img

News Topical, Digital Desk : The stock market is set to witness significant corporate action next week, with record dates set for 11 companies. These include decisions such as bonus shares, dividends, and stock splits. This is a crucial time for investors, as the record date determines who will be eligible for these benefits. According to reports, eight companies have remaining opportunities to benefit from these corporate actions. The impact of the ex-date will be felt in the stocks of all companies.

Bonus Issue
Next week, two companies are offering bonus shares to investors. Kilitch Drugs India Ltd and Times Green Energy (India) Ltd have both announced a 1:1 bonus issue, with a record date of March 24, 2026. This means investors will receive one additional share for every one held. Bonus issues typically increase the liquidity of a stock and encourage participation from small investors.

On the dividend

front, several companies are offering cash returns to investors. Castrol India Ltd has declared a final dividend of ₹5.25 per share, with a record date of March 23rd. India Glycols Ltd is offering an interim dividend of ₹7.50 per share, and Power Finance Corporation is offering an interim dividend of ₹3.25 per share, both with a record date of March 23rd.
 

Apart from this, Gujarat Intrux Ltd is going to give interim dividend of ₹7.50 per share (25 March), Angel One Ltd ₹1.75 per share (27 March) and Samvardhana Motherson International Ltd ₹0.35 per share (27 March). Dividend is a direct source of income for investors, through which they get a share in the profits of the company.

Stock Split
Through stock split, companies reduce the face value of their shares, due to which the share price level comes down and liquidity increases. Manbro Industries Ltd and V2 Retail Ltd are splitting their shares from ₹10 to ₹1, whose record date is 25 and 26 March. With this move, each share of the companies will convert into 10 shares.

Meanwhile, Avax Apparels and Ornaments Ltd is splitting its shares from ₹10 to ₹5, with a record date of March 27th. This will convert each share into two shares. A stock split does not change investors' holding values, but a lower share price may increase the action.


Read More: SBI receives a major blow from Income Tax, receives a demand notice of Rs 6,337 crore; impact on shares will be visible on Monday!

--Advertisement--