Stocks such as ITC and Cochin Shipyard will be in focus next week as they approach their record dates for corporate actions including dividends, bonus shares, and stock splits.
Rights issue
Bonus issue
Rights issue
Dividend
Rights issue
Bonus issue
The record date serves as a cut-off date when companies determine which shareholders qualify for corporate benefits. For shareholders to be eligible for buybacks, bonus issues, or stock splits, they must hold shares in their demat accounts on the record date.
To qualify for these corporate benefits, investors need to purchase shares at least one trading day before the ex-date, as settlements occur the following day. Those who buy shares on or after the ex-date will not be entitled to these corporate actions.
The following companies have upcoming ex-dates this week for various corporate actions, according to StockEdge data:
Monday, February 10
Dividend
Aster DM Healthcare announced a dividend of Rs 4.
GPT Infraprojects announced a dividend of Rs 1.
Indian Toners & Developers announced a dividend of Rs 4.5.
Suraj Ltd announced a dividend of Rs 1.5.
Rights issue
Jyoti Structures announced a right issue wherein 9 shares will be offered for every 26 shares held, for a price of Rs 16.
Tuesday, February 11
Dividend
CMS Info Systems announced a dividend of Rs 3.25.
Disa India announced a dividend of Rs 100.
Symphony announced a dividend of Rs 2.
Bonus issue
EFC (I) announced a bonus issue of shares in the ratio of 1:1.
Rights issue
Thangamayil Jewellery announced a right issue wherein 2 shares will be offered for every 15 shares held, for a price of Rs 1400.
Kairosoft Ai Solutions announced a right issue wherein 2 shares will be offered for every 1 share held, for a price of Rs 250.
Wednesday, February 12
Dividend
Cochin Shipyard announced a dividend of Rs 3.5.
Expleo Solutions announced a dividend of Rs 50.
Hero MotoCorp announced a dividend of Rs 100.
ITC announced a dividend of Rs 6.5.
Man InfraConstruction announced a dividend of Rs 0.45.
Minda Corporation announced a dividend of Rs 0.5.
TCI Express announced a dividend of Rs 3.
Torrent Power announced a dividend of Rs 14.
Uniparts India announced a dividend of Rs 7.5.
UNO Minda announced a dividend of Rs 0.75.
Rights issue
T.T. Ltd announced a stock split where each existing share of face value of Rs 10 will be split into Rs 1 per share.
Thursday, February 13
Eris Lifesciences announced a dividend of Rs 7.35.
Page Industries announced a dividend of Rs 150.
Sun TV Network announced a dividend of Rs 2.50.
Veedol Corporation announced a dividend of Rs 12.
Friday, February 14
Dividend
Aarti Pharmalabs announced a dividend of Rs 2.5.
Alkem Laboratories announced a dividend of Rs 37.
BEML announced a dividend of Rs 5.
Bharat Dynamics announced a dividend of Rs 4.
Cummins India announced a dividend of Rs 18.
Dhruv Consultancy Services announced a dividend of Rs 0.1.
EKI Energy Services announced a dividend, the amount for which will be announced later in the week.
Engineers India announced a dividend, the amount for which will be announced later in the week.
Escorts Kubota announced a dividend, the amount for which will be announced later in the week.
Gulf Oil Lubricants India announced a dividend of Rs 20.
Kirloskar Ferrous Industries announced a dividend of Rs 3.
Majestic Auto announced a dividend of Rs 5.
MOIL announced a dividend, the amount for which will be announced later in the week.
MRF announced a dividend of Rs 3.
Nicco Parks & Resorts announced a dividend, the amount for which will be announced later in the week.
PI Industries announced a dividend of Rs 6.
Premier Energies announced a dividend of Rs 0.5.
REC announced a dividend of Rs 4.3.
Taneja Aerospace & Aviation announced a dividend of Rs 1.5.
Stock split
Ascensive Educare announced a stock split where each existing share of a face value of Rs 10 will be split into Rs 1 per share.
Pritika Engineering Components announced a stock split where each existing share of face value of Rs 10 will be split into Rs 5 per share.
Bonus issue
Richfield Financial Services announced a bonus share issue in the ratio of 1:1.
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