As many as 88 companies, including Bharti Airtel, Hero MotoCorp, Abbott India, Info Edge and others, have fixed their record dates for corporate actions such as stock splits, bonus issues and dividends this week.
Investors must hold shares of these companies in their demat accounts on the respective record dates to be eligible for the announced corporate actions. The list remains tentative, as more companies may announce record dates for dividends, bonus issues and stock splits during the week.
Here is a day-wise list of corporate actions to watch out for:
July 20 (Monday)
Monday will see 12 stocks turn ex-record date for their respective dividends, while one stock will turn ex-record date for a stock split. Heavy engineering components maker Simplex Castings has fixed July 20 as the record date for its 1:5 stock split.Graphite India will pay a final dividend of Rs 7 per share, with the record date fixed on Monday. Textile player KPR Mill will pay a dividend of Rs 2.5 per share. Other companies that have fixed Monday as the record date for their respective dividends include AccelerateBS India (Rs 0.1 per share), Aditya Infotech (Rs 1.64 per share), Fairchem Organics (Rs 1 per share), Happy Forgings (Rs 4 per share), NDR Auto Components (Rs 4 per share), Nelcast (Rs 0.7 per share), Nesco (Rs 7 per share), Pokarna (Rs 0.6 per share), Quest Capital Markets (Rs 2.5 per share) and SPR Auto Technologies (Rs 5 per share).July 21 (Tuesday)
Lead, lead alloys and plastic additives producer Pondy Oxides & Chemicals has fixed July 21 as the record date for its 2:5 stock split. Apart from this, eight companies have fixed Tuesday as the record date for their respective dividends.
These include Angel One (Rs 1 per share), Cholamandalam Investment and Finance Company (Rs 0.7 per share), Indo Borax & Chemicals (final dividend of Rs 10 and special dividend of Rs 30), Jaro Institute of Technology Management and Research (Rs 3 per share), Ksolves India (Rs 4 per share), Laxmi Organic Industries (Rs 0.3 per share), Punjab & Sind Bank (Rs 0.39 per share) and Rainbow Children’s Medicare (Rs 3.5 per share).
Also read: Wall Street’s chip index enters bear market! Is the AI bubble finally going bust?
July 22 (Wednesday)
Wednesday will see 11 stocks turn ex-record date for their respective dividends. Pressure cooker and kitchen appliances manufacturer Hawkins Cookers stands out with a hefty final dividend of Rs 140 per share, while mutual fund house Aditya Birla Sun Life AMC will pay a final dividend of Rs 25.5 per share.
Apart from these, nine other companies have fixed Wednesday as the record date for their respective dividends. These include Cosmo First (Rs 4 per share), Goodricke Group (Rs 2 per share), HEG Ltd (Rs 3.4 per share), Menon Bearings (interim dividend of Rs 2 per share), Ram Ratna Wires (Rs 2.5 per share), Sanco Trans (Rs 4.5 per share), Sarla Performance Fibers (Rs 2 per share), Thangamayil Jewellery (Rs 18 per share) and Wires & Fabriks (S.A.) (Rs 0.1 per share).
Notably, Triveni Engineering & Industries has also fixed Wednesday as the record date for the demerger of its power transmission business.
July 23 (Thursday)
Thursday will see 13 stocks turn ex-record date for their respective dividends. Credit rating agency ICRA Ltd stands out by rewarding shareholders with a final dividend of Rs 70 per share and a special dividend of Rs 35 per share, while welding and cutting equipment manufacturer Esab India will pay a final dividend of Rs 25 per share.
Apart from these, 11 other companies have fixed Thursday as the record date for their respective dividends. These include ABM Knowledgeware (Rs 1.25 per share), Afcons Infrastructure (Rs 2 per share), Banswara Syntex (Rs 1 per share), Bhagiradha Chemicals & Industries (Rs 0.15 per share), D.B. Corp (interim dividend of Rs 5 per share), Mangalam Worldwide (Rs 0.3 per share), Oriental Hotels (Rs 0.65 per share), Paushak Ltd (Rs 2.5 per share), Pidilite Industries (Rs 11.5 per share), Precision Camshafts (Rs 1 per share) and Sudeep Pharma (Rs 1.5 per share).
July 24 (Friday)
Friday will see 34 stocks turn ex-record date for their respective dividends, one stock for its stock split, and one company executing both a bonus issue and a stock split. Pharma heavyweight Abbott India stands out by rewarding shareholders with a dual payout — a final dividend of Rs 525 per share and a special dividend of Rs 131 per share.
Voltamp Transformers will pay a substantial final dividend of Rs 100 per share, while telecom major Bharti Airtel will distribute Rs 24 per share. Software and IT services player Sasken Technologies will pay Rs 13 per share. Intellect Design Arena has also lined up a double reward, offering a final dividend of Rs 4 per share and a special dividend of Rs 3 per share.
Apart from these, 28 other companies have fixed Friday as the record date for their respective dividends. These include Advanced Enzyme Technologies (Rs 1.35 per share), Bhageria Industries (Rs 2.5 per share), Birla Corporation (Rs 12.5 per share), Bombay Cycle & Motor Agency (Rs 5 per share), Chembond Chemicals (Rs 1.25 per share), Concord Biotech (Rs 7.55 per share), Cravatex Ltd (Rs 13 per share), Crompton Greaves Consumer Electricals (Rs 3 per share), Data Patterns (India) (Rs 10 per share), Divi’s Laboratories (Rs 30 per share), Elcid Investments (Rs 25 per share), Fiem Industries (Rs 40 per share), Hero MotoCorp (Rs 75 per share), Info Edge (India) (Rs 3.6 per share), Joindre Capital Services (Rs 2 per share), Jubilant Ingrevia (Rs 2.5 per share), Jubilant Pharmova (Rs 5 per share), Karur Vysya Bank (Rs 2.6 per share), Kirloskar Brothers (Rs 7 per share), Lakshmi Electrical Control Systems (Rs 3 per share), Mitsu Chem Plast (Rs 0.2 per share), Neuland Laboratories (Rs 34 per share), Nitta Gelatin India (Rs 7 per share), Nocil Ltd (Rs 1.5 per share), Orient Bell (Rs 1 per share), PDS Ltd (Rs 1.65 per share), Radico Khaitan (Rs 9 per share), Refex Industries (Rs 1 per share), Rishabh Instruments (Rs 2 per share), Shetron Ltd (Rs 1 per share), SIL Investments (Rs 2.5 per share), Siyaram Silk Mills (Rs 5 per share), Steelcast Ltd (Rs 0.54 per share) and Swelect Energy Systems (Rs 3.5 per share).
Moving beyond cash payouts, structural share adjustments will also close out the week. Kalind has fixed Friday as the record date for a dual corporate action: a 1:2 bonus issue along with a stock split, reducing the face value of shares from Rs 10 to Rs 2. Meanwhile, PS Raj Steels has also fixed Friday as the record date for its stock split, subdividing equity shares from a face value of Rs 10 to Rs 2.
Also read: Bharti Airtel fixes record date for its highest-ever dividend of Rs 24/share. What’s the last date to buy?
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
