Dividend, Stock split, Rights Issue: L&T, Coforge, Tata Motors among 14 key firms set to trade ex-date next week
Corporate Actions to Track: Fourteen listed firms, including L&T, Coforge, and Tata Motors, are scheduled to trade ex-date next week for key corporate actions like dividends, stock splits, and rights issues.
Corporate Actions Next Week: A host of listed companies are set to undertake corporate actions next week, including dividend payouts, stock splits, and rights issues. Heavyweights such as Larsen & Toubro, Tata Consultancy Services, and Tata Motors will turn ex-dividend between June 3 and June 6.
Meanwhile, Coforge will turn ex-date for its stock split, adjusting the face value of its equity shares. Franklin Industries is lined up for an ex-rights event related to its upcoming rights issue. These corporate developments are expected to influence investor sentiment and stock price movements in the short term.
Here's what all investors can expect in the upcoming week:
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Larsen & Toubro
Larsen & Toubro Ltd will turn ex-dividend on June 3 for its final dividend of Rs. 34 per share.
Nuvama Wealth Management
Nuvama Wealth Management Ltd will turn ex-dividend on June 3 for its interim dividend of Rs. 69 per share.
Coforge
Coforge Ltd will turn ex-date on June 4 for a stock split, adjusting the face value of shares from Rs. 10 to Rs. 2.
Franklin Industries
Franklin Industries Ltd will turn ex-rights on June 4 for its right issue of equity shares.
INOX India
INOX India Ltd will turn ex-dividend on June 4 for its final dividend of Rs. 2 per share.
Tata Motors
Tata Motors Ltd will turn ex-dividend on June 4 for its final dividend of Rs. 6 per share.
Tata Consultancy Services
Tata Consultancy Services Ltd will turn ex-dividend on June 4 for its final dividend of Rs. 30 per share.
Bank of Baroda
Bank of Baroda will turn ex-dividend on June 6 June for its final dividend of Rs. 8.35 per share.
HDFC Asset Management
HDFC Asset Management Company Ltd will turn ex-dividend on June 6 for its final dividend of Rs. 90 per share.
IndiaMART
InterMESH Ltd will turn ex-dividend on June 6 for its special dividend of Rs. 20 and final dividend of Rs. 30 per share.
JSW Energy
JSW Energy Ltd will turn ex-dividend on June 6 for its final dividend of Rs. 2 per share.
Dr. Lal PathLabs
Dr. Lal PathLabs Ltd will turn ex-dividend on June 6 for its final dividend of Rs. 6 per share.
L&T Technology Services
L&T Technology Services Ltd will turn ex-dividend on June 6 for its final dividend of Rs. 38 per share.
Tata Steel
Tata Steel Ltd will turn ex-dividend on June 6 June for its final dividend of Rs. 3.60 per share.
TAAL Enterprises
TAAL Enterprises Ltd will turn ex-dividend on June 6 June for its interim dividend of Rs. 30 per share.