31 Stocks Turn Ex-Record Date This Week for Dividends and Bonus Issues
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IN SHORT
A total of 31 companies are scheduled to trade ex-dividend or ex-bonus this week, from June 15 to June 19, with investors needing to own shares by the record date to qualify for these corporate actions. Among these are prominent firms like HDFC Bank and various Tata group companies. Concurrently, the SME IPO market is seeing activity with two new offerings, Liotech Industries and Leapfrog Engineering, launching on June 17. These SME IPOs collectively aim to raise around Rs 125 crore, signaling sustained investor appetite for smaller companies.
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Key Numbers
31companies trading ex-record date
June 15 to June 19date range for ex-record dates
2SME IPOs launching next week
June 17IPO opening date
Rs 125 croretotal amount to be raised by SME IPOs
Who's Involved
HDFC Bank
company trading ex-record date for dividends and bonus issues
Tata group firms
companies trading ex-record date for dividends and bonus issues
Liotech Industries
SME IPO launching on June 17
Leapfrog Engineering
SME IPO launching on June 17
Key facts
Thirty-one companies will turn ex-record date this week for dividends and bonus issues.
The period for these ex-record dates is between June 15 and June 19.
Investors must hold shares by the record date to be eligible for corporate actions.
HDFC Bank is among the companies turning ex-record date.
Tata group firms are also among those turning ex-record date.
Two SME IPOs are set to launch next week.
The two SME IPOs are Liotech Industries and Leapfrog Engineering.
These IPOs are scheduled to open on June 17.
The two SME IPOs aim to raise approximately Rs 125 crore combined.
This week, from June 15 to June 19, a significant number of companies, precisely 31, will reach their ex-record dates for dividends and bonus issues. To be eligible for these corporate actions, investors must possess shares of these companies on or before their respective record dates. The list of companies includes major entities such as HDFC Bank and several firms associated with the Tata group. This period of corporate actions highlights ongoing financial activities within the listed companies.
In parallel, the small and medium-sized enterprise (SME) initial public offering (IPO) segment is preparing to welcome two new offerings next week. Liotech Industries and Leapfrog Engineering are scheduled to open their IPO subscriptions on June 17. These two companies collectively aim to raise approximately Rs 125 crore through their public offerings. This activity in the SME sector suggests a continued, robust investor interest in smaller, growth-oriented companies, even as the mainboard market may be experiencing a quieter period.
↳ Why This Matters
This week, from June 15 to June 19, a significant number of companies, precisely 31, will reach their ex-record dates for dividends and bonus issues. To be eligible for these corporate actions, investors must possess shares of these companies on or before their respective record dates. The list of companies includes major entities such as HDFC Bank and several firms associated with the Tata group. This period of corporate actions highlights ongoing financial activities within the listed companies.
Frequently asked questions
The ex-record date is the date on or after which a stock trades without the rights to the upcoming dividend or bonus issue. Investors must own the stock before this date to be eligible.
Mini Diamonds (India) is offering a 1:1 bonus issue, Brigade Enterprises is offering a 1:3 bonus issue, and String Metaverse is offering a 2:9 bonus issue.
Sanofi Consumer Healthcare India is paying Rs 75 per share, IndiaMART InterMESH is paying Rs 60 per share, and Polycab India is paying Rs 47 per share.
What Happens Next
01More companies may announce record dates for dividends, bonus issues, and stock splits during the week.
02Bonus shares are scheduled to be allotted by June 17 for Mini Diamonds (India).
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