Corporate Actions from May 19 to May 23: Key Dividends, Stock Splits, and Rights Issues to Watch

Upcoming corporate actions include dividends, stock splits, and rights issues by firms such as Page Industries, LTIMindtree, and Aditya Birla Fashion & Retail.

The upcoming week from May 19 to May 23, 2025, will witness several corporate actions across Indian companies, including dividends, stock splits, spin-offs, and rights issues. These actions may influence stock prices and shareholder value, making it crucial for investors to stay informed.

May 21, 2025 – Wednesday

• Colab Platforms Ltd will execute a stock split, reducing the face value of its shares from Rs 2 to Rs 1. This 2:1 stock split implies that shareholders holding one share of Rs 2 face value will receive two shares of Rs 1 each.

• Odyssey Technologies Ltd is scheduled to pay a final dividend of Rs 1 per share. The record date for eligibility is May 21.

• Page Industries Ltd will pay an interim dividend of Rs 200 per share to eligible shareholders.

May 22, 2025 – Thursday

• Aditya Birla Fashion and Retail Ltd has announced a spin-off, with May 22 set as the record date.

• Ashok Leyland Ltd and Emami Ltd will both pay interim dividends; however, the exact amounts have not been disclosed.

• GM Breweries Ltd will pay a final dividend of Rs 7.50 per share.

May 23, 2025 – Friday

• LTIMindtree Ltd will distribute a final dividend of Rs 45 per share.

• Havells India Ltd is scheduled to pay a final dividend of Rs 6 per share. Note that the record date is May 25, 2025.

• Keystone Realtors Ltd will distribute a final dividend of Rs 1.50 per share.

• Sula Vineyards Ltd will pay a final dividend of Rs 3.60 per share.

• Himalaya Food International Ltd will initiate a rights issue with a record date of May 23. The issue opens on June 3 and closes on June 18, offering shares at Rs 13.8 each in a 1:2 ratio (1 new share for every 2 held).

• Purple Finance Ltd also has a rights issue with a record date of May 23. It opens on June 2 and closes on June 10, offering shares at Rs 42 each in a 3:14 ratio.

• SEPC Ltd has set its rights issue record date for May 23, with the issue open from June 9 to June 23, offering shares at Rs 10 each in an 11:50 ratio.

• INTERISE TRUST will distribute income under its InvIT scheme, with a record date of May 24, 2025.

Investors are advised to verify record dates and understand eligibility before taking action. Corporate actions like dividends and rights issues can affect stock price and shareholder returns.

Disclaimer: This article is for informational purposes only and does not constitute investment advice.