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Dividend, bonus, rights issue, demerger: BoB, Concor & 23 others in focus
It should be noted that the record date and ex-date for the mentioned stocks are the same.
Shares trading ex-date for final dividend
Bank of Baroda has declared a final dividend of ₹8.35 per share, Concor ₹2, HDFC Asset Management Company ₹90, High Energy Batteries India ₹3 per share, ICICI Lombard General Insurance Company ₹7, IFGL Refractories Ltd ₹1, and IndiaMART InterMESH ₹30, according to corporate action data on BSE.
That apart, JSW Energy has declared a final dividend of ₹2, Dr. Lal PathLabs ₹6, L&T Technology Services ₹38, Panchsheel Organics ₹0.8, Tata Steel ₹3.6 and Torrent Power ₹5. These dividends will only be paid to shareholders who own the shares before June 6, 2025, which is the ex-dividend and record date.
A final dividend is the amount given by a company to its shareholders after the end of its financial year, based on its full-year profits, and approved by shareholders at the Annual General Meeting (AGM).
Shares trading ex-date for interim dividend
Maithan Alloys has declared an interim dividend of ₹7, Nicco Parks & Resorts ₹0.4, QGO Finance Ltd ₹0.15 and Ramkrishna Forgings ₹1. Meanwhile, TAAL Enterprises has declared an interim dividend of ₹30, Technocraft Industries (India) ₹20, and Toss The Coin ₹0.5.
An interim dividend is a dividend payment made by a company to its shareholders before its annual earnings have been determined and finalised. It is usually declared and paid mid-year, often after the quarterly or half-yearly financial results. Catch Stock Market Updates Today LIVE
Special dividend
IndiaMART InterMESH has declared a special dividend of ₹20. This dividend will only be paid to shareholders who own the shares before June 6, 2025, which is the ex-dividend and record date.
A special dividend is a one-time dividend payment made by a company to its shareholders that is separate from the regular, recurring dividend payments.
Demerger/Spinoff
Khadim India will trade the ex-demerger on Jun 6, 2025. The company received a nod from the National Company Law Tribunal (NCLT) for the demerger of its footwear business--KSR Footwear-- on March 27, 2025.
Bonus issue
Shilchar Technologies' board approved a bonus issue in the ratio of 2:1, which means, shareholders will receive one new fully paid-up equity share of ₹10 each, for every two existing fully paid-up shares of the company.
A bonus issue is when a company gives free additional shares to its existing shareholders, based on the number of shares they already own.
Rights issue
Som Datt Finance Corporation has announced a rights issue involving 70,05,579 equity shares with a face value of ₹10 each, amounting to a total issue size of ₹49,03,90,530.
The issue price is set at ₹70 per fully paid-up equity share (including a premium of ₹60 per share. The entire issue price will be payable at the time of making the application in the issue.
A rights issue is a way for a company to raise additional capital by offering new shares to its existing shareholders, usually at a discounted price, in proportion to their current holdings.
The ex-date marks the day a stock starts trading without the eligibility for dividends, bonus shares, stock splits, or rights issues. This means that investors who purchase the stock on or after the ex-date will not be entitled to these benefits. To be eligible, an investor must hold the stock before the ex-date. However, the final list of beneficiaries for dividends, stock splits, or rights issues is prepared by the company based on shareholders recorded at the close of the record date.
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