Dividend, stock split, buybacks this week: Wipro, RIL, Cipla, Trent, Ashok Leyland, JSW Energy, among others in focus

Several companies, including Wipro, Reliance Industries, Cipla, Colgate-Palmolive, Trent, Ashok Leyland, JSW Energy, E2E Networks, Rallis India, Bank of Baroda, and ICICI Prudential Life Insurance Company, among others, will trade ex-date for an array of corporate actions this week.

Among all the corporate actions planned for this week, the most anticipated is Wipro’s largest-ever ₹15,000 crore share buyback at ₹250 per unit. On April 16, Wipro’s board of directors had approved the proposal to buy back up to 60 crore fully paid-up equity shares of ₹2 each, being 5.7% of the total paid-up equity share capital, for an aggregate amount not exceeding ₹15,000 crore at a price of ₹250 per equity share.

The Mukesh Ambani-led oil-to-telecom conglomerate Reliance Industries (RIL) is among the other big names that will trade ex-dividend date on Friday, June 5. The company had announced a dividend of ₹6 per equity share, with a face value of ₹10 each for the 2025-26 financial year (FY26).

Dividends, stock splits, buybacks this week

Last week, on Friday, May 29, the board of directors of Asian Paints has recommended a final dividend of ₹23 per equity share of face value ₹1 for the financial year ended March 31, 2026. The payout is subject to shareholder approval at the company’s upcoming annual general meeting, the company said.

Further, the firm has fixed June 23, 2026, as the record date to determine shareholder eligibility for the final dividend. If approved, the dividend will be paid on or after July 13, 2026.

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