Dividends today: HDFC Bank, Maharashtra Scooters, Bajaj Finserv, Swaraj Engines, and Cipla to trade ex-date; check details

HDFC Bank

HDFC Bank is the largest private sector bank in India. It holds a significant market capitalisation and is a major player in the Indian banking industry, offering a wide range of banking products and services.

Swaraj Engines

Swaraj Engines is primarily engaged in the business of manufacturing and supplying diesel engines and engine components for tractors, specifically for the Swaraj division of Mahindra & Mahindra (M&M). It also manufactures hi-tech engine components.

In 2022, Mahindra & Mahindra (M&M) announced the acquisition of an additional 17.41% stake in Swaraj Engines Ltd from Kirloskar Industries Ltd (KIL) for ₹296 crore. This resulted in increasing the company's stake in Swaraj Engines Ltd (SEL) to 52.13% and making Swaraj Engines a subsidiary.

Maharashtra Scooters

Maharashtra Scooters Limited (MSL) is a subsidiary of Bajaj Holdings and Investment Limited. MSL continues to be a core investment company ('CIC'), not requiring registration with the RBI.

It is engaged in the business of manufacturing dies, jigs, fixtures and die-casting components primarily for the automobile industry.

Bajaj Finserv

Bajaj Finserv Ltd (BFS) is a financial services holding company and a part of the Bajaj Group. It is an unregistered Core Investment Company (CIC) under Core Investment Companies (Reserve Bank) Direction, 2016, as amended.

Bajaj Finserv's suite of financial solutions includes savings products, consumer and commercial loans, mortgages, auto financing, securities broking services, general and life insurance, and investments.

Bajaj Finserv holds a 52.45% stake in Bajaj Finance Ltd, a listed non-banking arm. It holds a 74% stake each in Bajaj Allianz General Insurance Company and Bajaj Allianz Life Insurance Company.

Subsidiaries of Bajaj Finance include Bajaj Housing Finance, offering housing finance solutions, and Bajaj Financial Securities, an all-in-one digital platform.

Bajaj Finserv's wholly owned subsidiaries include Bajaj Finserv Health, Bajaj Finserv Ventures, Bajaj Finserv Asset Management, and Bajaj Finserv Mutual Fund Trustee.

Bajaj Holdings & Investment

Bajaj Holdings & Investment is an investment company. It is acting as a primary investment company and focusing on new business opportunities. BHIL holds strategic stakes of 33.43% in Bajaj Auto (BAL), 39.29% in Bajaj Finserv (BFS), and 51% in Maharashtra Scooters (MSL). Its focus is on earning income through dividends, interest and profits on investments held. It is largely dependent on the equity and debt markets for its income.

Cipla

Cipla is a leading pharmaceutical company with presence across the world. It was established in 1935 as Chemical Industrial & Pharmaceutical Laboratories Ltd and changed to its current name in 1984. The company has a vast portfolio with more than 1,500 products in the market.

CARE Ratings

CARE Ratings is one of the leading credit rating agencies in India. The company provides various credit ratings that help corporates to raise capital for their various requirements and assists the investors to form an informed investment decision based on the credit risk and their own risk-return expectations.

Visaka Industries

Founded by Dr. G. Vivek Venkatswamy in 1981, Visaka Industries' portfolios range from corrugated cement sheets and fibre cement boards to hybrid solar roofs and human-made fibre yarn.

Vaibhav Global

Vaibhav Global Ltd (VGL) operates in the retail sector. The company's primary activities include the manufacturing and retailing of fashion jewellery, gemstones, and lifestyle products. VGL offers a diverse range of products under fashion jewellery, gemstones and accessories and lifestyle products.

Rainbow Children's Medicare

Rainbow Children's Medicare is primarily engaged in the business of providing medical and healthcare services. The company’s paediatric services include neonatal and paediatric intensive care, multi-speciality care, and advanced quaternary care, such as multi-organ transplants for children.

Syngene International

Syngene is a contract research, development and manufacturing organisation (CRDMO) that provides integrated discovery, development, and manufacturing services to pharmaceutical, biotechnology, animal healthcare, consumer goods and agrochemical companies. It was incorporated in 1993.

RPG Life Sciences

RPG Life Sciences is an integrated pharmaceutical company operating in the domestic and international markets in the branded formulations, global generics and synthetic APIs space. It is a part of the Mumbai-headquartered RPG Enterprises, which is owned and led by Harsh Goenka.

Jayant Agro Organics

Jayant Agro-Organics is a chemical company with leadership in the castor-based speciality chemicals industry. Jayant Agro Group, with a turnover of over ₹25,000 million, has the widest range of castor oil-based chemicals and speciality chemicals in the world.

Welspun Living

Welspun Living Limited, formerly known as Welspun India Limited, is a global leader in home textiles and flooring solutions. It's part of the US$ 2.7 billion Welspun Group.