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  1. From Reliance bonus issue to Infosys,Tech Mahindra's dividend: All you need to know about corporate actions next week

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From Reliance bonus issue to Infosys,Tech Mahindra's dividend: All you need to know about corporate actions next week

Upstox

4 min read | Updated on October 25, 2024, 15:55 IST

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SUMMARY

This week, several companies, including Reliance Industries, Dr Reddy's Laboratories, Infosys, and Tech Mahindra, have scheduled significant corporate actions such as dividends, stock splits, and demergers. The article includes record dates for shareholders to receive dividends and participate in share buybacks, bonus issues, and stock splits.

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

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

In a holiday shortened week, the corporate actions are expected to remain high as many large cap companies are expected to announce dividend, bonus issue and stock splits. Reliance industries to go ex-bonus on Monday,Oct 28. While Infosys to give dividend on Tuesday, October 29. Here is list of corporate actions in next week.

On Monday, October 28, 2024, the following corporate actions are scheduled:

ICICI Lombard General Insurance Company Ltd will give an Interim dividend of ₹5.5 on the face value of ₹10 for each share held on the record date of October 28, 2024.
Dr Reddy's Laboratories Ltd will undergo a stock split (ex-date), changing the face value from ₹5 to ₹1 per share, with a split ratio of 5:1. This means if you hold 1 share of the company of ₹5 face value, you will receive 5 shares of ₹1 each after the split.
Ksolves India Ltd will give an Interim dividend of ₹8 on the face value of ₹10 for each share held on the record date of October 28, 2024.
Reliance Industries Ltd will give bonus shares with a bonus ratio of 1:1, indicating that shareholders will receive one additional share for each share they hold.

On Tuesday, October 29, 2024, the following corporate actions are scheduled:

Infosys Ltd will give an Interim dividend of ₹21 on the face value of ₹5 for each share held on the record date of October 29, 2024.
Quasar India 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.
Route Mobile Ltd will give an Interim dividend of ₹6 on the face value of ₹10 for each share held on the record date of October 29, 2024.

On Wednesday, October 30, 2024, the following corporate actions will take place:

Crisil Ltd will give an Interim dividend of ₹15 on the face value of ₹1 for each share held on the record date of October 30, 2024.
Master Trust Ltd will undergo a stock split (ex-date), changing the face value from ₹5 to ₹1 per share, with a split ratio of 5:1. This means if you hold 1 share of the company of ₹5 face value, you will receive 5 shares of ₹1 each after the split.
Mazagon Dock Shipbuilders Ltd will give an Interim dividend of ₹23.19 on the face value of ₹10 for each share held on the record date of October 30, 2024.
Supreme Industries Ltd will give an Interim dividend of ₹10 on the face value of ₹2 for each share held on the record date of October 30, 2024.
Jash Engineering Ltd will undergo a stock split (ex-date), changing the face value from ₹10 to ₹2 per share, with a split ratio of 5:1. This means if you hold 1 share of the company of ₹10 face value, you will receive 5 shares of ₹2 each after the split.

On Thursday, October 31, 2024, the following corporate actions will take place:

Tech Mahindra Ltd will give an Interim dividend of ₹15 on the face value of ₹5 for each share held on the record date of October 31, 2024.
Supreme Petrochem Ltd will give an Interim dividend of ₹2.5 on the face value of ₹2 for each share held on the record date of October 31, 2024.
Dodla Dairy Ltd will give an Interim dividend of ₹3 on a record date of November 1, 2024.
Godrej Consumer Products Ltd (Interim dividend of ₹5), R R Kabel Ltd (Interim dividend of ₹2.5) and Transport Corporation Of India Ltd (Interim dividend of ₹3.5) will give dividends on a record date of November 1, 2024.
Balkrishna Industries Ltd, Ramkrishna Forgings Ltd (Interim dividend of ₹1) and NTPC Ltd (Interim dividend of ₹2.5) will give dividends on the record date of November 2, 2024.
Sellwin Traders Ltd will give bonus shares with a bonus ratio of 1:8, indicating that shareholders will receive one additional share for every 8 shares they hold. The company will also undergo a stock split (ex-date), changing the face value from ₹10 to ₹2 per share, with a split ratio of 5:1. This means if you hold 1 share of the company of ₹10 face value, you will receive 5 shares of ₹2 each after the split.

On Friday, November 1, 2024, none of the companies is going ex-date. The Indian capital markets will remain closed on the occasion of Diwali. The Muhurat Trading session is scheduled between 6 pm and 7 pm.

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