The upcoming trading week from December 30, 2024, to January 3, 2025, will see several prominent companies, including KPI Green Energy, Redtape, Banco Products (India), and others, in focus as their shares trade ex-date for various corporate actions such as dividends, bonus issues, stock splits, and rights issues. Investors are advised to keep a close eye on these developments to leverage potential opportunities.
Dividend Announcements: Redtape Leads the List
Shares of Redtape, the renowned footwear company, will trade ex-date on January 3, 2025, following the declaration of an interim dividend. The company’s board has approved a 100% interim dividend of ₹2 per equity share for FY 2024-25. The record date for this dividend is set for January 3, 2025.
Bonus Issues: Key Highlights
Several companies have announced bonus issues, enhancing shareholder value.
- KPI Green Energy:
- Ex-Date: January 3, 2025
- Bonus Ratio: 1:2 (1 equity share for every 2 existing shares)
- Record Date: January 3, 2025
- Surya Roshni:
- Ex-Date: January 1, 2025
- Bonus Ratio: 1:1 (1 new share for every existing share)
- Record Date: January 1, 2025
- Ceenik Exports (India):
- Ex-Date: January 3, 2025
- Bonus Ratio: 1:5 (1 bonus share for every 5 existing shares)
- Record Date: January 3, 2025
- Garware Technical Fibres:
- Ex-Date: January 3, 2025
- Bonus Ratio: 4:1 (4 bonus shares for every existing share)
- Record Date: January 3, 2025
- Banco Products (India):
- Ex-Date: December 30, 2024
- Bonus Ratio: 1:1 (1 bonus share for every existing share)
- Record Date: December 30, 2024
Stock Splits: Reshaping Share Values
Stock splits aim to improve liquidity and make shares more accessible to retail investors.
- Inertia Steel:
- Ex-Date: January 3, 2025
- Stock Split: Subdivision of equity shares from ₹10 face value to ₹1 face value
- Record Date: January 3, 2025
- Getalong Enterprise:
- Ex-Date: January 2, 2025
- Stock Split: Subdivision of equity shares from ₹10 face value to ₹1 face value
- Record Date: January 2, 2025
Rights Issues: Opportunities for Shareholders
Rights issues allow companies to raise capital while offering existing shareholders discounted shares.
- Harshil Agrotech:
- Ex-Date: December 31, 2024
- Issue Size: ₹49.5 crore
- Face Value: ₹1 per share
- Record Date: December 31, 2024
- Pro Fin Capital Services:
- Ex-Date: December 31, 2024
- Issue Ratio: 1:2 (1 new share for every 2 existing shares)
- Price: ₹4.50 per share
- Record Date: December 31, 2024
- Sharanam Infraproject and Trading:
- Ex-Date: December 31, 2024
- Issue Size: ₹48 crore
- Face Value: ₹1 per share
- Record Date: December 31, 2024
Investor Insights
The next week promises significant corporate actions that could impact market sentiment and shareholder returns. Dividend payouts, bonus shares, stock splits, and rights issues represent crucial opportunities for both long-term and short-term investors. By staying informed, market participants can align their strategies with these developments.
