Ex-Dividend, Stock Splits, and Bonus Issues for Key Stocks Next Week

In the upcoming week, several companies will undergo important corporate actions, including ex-dividend dates, stock splits, and bonus issues, according to the latest updates from the Bombay Stock Exchange (BSE).

Ex-Dividend and Bonus Issues

• Vedanta Limited will trade ex-dividend on Monday, December 23, 2024, after declaring an interim dividend of ₹8.5 per share. This means shareholders of record will receive the dividend, but from this date, the stock will not carry the value of the dividend.
• NMDC Ltd is set to trade ex-bonus on Friday, December 27, after announcing a bonus issue in the ratio of 2:1.

Stock Splits

Stock splits help increase liquidity by issuing additional shares to existing shareholders. Here are companies declaring stock splits next week:

• Bharat Global Developers Ltd will split its stock from ₹10 to ₹1, trading ex-split on Thursday, December 26.
• Mazagon Dock Shipbuilders Ltd will execute a stock split from ₹10 to ₹5, with shares trading ex-split on Friday, December 27.

Bonus Issues

Bonus issues, where companies distribute additional shares instead of cash dividends, are also on the horizon:

• Bharat Global Developers Ltd: Bonus issue in a ratio of 8:10 on Thursday, December 26.
• Evans Electric Ltd: Bonus issue in a ratio of 1:1 on Thursday, December 26.
• Hardwyn India Ltd: Bonus issue in a ratio of 2:5 on Friday, December 27.
• NMDC Ltd: Bonus issue in a ratio of 2:1 on Friday, December 27.

Other Corporate Actions

Other notable corporate actions next week include extraordinary general meetings (EGMs), rights issues, and income distribution (InvIT):

• Milkfood Ltd and Norben Tea & Exports Ltd will hold EGMs on Monday, December 23.
• Digital Fibre Infrastructure Trust: InvIT on Tuesday, December 24.
• Integra Switchgear Ltd and Jointeca Education Solutions Ltd will also host EGMs on Tuesday, December 24.
• South West Pinnacle Exploration Ltd: EGM on Thursday, December 26.
• Anupam Finserv Ltd and Dhanlaxmi Bank Ltd will conduct rights issues on Friday, December 27.

These corporate actions are expected to attract attention and could influence stock movements as they come into effect next week.