PGIM India Announces IDCW Declaration Across Several Schemes
PGIM India Asset Management Private Limited reported the approval of declaring Income Distribution cum Capital Withdrawal (IDCW) for several schemes under the PGIM India Mutual Fund. This declaration was made following a meeting on May 12, 2026.The IDCW declaration spans multiple schemes and plans, affecting funds such as the PGIM India Arbitrage Fund, Hybrid Equity Fund, and GIM India Equity Savings Fund.
Unit details pertaining to the IDCW declaration include:
| Name of the Schemes | Plans / Options | Quantum of unit (Gross of Statutory Levy, if any)* | Face Value Rs Per Unit | NOW are Option as on May 12, 2026 ( per unit)* |
|---|---|---|---|---|
| PGIM India Arbitrage Fund | Regular Plan - Monthly IDCW Option | 0.0454 | 77.20/V | |
| PGIM India Arbitrage Fund | Direct Plan - Monthly IDCW Option | 0.0462 | 13.4804 | |
| Hybrid Equity Fund | PGIM India Aggressive Regular Plan - Monthly IDCW Option | 0.1519 | 21.7300 | |
| Hybrid Equity Fund | Direct Plan - Monthly IDCW Option | 0.1713 | 24.5100 | |
| GIM India Equity Savings Fund | Regular Plan - Monthly IDCW Option | 0.0636 | 12.2768 | |
| GIM India Equity Savings Fund | Direct Plan - Monthly IDCW Option | 0.0701 | 13.5425 |
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Mangal Electrical Industries Limited Announces Financial Results
Mangal Electrical Industries Limited announced the audited standalone financial results for the quarter and the year ended March 31, 2026. The Board of Directors considered and approved these financial results during a meeting held on Wednesday, May 13, 2026. The full financial results and the accompanying audit report are available on the respective stock exchange websites and the company’s investor relations section.MEIL Stock Price Movement
Shares of Mangal Electrical Industries Limited are edging higher to ₹311.9 as of 12:17 PM today, reflecting a 0.10% gain. The stock has seen notable activity, trading on a volume of 28,056 shares as investors build positions in the capital goods sector.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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