Key facts
- 31 companies will turn ex-record date for dividends and bonus issues between June 15 and June 19.
- Investors must hold shares by the record date to be eligible for corporate actions.
- Brigade Enterprises is offering a 1:3 bonus issue.
- HDFC Bank will pay a final dividend of Rs 13 per share.
- Tata Communications will pay a final dividend of Rs 17.50 per share.
- Polycab India will pay a dividend of Rs 47 per share.
- IndiaMART InterMESH will pay a total dividend of Rs 60 per share.
- String Metaverse is offering a 2:9 bonus issue.
A total of 31 companies are scheduled to turn ex-record date this week, offering investors opportunities to benefit from dividends and bonus issues. The corporate actions are spread across June 15 to June 19, involving companies from various sectors including financials, industrials, and healthcare.
To be eligible for these corporate actions, investors must hold shares in their demat accounts on or before the respective record dates. The list is subject to change, with more companies potentially announcing their record dates during the week.
Key events include:
On June 15, SMC Global Securities will go ex-record date for a final dividend of Rs 0.6 per share.
June 16 will see Mini Diamonds (India) turn ex-record date for a 1:1 bonus issue, and RR Kabel for a final dividend of Rs 5.5 per share.
Brigade Enterprises has set June 17 as the record date for its 1:3 bonus issue. Other companies with record dates on June 17 include Krishana Phoschem (Rs 0.5 per share), Madhya Bharat Agro Products (Rs 0.5 per share), and Steel City Securities (Rs 1 per share).
June 18 will mark Tata Technologies' ex-record date for a special dividend of Rs 3.35 and a final dividend of Rs 2 per share. Other companies with record dates on this day include HDB Financial Services (Rs 2 per share), Capital Small Finance Bank (Rs 5 per share), eMudhra (Rs 1.25 per share), GHCL (Rs 12 per share), Monika Alcobev (Rs 1 per share), Swastika Investmart (Rs 0.6 per share), and Vimta Labs (Rs 2 per share).
Heavyweights on June 19 include HDFC Bank, which has set the record date for its final dividend of Rs 13 per share. Tata Communications will trade ex-record date for a final dividend of Rs 17.50 per share. Tata Motors Passenger Vehicles will offer a Rs 3 per share final dividend, and HDFC Life Insurance Company will pay Rs 2.1 per share. Sanofi Consumer Healthcare India has set a final dividend of Rs 75 per share, and Polycab India will pay Rs 47 per share. IndiaMART InterMESH will provide a total dividend of Rs 60 per share, comprising a Rs 30 final and Rs 30 special dividend. Torrent Power will pay a final dividend of Rs 5 per share, and Corona Remedies will pay Rs 10 per share. Additional companies with record dates on June 19 include Solitaire Machine Tools (Rs 1.5 per share), AWL Agri Business (Rs 1 per share), Raghav Productivity Enhancers (Rs 1 per share), Amba Enterprises (Rs 0.75 per share), GHCL Textiles (Rs 0.6 per share), and Hindusthan Insulators & Industries (Rs 0.5 per share). String Metaverse will also turn ex-record date for its 2:9 bonus issue on Friday.