Plenty of corporate action will be lined-up in the holiday-shortened week which could act as triggers for the movement of individual stocks. In all, 13 stocks will see developments related to dividend, spin-off and resolution.
For all these events, respective companies have declared record dates through the week. The record date determines which shareholders are eligible for such benefits. Due to the T+1 settlement cycle, investors must own shares at least one day before the ex-date to qualify.
Here’s the full detail of the corporate actions in the upcoming trading sessions:
1) CRISIL
April 14, Monday will be the record date for the purpose of final dividend of the company. The ex-date was Friday, April 11. The company has announced a final dividend of Rs 26 per share.
2) Energy Infrastructure Trust
Tuesday, April 15 will be the ex-date and record date for income distribution (InvIT) of .
3) Hexaware Technologies
April 15 will be the ex-date and record date for the purpose of interim dividend of Rs 5.75 per equity share.
4) Kapil Raj Finance
April 15 will also be the ex-date and record date for 1:10 stock split of .
5) Onesource Industries And Ventures
April 15 will be the ex-date and record date for the rights issue of Ltd.
6) Quess Corp
April 15 will be the ex-date and record date for spin-off of .
7) Remedium Lifecare
April 15 will be the ex-date and record date for the purpose of rights issue of .
8) Mazagon Dock Shipbuilders
Wednesday, April 16 will be the ex-date and record date for the purpose of interim dividend of PSU stock of .The defense sector company has announced an interim dividend of Rs 3.
9) Akme Fintrade (India)
Thursday, April 17 will be the ex-date for 1:10 stock split of Akme Fintrade while the record date will be Friday, April 18.
10) Garment Mantra Lifestyle
Thursday, April 17 will be the ex-date and record date for rights issue of Garment Mantra.
11) Rushabh Precision Bearings
Thursday, April 17 will be the ex-date and record date for the resolution plan (suspension) of Rushabh Precision Bearings
12) Sanofi Consumer Healthcare India
Thursday, April 17 will be the ex-date and record date for Rs 55 per share final dividend of Sanofi Consumer Healthcare.
13) Tirupati Tyres
April, 17 will be the ex-date and record date for rights issue of .
Indian frontline indices ended with weekly declines of 0.3% amid high volatility in view of Donald Trump’s flip-flops on reciprocal tariffs. On Friday, bulls ruled the streets as the BSE Sensex and closed with strong gains on buying action across sectors. BFSI and auto stocks received the highest traction among sectoral peers. The BSE Sensex surged by 1310.11 points or 1.77% to 75,157.26, while the Nifty gained 429.40 points or 1.92% to end the day at 22,828.55.