Upcoming Corporate Actions This Week: Ashok Leyland, Havells, LTIMindtree and others on radar for ex-dates, stock splits, and rights issues
Corporate Actions: Several companies are lining up critical corporate actions this week including dividends, right issues, spin-offs and share buybacks for the coming week starting May 20-23
Corporate Actions for Coming Week: The week of May 19 to May 23, 2025, will see a flurry of corporate actions across Indian markets, including dividends, stock splits, spin-offs, and rights issues. From May 20 to May 23, several large-cap, mid-cap, and small-cap companies will announce key moves. Large-cap names like Ashok Leyland, Havells India, and LTIMindtree are set to go ex- dividends, while mid- and small-cap firms such as Purple Finance, Zodiac-JRD-MKJ, and Sula Vineyards plan rights issues, buybacks, and stock splits.
Here’s a concise overview of the critical events to watch:
(Representational Images: Pexels)
IndiGrid Infrastructure Trust
IndiGrid Infrastructure Trust will distribute income to unitholders, with both ex-date and record date set for 20 May 2025.
Colab Platforms Ltd
Colab Platforms is set to undergo a stock split, reducing the face value of its shares from Rs 2 to Rs 1. This corporate action is effective with an ex-date and record date of May 21, 2025.
Odyssey Technologies Ltd
Odyssey Technologies has announced a final dividend of Rs 1 per share, with both the ex-date and record date falling on May 21, 2025.
Page Industries Ltd
Page Industries will reward its shareholders with an interim dividend of Rs 200 per share, with the ex-date and record date scheduled for May 21, 2025.
Zodiac-JRD-MKJ Ltd
The company is offering a right issue of equity shares to eligible investors, with May 21, 2025 as both the ex-date and record date.
Aditya Birla Fashion and Retail Ltd
The company will execute a spin-off as part of its corporate restructuring strategy, effective from May 22, 2025, which is also the record date.
Ashok Leyland Ltd
Ashok Leyland has declared an interim dividend of Rs 4.25 per share. The ex-date and record date for the payout are both on May 22, 2025.
Emami Ltd
Emami will pay a special dividend of Rs 2 per share, with both the ex-date and record date falling on May 22, 2025.
GM Breweries Ltd
GM Breweries will disburse a final dividend of Rs 7.50 per share, with May 22, 2025 as the ex-date and record date.
Dhampur Sugar Mills Ltd
Dhampur Sugar Mills has announced a buyback of shares, which will take effect with an ex-date and record date of May 23, 2025.
Havells India Ltd
Havells India is set to issue a final dividend of Rs 6 per share. The ex-date is May 23, 2025, while the record date is May 25, 2025.
LTIMindtree Ltd
LTIMindtree has declared a final dividend of Rs 45 per share. The ex-date and record date for this payout are both on May 23, 2025.
Keystone Realtors Ltd
The company will pay a final dividend of Rs 1.50 per share, with May 23, 2025 as the ex-date and record date.
Sula Vineyards Ltd
Sula Vineyards will distribute a final dividend of Rs 3.60 per share. Both the ex-date and record date are fixed for May 23, 2025.
Purple Finance Ltd
Purple Finance will issue right shares to eligible investors, with May 23, 2025 as both the ex-date and record date.