Corporate Actions This Week: A Mix of Stock Splits, Bonus Issues, and Buybacks
Corporate actions this week will feature a mix of interim dividends, bonus issues, and notable stock splits across counters. Investors should closely monitor these dates to ensure eligibility for dividends and other corporate action benefits.
Understanding Key Corporate Action Dates
To be eligible for dividends, investors should note the record date that determines shareholder eligibility. The ex-dividend date, which typically precedes the record date, is when the share price adjusts to reflect the upcoming payout. Investors can visit the stock market news section for the latest updates on corporate actions and other market developments.
Companies with Key Corporate Actions Scheduled for This Week
This week, the Street will focus on events like the Bharat Rasayan Ltd.‘s stock split and bonus issue, interim dividend of Modison Ltd. and a rights issue of equity shares by Deccan Gold Mines Ltd. Investors should also track Nureca Ltd. and VLS Finance Ltd. for buyback of shares.
Ex-Date on December 8
Modison– Interim Dividend of Rs 2.5 per share; Record Date: Dec 8.
Ex-Date on Dec. 12
Apis India– Bonus Issue in the ratio 1:1; Record Date: Dec. 12
Bectors Food Specialities –Stock split with face value reduced from Rs 10 to Rs 2; ex-split and record date: Dec. 12
Bharat Rasayan –Stock split from face value Rs 10 to Rs 5, effective Dec 12
Deccan Gold Mines –Stock split with face value reduced from Rs 10 to Rs 2; ex-split and record date: Dec. 12.
Ex-Date on December 12
Nureca –Buy back of shares on record date: Dec. 12.
VLS Finance –Buy back of shares on record date: Dec. 12.
How to Stay Ahead of Corporate Actions
Investors can stay ahead of corporate actions by regularly checking the corporate actions calendar and setting reminders for key dates. They can also visit the stock market analysis section for insights and updates on the latest market trends.