Dividend, Bonus Issue, Stock Split This Week: Glenmark Pharma, Star Housing Finance, Paushak And More
After a bustling week of bonus issues and stock splits, corporates seem to be slowing down on their actions. This week will see an interim dividend given out by Glenmark Pharmaceuticals Ltd., along with three bonus issues by Gee Ltd., Paushak Ltd., and Shipla Medicare Ltd. in ratios of 1:1, 3:1, and 1:1 respectively.
Companies in Focus This Week
Other names in focus this week include — Seshachal Technologies Ltd., Star Housing Finance Ltd, Trustedge Capital Ltd, GEE Ltd, Glenmark Pharmaceuticals Ltd, Paushak Ltd, Shilpa Medicare Ltd, Shivom Investment & Consultancy Ltd, Sumeet Industries Ltd, and U. H. Zaveri Ltd.
Understanding Dividend and Bonus Issue Eligibility
Investors eyeing dividend payouts or stock-split benefits must keep a close watch on these dates to ensure eligibility. To be eligible for dividends, investors should note the record date that determines shareholder eligibility. Under India’s T+1 settlement cycle, shares purchased on the record date itself will not qualify for the dividend payment. The ex-dividend date, which precedes the record date, is when the share price adjusts to reflect the upcoming payout.
Glenmark Pharma to Trade Ex-Dividend
Glenmark Pharma is the only company that will trade ex-dividend this week. The record date for the same is Oct 3. The value of the dividend is Rs 2.50.
Bonus Issues This Week
Gee Ltd. has recommended a bonus issue in a ratio of 1:1, meaning that one fully paid-up equity share will be issued to investors for every one held. The record date for the same is Oct 3.
Apart from Gee, Paushak and Shipla Medicare will be issuing bonus issues to their investors in the ratios of 3:1 and 1:1, respectively. The record date for the same is Oct 3 as well.
Stock Splits This Week
Paushak and Sumeet Industries are the two companies to trade ex-split this week. The record date for both companies is Friday, Oct. 3, 2025. D-Street investors eyeing split benefits must track record dates closely.
Paushak Ltd. is set to see a stock split from Rs 10 face to Rs 5 per share. The split will be in a 1:2 ratio and the record date is Oct. 3.
Sumeet Industries Ltd. is also set to split from Rs 10 to Rs 2 per share in the ratio 1:5. And the record date will also be Oct. 3.
Impact of Stock Splits on Investors
While these actions increase the liquidity of the stock by making the share price lower and more accessible to a wider range of investors, it is essential to remember that they do not affect the overall market value of an investor’s total holding. The total investment value remains unchanged as the share price adjusts proportionally to the split ratio on the ex-date.
Companies Raising Funds via Rights Issue
Star Housing Finance, Trustedge Capital, and U. H. Zaveri are the companies that have decided to raise funds via rights issue this week. Here are the record dates:
- Star Housing Finance: Record Date is Sept 30, 2025.
- Trustedge Capital Ltd: Record Date is Oct 1, 2025.
- U. H. Zaveri Ltd: Record Date is Oct 3, 2025.
Other Corporate Actions
Besides this, Seshachal Technologies will see a reduction of capital with the record date set as Sept 29, and Shivom Investment & Consultancy will see a resolution plan suspension with Oct. 3 as the record date.
Investors should keep a close eye on these developments as they can significantly impact the stock prices and overall market sentiment. Staying informed about these corporate actions can help investors make more informed decisions and navigate the complex landscape of the Indian stock market.