historical trends of corporate actions Preferential allotment in Bonus Board meetings and AGM for September 2019 Announced and Probable dividend issue, issue, stock stock open split, offer and buyback for September 2019 - August September 2019September in August August in 2019 2019 2019 7

ICICI Securities – Retail Equity Research MOMENTUM PICK AstralPoly RajratanGlobal CompanyName Source: Capitaline, ICICI Direct Research Direct ICICI Capitaline, Source: Source: Capitaline, ICICI Direct Research Direct ICICI Capitaline, Source: CompanyName HDFCBank Corporate actions announced in September 2019in September announced actions Corporate Ratio 2:1 Ratio Bonus Bonus issue 1:4 4:3 Stock Split Facevalue before split 2.0 ExBonus Date 16/09/2019 11/9/2019 Facevalue after split 1.0 Recorddate 17/09/2019 12/9/2019 Recorddate 20/09/2019 8 Source: Capitaline, ICICI Direct Research Direct ICICI Capitaline, Source: LindeIndia Company Company BSE OfferStart 3/9/2019 Date Noof shares (incrores) 0.68 OfferClose 17/09/2019 Ongoing Ongoing open offer Date Buyback Buyback offer BuybackPrice OfferPrice 478.4 (|) 680 (No.of shares crore)in ProposedAcquisition OfferOpening 30/08/2019 2.1 Date ProposedAcquisition (% Capital)(% 16/09/2019 OfferClosing Date 25.0

ICICI Securities – Retail Equity Research MOMENTUM PICK Corporate Action Tracker Action Corporate 4 6 5 3 2 1 Major Major stakeholder’s August activity in 2019 Historical trends of corporate actions Preferential allotment in Bonus Board meetings and AGM for September 2019 Announced and Probable dividend issue, issue, stock stock open split, offer and buyback for September 2019 - August September 2019September 2019 9

ICICI Securities – Retail Equity Research MOMENTUM PICK Major stakeholder’s activity seen in August 2019 August in seen activity Majorstakeholder’s Key Highlights          Wasatch Ashoka Radhakishan Asset Jupiter sold Management Capital lakh Reliance 23.8 of shares (0.9%) sold Finance 334.1 Housing LLC lakh LIC of shares (6.6%) FMR Asset purchased APG Management 6.8lakh of shares (0.8%) purchased 5.7 Mutual Fund HDFC lakh Bajaj of shares (0.6%) Electrical Asset Management HDFC Maplewood Investments Investments sold Tree Maplewood 532.2 Hotel lakh Lemon of shares (6.7%) I nvestment nvestment sold Holdings 41.0 lakh of shares (2.0%) Advisors Shivkishan Source: Capitaline, ICICI Direct Research Direct ICICI Capitaline, Source: sold 1.0 1.0 sold lakh V of shares (0.6%) Narayana HrudayaNarayana Lemon TreeHotelLemon Foods Milk Parag RelianceCapital HousingLIC Fin. AvenueSuper. BajajElectrical Newsprint N T V-Mart Retail V-Mart Company Damani Major Major stakeholder’s activity in purchased purchased 17.0 lakh TNNewsprint of shares (2.5%) (promoter) sold sold 62.3 shares Supermarts (1.0%) (promoter) lakh Avenue of Noof shares Bought/Sold 10 (Inlakhs) -532.2 -334.1 -41.0 -62.3 -23.8 17.0 -1.0 6.8 5.7 - Mart Retail Mart TotalEquity Narayana (Inlakhs) Parag 2043.6 6240.8 7922.5 2527.1 5046.6 1024.4 181.5 841.1 692.1 August August Milk Foods Milk Hrudayalaya Netchange of total% 2019 -0.6 -2.0 -1.0 -6.7 -0.9 -6.6 (%) 0.8 0.6 2.5

ICICI Securities – Retail Equity Research MOMENTUM PICK Corporate Action Tracker Action Corporate 4 6 5 3 2 1 Major Major stakeholder’s August activity in 2019 Historical trends of corporate actions Preferential allotment August in 2019 Bonus Board meetings and AGM for September 2019 Announced and Probable dividend issue, issue, stock stock open split, offer and buyback for September 2019 - September 2019September 11

ICICI Securities – Retail Equity Research MOMENTUM PICK Preferential allotment in August 2019Preferential August in allotment capital through the in marginally On July. prominent a month-on-month Source: Capitaline, ICICI Direct Research Direct ICICI Capitaline, Source: However, Kalpataru Power 0.13 2 515.25 Tana India Pvt EquityIndia Tana FundIIPvt 515.25 2 0.13 KalpataruPower aaiVnue 0.70 BalaxiVentures ioi itc .100 0 0.11 NiyoginFintech a aaiId.1.41 0.38 JaiBalaji Inds. AspiraPathlab Max Financial Max nird a.1.00 InditradeCap.

