Corporate Actions on May 21: Stock Splits, Ex-Dates, Rights Issues — Page Industries, Colab Platforms, Odyssey Technologies & more on radar

Colab Platforms Ltd has announced a stock split, dividing each equity share of face value Rs 2 into two shares of face value Rs 1. The record date for the split is set as Wednesday, 21 May 2025. The company is currently under Enhanced Surveillance Measure (ESM: Stage 2) on the BSE.

As of 3.15 pm , Colab Platforms was trading at Rs 129.80, down Rs 2.60 or 1.96 per cent from its previous close of Rs 132.40. This was also the intraday low, indicating the stock was trading at its lowest point of the day, exactly Rs 2.60 below the previous close.

Odyssey Technologies Ltd has declared a final dividend of Rs 1 per share, with Wednesday, 21 May 2025, set as the record date to determine eligible shareholders.

 As of 3.15 pm, Odyssey Technologies was trading at Rs 95.45, up Rs 0.24 or 0.25 per cent from the previous close of Rs 95.21. The stock had touched a high of Rs 101.90 during the day, meaning it had gained as much as Rs 6.69 from the previous close before settling lower.

Page Industries Ltd has announced an interim dividend of Rs 200 per share, as per data available on the BSE.

 As of 3.15 pm, Page Industries was trading at Rs 47,330.80, down Rs 746.80 or 1.55 per cent from its previous close of Rs 48,077.60. This was also the intraday low, showing a fall of Rs 746.80 from the previous close during the session.

Zodiac-JRD-MKJ Ltd has announced a rights issue of 57,98,443 equity shares at Rs 40 per share (including a premium of Rs 30), aggregating up to Rs 23.19 crore. The entitlement ratio is 112 rights equity shares for every 100 fully paid-up equity shares held as of the record date.

As of 3.15 pm, Zodiac-JRD-MKJ Ltd was trading at Rs 72.95, down Rs 2.18 or 2.90 per cent from the previous close of Rs 75.13.The stock had touched an intraday low of Rs 70.00, a decline of Rs 5.13 from the previous close during the day.

A rights issue is when a company offers existing shareholders the right to buy more shares at a discounted price. It’s a way for the company to raise money while giving priority to current investors.

Stock Split A stock split is when a company divides its existing shares into multiple new shares to increase liquidity. For example, in a 1:2 split, one share becomes two, but the total value remains the same.

 Dividend A dividend is a portion of the company’s profit paid to shareholders, usually in cash or additional shares. It’s a reward for holding the company’s stock.

This is the cut-off date set by the company to determine who is eligible to receive the benefits like dividend, bonus, rights issue, or stock split. If your name is on the company’s records as a shareholder on this date, you’ll get the benefit.

Whereas, the ex-date is usually 1-2 days before the record date. If you buy the stock on or after the ex-date, you won’t be eligible for the benefit. You need to buy before the ex-date to receive the benefit.