Corporate Actions - August 2024

Stay ahead of the curve with our monthly Corporate Actions roundup! 

Corporate actions have an impact on your portfolio and thus, staying informed is a key. To help you stay up-to-date, we’ve compiled a list of all the corporate actions happening this month. Whether you are tracking a subdivision that could adjust your shareholdings, a buyback that will boost your stock, or your share of profits in the form of dividends, we’ve got you covered. 

Various types of corporate actions we have covered here are sub-divisions, dividends, bonus issues, buybacks, takeovers, delistings, and name changes. So, dive in, explore the details, and stay ahead in your investment journey. 

Bonus Issue

A bonus Issue is a corporate action in which a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholder.

Company Name

Symbol/Scrip Code

Record date

Ex-Bonus basis from Date 

Bonus Issue

Circular

PVV Infra Limited

536659

20-Aug

20-Aug

1:1

BSE Circular

Sprayking Limited

540079

21-Aug (Revised)

21-Aug (Revised)

1:1

BSE Circular

Sakuma Exports Limited

532713

10-Aug

09-Aug

4:1

BSE Circular

Walpar Nutritions Limited

WALPAR

14-Aug

14-Aug

1:1

NSE Circular

Gujarat Themis Biosyn Limited

506879

09-Aug

09-Aug

1:2 

BSE Circular

EIH Associated Hotels Ltd.

EIHAHOTELS

13-Aug

13-Aug

1:1

BSE Circular

GRP Limited

GRPLTD

12-Aug

12-Aug

3:1

BSE Circular

Sub-division 

Stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.



Company Name

Symbol/Scrip Code/ISIN

Record Date

Ex-split Date

Sub-division Ratio

Circular

Andhra Paper Ltd

ANDHRAPAP

11-Sep-24

11-Sep-24

1:5

BSE Circular

Aditya Vision Limited

INE679V01027

27-Aug

28-Aug

1:10

CDSL Circular (CDSL/OPS/DP/C AIPO/2024/478)

Dividend

A dividend is an amount the company pays to its shareholders out of its profits. This regular profit-sharing payment in the form of dividends is a corporate action initiated by the company regularly. 

Company Name

Symbol

Dividend Amount

Impact on F&O Price

Record Date

Effective Date

Circular

Bharat Petroleum Corporation Limited

BPCL

₹10.40

09-Aug

09-Aug

NSE Circular

Hindustan Petroleum Corporation Limited

HINDPETRO

₹11

09-Aug

09-Aug

NSE Circular

Buyback

Buyback of shares is the process wherein a corporation rebuys its own shares from its shareholders. This way, the company that had earlier issued shares pays some of its shareholders and absorbs that part of ownership that several investors had before.

Name of Company

Symbol

Record Date

Issue Date

Offer Price Per Share

Circular

Welspun Living Limited

WELSPUNLIV

-

09-Aug to 16-Aug (Excluding 15-Aug)

₹220

NSE Circular

Symphony Limited

SYMPHONY

21-Aug

-

-

BSE Circular

AIA Engineering Ltd. 

AIAENG

20-Aug

26-Aug to 30-Aug

₹5000

BSE Circular

Cera Sanitaryware Ltd.

CERA

16-Aug

-

-

BSE Circular

Chaman Lal Setia Exports Ltd.

CLSEL

19-Aug

23-Aug to 29-Aug 

-

BSE Circular

VLS Finance Limited

VLSFINANCE

26-Aug

-

-

BSE Circular

Savita Oil Technologies Limited

SOTL

16-Aug

-

-

BSE Circular

Mayur Uniquoters Limited

MAYURUNIQ

23-Aug

-

-

BSE Circular

TTK Prestige Limited

TTKPRESTIG

-

21-Aug to 27-Aug

₹1200

NSE Circular

Technocraft Industries (India) Limited

TIIL

27-Aug

-

-

BSE Circular

KDDL Ltd.

KDDL

27-Aug

-

BSE Circular

Suprajit Engineering Ltd. 

SUPRAJIT

27-Aug

-

-

BSE Circular

Dhanuka Agritech Limited

DHANUKA

-

22-Aug to 28-Aug

₹2000

NSE Circular

Weizmann Limited

WEIZMANIND

30-Aug

30-Aug

-

BSE Circular

Indian Toners & Developers Ltd.

523586

30-Aug

30-Aug

-

BSE Circular

Takeover

A Takeover is a type of corporate action in which one company (the acquirer) acquires or takes control of another (the target). Such a takeover occurs through the merger and acquisition process and can affect the company's structure in various ways. 

Name of Company

Symbol/Scrip Code

Record Date

Issue Date

Offer Price Per Share

Circular

Inertia Steel Ltd.

512025

-

16-Aug to 28-Aug

₹18

BSE Circular

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