KiriIndus. Bank Yes Company improved Marsons Trent companies preferential

six in No.ofEq. Shares companies basis, August (incrore) 12.00 31 83.55 2 23.11 7.36 2.32 0.23

that allotment

the raised 2019. FaceValue are momentum

compared 10 26 20 10 10 10 (|) 10

0 2 1 11 below capital companies IssuePrice 421.67 Preferential allotment in 410 (|) market 0 ReconstructionAsset Edelweiss CompanyLtd 0 0 0 through YashodaInnLimitedPvt.Ltd. Shoppers &Private Silvertoss related to 243 raised capitalisation

companies preferential MitsuiSumitomo Insurance Co.Ltd to Balaxi Overseas Pvt Ltd &PACs Ltd Pvt BalaxiOverseas 12 LTS InvestmentLtd Funds LTS raising capital Tata Sons Pvt Ltd Pvt Sons Tata IssuedTo in NA NA NA NA money

allotment of through CY17 | 500 and (in August

preferential

crore. in terms 96 August companies 2019 Trent, of number

2019. allotment Promoter&PromoterGroup Max for StrategicInvestors IssuedCategory For Non Promoter Non YTD of Financial, Promoter Promoter

QIP route NA NA NA NA NA full companies) FY19. year in

Kalpataru August CY18, through 223 compared

Dateof allotment Power 21/08/2019 14/08/2019 19/08/2019 15/08/2019 12/8/2019 12/8/2019 9/8/2019 6/8/2019 6/8/2019 6/8/2019 6/8/2019

companies preferential & to Yes 9 companies Bank had

allotment raised were

ICICI Securities – Retail Equity Research MOMENTUM PICK Corporate Action Tracker Action Corporate 4 6 5 3 2 1 Major Major stakeholder’s August activity in 2019 Historical trends of corporate actions Preferential allotment August in 2019 Bonus Board meetings and AGM for September 2019 Announced and Probable dividend issue, issue, stock stock open split, offer and buyback for September 2019 - September 2019September 13

ICICI Securities – Retail Equity Research MOMENTUM PICK Historical trend of rights and bonusissues andrights of Historical trend 10 0 2 4 6 8 Source: Capitaline, ICICI Direct Research Direct ICICI Capitaline, Source: 6 Key Highlights Number of rights issues

  CY09 Total Of CY10 8 Numberof rights Issue (CNX500 Companies) the 8

20 CY11 CNX companies CY12 5 500

CY13 5 companies,

CY14 7 had

CY15 5 announced - 2

CY16 CNX 500 five 7

used CY17 5

bonus CY18 the

CY19 (upto 2

rights Aug 2019) issue issue 14 in CY 18 method compared to raise to 29 capital in 10 15 20 25 30 35 0 5 CY in CY09 17 8 CY Number of bonus issues CY10 18 28 compared CY11 14 CY12 12 Numberof Bonus Issues CY13 12 to seven CY14 10 CY15 17 in CY CY16 16 - 17 CNX 500 CY17 29 CY18 20 2019) (Upto CY19 Aug 13

ICICI Securities – Retail Equity Research MOMENTUM PICK Historical trend of stock splits and dividend payouts anddividend splits stock of Historical trend 10 15 20 25 30 35 40 45 0 5 Source: Capitaline, ICICI Direct Research Direct ICICI Capitaline, Source: Key Highlights CY09  11 Number of stock splits Eight CY10 39 CY011 companies 18 CY12 7 Numberof stock Split CY13 6 had CY14 12 announced CY15 13 - CNX 500 CY16 15 CY17 10 a stock CY18 8 2019) (Upto CY19 split Aug 2 in CY 15 18 compared to 10 in Average dividend 10.0 15.0 20.0 25.0 30.0 35.0 CY 0.0 5.0 17 FY13 20.4 FY14 25.2 payout FY15 27.1 Dividend PayoutRatio FY16 28.1 ratio (%) for for ratio (%) FY17 29.2 FY18 31.1 CNX 500 FY19 32.5

ICICI Securities – Retail Equity Research MOMENTUM PICK Pankaj Pandey [email protected] Mumbai Andheri Road no.7, MIDC 1 Limited,Securities ICICI Desk,Research Direct ICICI Head st Floor, – Research (East) – Akruti 16 400 400 093 TradeCentre, [email protected]

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ICICI Securities – Retail Equity Research MOMENTUM PICK