Published: 4:47 PM, May 22, 2025
|Updated: 5:35 PM, May 22, 2025
Corporate Actions: Several listed companies will turn ex-dividend on May 23, 2025, while others will see key corporate actions like rights issues, buybacks, income distribution and suspension-related developments. Among large-cap names, LTIMindtree and Havells India will go ex-dividend, alongside CMS Info Systems, which has announced both final and special dividends.
In the mid-cap and small-cap space, Sula Vineyards, Himadri Speciality Chemical, Keystone Realtors, and Purple Finance are among those with scheduled dividend or rights issues. Dhampur Sugar Mills will execute a buyback, while INTERISE TRUST has declared an income distribution under the InvIT structure. Additionally, Mahindra Lifespace Developers, Himalaya Food International, and SEPC Ltd will carry out rights issues, while Viksit Engineering has notified a resolution plan-related suspension.
The record date for most of these corporate actions is May 23, 2025, and the no-delivery period spans from May 22 to May 23, 2025.
Here's what investors can expect on May 23:
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1/13
The company has declared both a final and special dividend. A final dividend of Rs 3.25 per share and a special dividend of Rs 3.00 per share will be issued. The ex-date and record date for both dividends is May 23, 2025.

2/13
The company has announced a buyback of shares. The ex-date and record date for the buyback is May 23, 2025.

3/13
Havells India will issue a final dividend of Rs 6.00 per share. The ex-date is May 23, 2025, while the record date is May 25, 2025.

4/13
The company has announced a right issue of equity shares. The ex-date and record date are both May 23, 2025.

5/13
A dividend of Rs 0.60 per share has been declared. The ex-date and record date are May 23, 2025.

6/13
An income distribution under InvIT has been declared with an ex-date of May 23, 2025, and record date on May 24, 2025.

7/13
LTIMindtree is set to issue a final dividend of Rs 45.00 per share. Ex-date and record date are both May 23, 2025.

8/13
The company will issue a right of equity shares. Both the ex-date and record date are May 23, 2025.

9/13
Purple Finance is offering a right issue of equity shares. The corporate action takes effect on May 23, 2025.

10/13
A final dividend of Rs 1.50 per share has been declared. The ex-date and record date are May 23, 2025.

11/13
The company is issuing a right issue of equity shares. Ex-date and record date: May 23, 2025.

12/13
Sula Vineyards will pay a final dividend of Rs 3.60 per share. The ex-date and record date are May 23, 2025.

13/13
The company has announced a corporate action under a resolution plan involving suspension. The ex-date and record date are May 23, 2025.