Imagine this: You wake up on a Monday morning, check your stock portfolio, and realize your share count has doubled overnight. Or perhaps you see a healthy cash dividend credited directly into your bank account. For many Indian investors, this is exactly what September 2025 feels like.
This week (September 22–26, 2025), the stock market is buzzing with dividends, stock splits, and bonus shares from some of India’s most talked-about companies — including Adani Power, Bajaj Holdings, BEML, Pidilite Industries, and Nazara Technologies.
But here’s the catch: while corporate actions like splits and bonuses often excite investors, they can also confuse beginners. Does a stock split make you richer? Is a bonus issue free money? And how do massive dividends like ₹160 from Maharashtra Scooters affect long-term portfolios?
In this deep-dive, we’ll break down everything happening this week in simple, relatable language — so you know exactly what it means for your investments.
📚 What’s Happening This Week? (Quick Snapshot)
Between September 22 and 26, over 100 Indian companies are rewarding shareholders. Here’s a quick breakdown:
- Dividends: From small payouts like ₹0.10 per share to big ones like ₹160 per share (Maharashtra Scooters).
- Bonus Issues: Companies like Pidilite (1:1), Nazara (1:1), and Sandur Manganese (2:1) are in focus.
- Stock Splits: Liquidity-boosting moves from Adani Power (10→2), Nazara (4→2), and PVV Infra (10→5).
If investing is cricket, then this week is like a T20 match where every ball has something happening — boundaries, wickets, or sixes.
💰 Understanding Corporate Actions: Dividends, Splits & Bonuses
What is a Dividend?
A dividend is a company’s way of sharing profits with shareholders. Think of it as a “thank you note” — only in cash.
- Example: Bajaj Holdings declared a hefty ₹65 interim dividend per share. If you own 100 shares, that’s ₹6,500 in your pocket.
👉 Key takeaway: Dividends don’t change your shareholding count, but they directly improve your returns.
What is a Stock Split?
A stock split increases the number of shares while reducing their face value.
- Example: Adani Power split its shares from ₹10 face value to ₹2. If you owned 100 shares earlier, you now hold 500 shares — but the overall value remains the same.
Think of it like exchanging a ₹500 note for five ₹100 notes. You don’t get richer instantly, but it’s easier to trade and spend.
👉 Key takeaway: Stock splits improve liquidity and attract more small investors.
What is a Bonus Issue?
A bonus issue is when companies give extra shares to existing shareholders — free of cost.
- Example: Pidilite Industries announced a 1:1 bonus, meaning one free share for every share you own.
Imagine your college canteen serving you a free samosa every time you buy one. The food quantity doubles, but your hunger (company valuation) is still the same.
👉 Key takeaway: Bonus shares signal company confidence and reward loyal investors.
🔎 Spotlight on Major Companies This Week
1. Adani Power (September 22)
- Action: Stock Split (10→2)
- Impact: Makes shares more affordable. If the stock was ₹4,000, after the split, it becomes ₹800. This attracts new retail investors who previously found it too expensive.
Investor Insight: Splits don’t change company fundamentals, but they often spark short-term excitement.
2. Bajaj Holdings & Investment (September 22)
- Action: Interim Dividend ₹65 per share
- Impact: One of the highest payouts this week. For long-term investors, this reflects the company’s strong balance sheet.
Investor Insight: Bajaj’s dividend policy makes it a strong choice for income-seeking investors.
3. BEML Ltd (September 22)
- Action: Final Dividend ₹1.20 per share
- Impact: A modest payout, but signals consistent returns from this PSU defense and engineering major.
Investor Insight: BEML is a steady dividend payer, reflecting government-backed stability.
4. Pidilite Industries (September 23)
- Action: Bonus Issue 1:1
- Impact: Double the number of shares you own. Though valuation per share adjusts, long-term investors benefit from compounding.
Investor Insight: Pidilite, the Fevicol brand owner, shows confidence by issuing bonuses — a positive long-term signal.
5. Nazara Technologies (September 26)
- Action: Bonus Issue 1:1 + Stock Split (4→2)
- Impact: A double benefit for investors. Gamers and retail traders will likely rush to this stock given its youth-focused business model.
Investor Insight: Nazara’s moves enhance liquidity and reward loyalty — positioning itself attractively for long-term growth.
6. Sandur Manganese (September 22)
- Action: Bonus Issue 2:1
- Impact: Generous reward — two free shares for every one owned.
- Investor Insight: Indicates strong confidence in future earnings.
📊 Why Do Companies Do This?
- Dividends: To share profits and build trust.
- Splits: To make shares affordable and liquid.
- Bonuses: To signal growth confidence and reward loyalty.
It’s like a cricket team celebrating victories:
- Dividends = distributing match prize money
- Splits = giving more tickets to fans
- Bonuses = free jerseys for loyal supporters
👉 What You Should Remember: None of these actions magically make you richer instantly. Value creation comes from long-term growth, not short-term corporate fireworks.
📌 Common Mistakes Investors Make
- Confusing value with volume: More shares ≠ more wealth.
- Chasing dividends blindly: A high dividend could mean the company lacks reinvestment plans.
- Ignoring fundamentals: Corporate actions excite, but fundamentals decide long-term returns.
- Buying just before ex-date: Prices often adjust, leaving latecomers disappointed.
👉 Key Lesson: Think like a long-term cricket captain, not a fan cheering every boundary.
🧠 How Should Investors React?
- Track ex-dates: Missing them means missing the reward.
- Rebalance portfolios: Don’t overload on dividend stocks.
- Look beyond freebies: Focus on earnings, growth, and industry trends.
- Use corporate actions as signals: A bonus or split often indicates management’s positive outlook.
📣 Conclusion
This week is nothing short of a festival for Indian investors. From Adani Power’s split to Nazara’s double reward, and from Bajaj Holdings’ massive dividend to Pidilite’s bonus issue, there’s something for everyone.
But here’s the golden rule: Don’t confuse excitement with wealth creation. The real winners are investors who stay focused on company fundamentals while enjoying the corporate rewards along the way.
So, what’s your strategy — are you chasing dividends for short-term cash, or holding strong for long-term growth?
