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Packed Week for India Inc: Dozens Set Record Dates for Dividends, Stock Splits and Bonus Issues

T+1 settlement rules require owning shares before the record date to receive dividends, split benefits or bonus entitlements.

Overview

  • The Sept. 22–26 window features clustered record dates for interim and final dividends across a wide roster of listed companies.
  • Adani Power’s stock split from face value Rs 10 to Rs 2 has a Sept. 22 record date, while Nazara Technologies’ split to Rs 2 per share is set for Sept. 26, with additional splits for PVV Infra (Rs 10 to Rs 5) and R M Drip and Sprinklers Systems (Rs 10 to Rs 1) on Sept. 26.
  • Bonus share issues this week include Sandur Manganese (2-for-1 on Sept. 22), Pidilite Industries (1-for-1 on Sept. 23), Time Technoplast (1-for-1 on Sept. 23), Nazara Technologies (1-for-1 on Sept. 26) and Chandra Prabhu International (1-for-2 on Sept. 26).
  • Highlighted dividend payouts include Monte Carlo Fashions (Rs 20), Gujarat Intrux (Rs 15), India Glycols (Rs 10 on Sept. 23) and Bengal & Assam Company (Rs 50 on Sept. 22).
  • Other scheduled dividends include BEML (Rs 1.20), Sunteck Realty (Rs 1.50) and PNC Infratech (Rs 0.60), with investor eligibility determined by holdings in place before the stated record dates.