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  1. From dividends to stock splits and rights issues; all you need to know on upcoming corporate actions in next week

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From dividends to stock splits and rights issues; all you need to know on upcoming corporate actions in next week

Upstox

2 min read | Updated on December 13, 2024, 14:59 IST

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SUMMARY

This week, several major companies, including PC Jeweller, Sky Gold, and Bharat Seats, have scheduled significant corporate actions such as dividends, stock splits, and buybacks. The article includes record dates for shareholders to receive dividends and participate in share buybacks, bonus issues, and stock splits.

Corporate Action (3) (1).webp

From dividends to stock splits and rights issues, the corporate action scene is heating up with activity this week

On Monday, December 16, 2024, the following corporate actions are scheduled:

Pc Jeweller Ltd will undergo a stock split (ex-date), changing the face value from ₹10 to ₹1 per share, with a split ratio of 10:1. This means if you hold 1 share of the company of ₹10 face value, you will receive 10 shares of ₹1 each after the split.
Sky Gold Ltd has announced a bonus issue with a ratio of 9:1, indicating that shareholders will receive 9 additional shares for each share they hold.

On Tuesday, December 17, 2024, the following corporate actions are scheduled:

Shish Industries Ltd will undergo a stock split (ex-date), changing the face value from ₹10 to ₹1 per share, with a split ratio of 10:1. This means if you hold 1 share of the company of ₹10 face value, you will receive 10 shares of ₹1 each after the split.
Styrenix Performance Materials Ltd will give an interim dividend of ₹31 per share on the face value of ₹10 for each share on the record date of December 17, 2024.

On Wednesday, December 18, 2024, No corporate action is scheduled.

On Thursday, December 19, 2024, the following corporate actions will take place:

Bambino Agro Industries Ltd will pay a final dividend of ₹1.6 per share on a face value of ₹10, turning ex-dividend on December 19, 2024.
Rajeshwari Cans Ltd has announced a bonus issue with a ratio of 1:1, indicating that shareholders will receive 1 additional share for each share they hold.

On Friday, December 20, 2024, the following corporate actions will take place:

Linc Ltd has announced a bonus issue with a bonus ratio of 1:1, indicating that shareholders will receive one additional share for each one share they hold. Also, the company will undergo a stock split (ex-date), changing the face value from ₹10 to ₹5 per share, with a split ratio of 2:1. This means if you hold 1 share of the company of ₹10 face value, you will receive 2 shares of ₹5 each after the split.
Bharat Seats Ltd announced a bonus issue with a ratio of 1:1, indicating that shareholders will receive 1 additional share for each share they hold.
Sacheta Metals Ltd will give an interim dividend of ₹0.05 per share on the face value of ₹2 for each share held on a record date of December 20, 2024.

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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