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5:11 Bonus Issue, Buyback, Rights Issue: Several stocks will turn ex-date on Wednesday, December 17. This means Tuesday, December 16, will be the last day to buy these shares to be eligible for corporate actions such as buyback, rights issue, or bonus shares.
The ex-date is the day when a stock starts trading without the right to receive a corporate benefit. Investors must buy the stock before the ex-date to be eligible.
Since Indian markets follow a T+1 settlement cycle, shares bought on or before Tuesday, December 16, will be credited to the demat account by the record date. Shares bought on or after Wednesday, December 17, will not qualify for the announced benefit.
eClerx Services Ltd will turn ex-date on Wednesday, December 17, for its buyback. The company has announced a Rs 300 crore share buyback through the tender offer route.
The board approved the buyback on October 24, 2025. The company plans to repurchase up to 6.66 lakh equity shares at a fixed price of Rs 4,500 per share. This represents about 21.08 per cent of the paid-up equity capital and 13.80 per cent of consolidated reserves as of March 31, 2025.
The buyback is subject to shareholder approval via postal ballot and remote e-voting. Notably, promoters have opted out of participating in the buyback.
Tuesday, December 16, will be the last day to buy eClerx shares to be eligible for the buyback.
Krishival Foods Ltd will also trade ex-date on Wednesday, December 17, for its rights issue. The record date for the issue is December 17, 2025.
The company plans to issue 33,33,160 equity shares worth Rs 99.99 crore. The rights issue price is Rs 300 per share, with a face value of Rs 10.
The entitlement ratio is 45 rights equity shares for every 301 fully paid-up equity shares held on the record date. The rights issue will open on December 26, 2025, and close on January 5, 2026.
The last date to buy Krishival Foods shares to qualify for the rights issue is Tuesday, December 16.
Sylph Technologies Ltd will also turn ex-date on Wednesday, December 17, for its bonus issue.
The company has announced a bonus issue of 5 equity shares of Re 1 each for every 11 existing equity shares of Re 1 each. The move aims to reward shareholders and improve market liquidity.
Investors must buy the stock by Tuesday, December 16, to be eligible for the bonus shares.