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 |
|
Sprayking Limited |
540079 |
21-Aug (Revised) |
21-Aug (Revised) |
1:1 |
|
Sakuma Exports Limited |
532713 |
10-Aug |
09-Aug |
4:1 |
|
Walpar Nutritions Limited |
WALPAR |
14-Aug |
14-Aug |
1:1 |
|
Gujarat Themis Biosyn Limited |
506879 |
09-Aug |
09-Aug |
1:2 |
|
EIH Associated Hotels Ltd. |
EIHAHOTELS |
13-Aug |
13-Aug |
1:1 |
|
GRP Limited |
GRPLTD |
12-Aug |
12-Aug |
3:1 |
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 |
|
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 |
||
Hindustan Petroleum Corporation Limited |
HINDPETRO |
₹11 |
09-Aug |
09-Aug |
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 |
|
Symphony Limited |
SYMPHONY |
21-Aug |
- |
- |
|
AIA Engineering Ltd. |
AIAENG |
20-Aug |
26-Aug to 30-Aug |
₹5000 |
|
Cera Sanitaryware Ltd. |
CERA |
16-Aug |
- |
- |
|
Chaman Lal Setia Exports Ltd. |
CLSEL |
19-Aug |
23-Aug to 29-Aug |
- |
|
VLS Finance Limited |
VLSFINANCE |
26-Aug |
- |
- |
|
Savita Oil Technologies Limited |
SOTL |
16-Aug |
- |
- |
|
Mayur Uniquoters Limited |
MAYURUNIQ |
23-Aug |
- |
- |
|
TTK Prestige Limited |
TTKPRESTIG |
- |
21-Aug to 27-Aug |
₹1200 |
|
Technocraft Industries (India) Limited |
TIIL |
27-Aug |
- |
- |
|
KDDL Ltd. |
KDDL |
27-Aug |
- |
||
Suprajit Engineering Ltd. |
SUPRAJIT |
27-Aug |
- |
- |
|
Dhanuka Agritech Limited |
DHANUKA |
- |
22-Aug to 28-Aug |
₹2000 |
|
Weizmann Limited |
WEIZMANIND |
30-Aug |
30-Aug |
- |
|
Indian Toners & Developers Ltd. |
523586 |
30-Aug |
30-Aug |
- |
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 |