As many as 13 stocks will be in focus next week due to various corporate actions such as dividend declarations, bonus issues, stock splits, and rights issues. Key companies, including Bharat Electronics (BEL), Sun TV, GR Infra, and others, have set ex-dates and record dates for their corporate actions. Here’s a detailed breakdown of the major announcements:
Rights Issue Announcements
AB Infrabuild Rights Issue– AB Infrabuild has announced a rights issue of equity shares. The ex-date and record date for this rights issue are both set for March 10, 2025.
Vipul Organics Rights Issue- Vipul Organics has also announced a rights issue with an ex-date and record date of March 10, 2025.
Demerger Announcement
Kesoram Industries Demerger – Aditya Birla Group’s UltraTech Cement has declared the demerger of Kesoram Industries’ cement business. The cement division will merge with UltraTech Cement, and the scheme will become effective from March 1, 2025. The ex-date and record date for this demerger have been set for March 10, 2025.
Bonus Issue Announcement
SBC Exports Bonus Issue- SBC Exports has announced a bonus issue in the ratio of 1:2, meaning shareholders will receive one bonus share for every two shares held. The ex-date and record date are scheduled for March 10, 2025.
Dividend Announcements
Bharat Electronics (BEL) Dividend – BEL has declared an interim dividend of 150% or Rs 1.50 per share on a face value of Re 1. The ex-date and record date for the dividend are set for March 11, 2025.
Brisk Technovision Interim Dividend- Brisk Technovision has announced an interim dividend of Rs 1.40 per share, with the ex-date and record date scheduled for March 13, 2025.
GR Infra Dividend – GR Infraprojects has declared an interim dividend of Rs 12.50 per share. The ex-date and record date for the dividend are set for March 13, 2025.
HUDCO Interim Dividend – The state-owned Housing and Urban Development Corporation (HUDCO) has scheduled a board meeting on March 10, 2025, to consider a second interim dividend. The ex-date is March 13, while the record date is March 14, 2025.
Sun TV Dividend – Sun TV Network has announced an interim dividend of Rs 2.50 per share. The ex-date and record date for this dividend are set for March 13, 2025.
Stock Splits Announcements
IOL Chemicals & Pharmaceuticals Stock Split- IOL Chemicals and Pharmaceuticals has announced a stock split in the ratio of 5:1. This means each existing share will be divided into five shares. The ex-date and record date are March 11, 2025.
Mehai Technology Stock Split – Mehai Technology has announced a stock split in the ratio of 10:1. The ex-date is March 13, and the record date is March 14, 2025.
Shalimar Agencies Stock Split- Shalimar Agencies has also announced a stock split in the ratio of 10:1, with an ex-date of March 13 and a record date of March 14, 2025.
Shangar Decor Stock Split- Shangar Decor will split its shares in the ratio of 5:1. The ex-date is March 13, and the record date is March 14, 2025.
Income Distribution Record Date
Altius Telecom Infrastructure Trust – Altius Telecom Infrastructure Trust has set March 12, 2025, as the record date for income distribution.
Investors should keep an eye on these corporate actions as they can impact stock prices and portfolio valuations. Whether through dividends, bonus shares, or stock splits, these events provide opportunities for long-term shareholders and traders alike. Ensure to check your holdings and be aware of the ex-dates and record dates to make informed decisions.
