Upcoming Corporate Actions This Week: Ex-dividend, rights issue, demerger, more; SBI, GCPL, Coforge on radar
Corporate Actions This Week: A host of listed companies have lined up key corporate actions, ranging from dividends to a rights issue and a bonus allotment. Below is a snapshot of companies whose shares will turn ex-date this week, along with their respective record dates—crucial details for investors tracking eligibility.
Corporate Action This Week: Several companies, including public sector undertakings and mid- to large-cap firms, have scheduled important shareholder actions for the week starting May 12. These include ex-dividend and ex-rights dates, as well as an ex-date for major business demerger, with key dates investors need to watch. These events coincide with the announcement of their fourth-quarter results for the financial year 2024-25.
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State Bank of India (SBI)
The country’s largest public sector bank has announced a final dividend of Rs 15.90 per share for FY25. The ex-date and record date for this corporate action are both set for Friday, May 16, 2025.
Indian Energy Exchange (IEX)
IEX has declared a dividend of Rs 1.50 per share, with the ex-date and record date falling on Friday, May 16, 2025.
BEML Ltd
The PSU company has announced an interim dividend of Rs 15 per share. The ex-date and record date for this payout are set for Thursday, May 15, 2025.
Great Eastern Shipping Company (GRSE)
Shareholders of GRSE will receive an interim dividend of Rs 5.40 per share. The record and ex-date for this corporate action is Thursday, May 15, 2025.
R Systems International
R Systems has declared an interim dividend of Rs 6 per share, with the ex-date and record date scheduled for Wednesday, May 14, 2025.
BSE Limited
BSE Ltd has announced a total dividend of Rs 23 per share, comprising a Rs 18 regular dividend and a Rs 5 special dividend. Both the ex-date and record date are set for Wednesday, May 14, 2025.
Raymond Ltd
Raymond has fixed Wednesday, May 14, 2025, as the ex-date and record date for the demerger of its real estate business into a separate entity.
Mahindra & Mahindra Financial Services
The company has announced a rights issue of equity shares, with Wednesday, May 14, 2025, serving as the ex-date and record date.
Godrej Consumer Products Ltd (GCPL)
GCPL has declared an interim dividend of Rs 5 per share. The ex-date and record date for this distribution is Tuesday, May 13, 2025.
Coforge Ltd
The IT services firm has fixed Monday, May 12, 2025, as the record date for its Rs 19 per share interim dividend.
Indus Infra Trust
The infrastructure investment trust has announced income distribution to its unitholders, with Monday, May 12, 2025, being the record date.