Corporate Actions This Week — BEL, G R Infraprojects, Sun TV Network Record Dates
Several companies announced interim dividends and stock split, ahead of their respective record dates next week. Bharat Electronics Ltd., G R Infraprojects Ltd., and Sun TV Network Ltd. have declared interim dividends for financial year 2025, while IOL Chemicals and Pharmaceuticals Ltd. has set a record date for its stock split.
To be eligible for dividends, investors should take note of the record date, which determines shareholder eligibility. Under India's T+1 settlement cycle, shares purchased on the record date itself will not qualify for the dividend payment. The ex-dividend date, which falls before the record date, marks when the share price adjusts to reflect the upcoming payout.
A stock split is a corporate action where a company increases the number of outstanding shares by reducing the face value per share. This typically enhances liquidity as the stock price adjusts accordingly. While the number of shares increases, the total investment value remains unchanged.
Here is a look at companies that declared interim dividends and have key dates coming up this week.
Bharat Electronics
Bharat Electronics has declared an interim dividend of Rs 1.50 per equity share of face value Rs 1 for the financial year 2025. The record date for shareholder eligibility is set for March 11. Previously, the company announced a final dividend of Rs 0.80 in August 2024.
G R Infraprojects
G R Infraprojects has declared an interim dividend of Rs 12.50 per equity share of face value Rs 5 for the financial year 2025. The record date for shareholder eligibility is set for March 13.
Sun TV Network
Sun TV Network approved and declared an interim dividend of Rs 2.50 per equity share of face value Rs 5 for the financial year 2025. The record date for shareholder eligibility is set for March 13.
IOL Chemicals and Pharmaceuticals
IOL Chemicals and Pharmaceuticals has set March 11 as the record date for the subdivision of equity shares. Each fully paid-up equity share of face value Rs 10 will be split into five fully paid-up equity shares of face value Rs 2.
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.
-
Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
-
You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
-
Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
-
FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.
