Corporate Actions This Week — Pervasive Commodities, Siemens, Crisil, Ashiana Housing

A bunch of companies have announced corporate actions, including interim dividends and stock split, ahead of their respective record dates next week.

Ashiana Housing Ltd. and Crisil Ltd. are some of the companies set to issue dividends to their stakeholders.

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.

Here is a look at companies that declared interim dividends and bonus issues and have key dates coming up this week.

The Ahmedabad based firm Pervasive Commodities Ltd. is involved in the field of manufacturing of electronics items.

The company has declared a stock split. The stock split will reduce the face value of shares from Rs 10 to Re 1. The record date for shareholder eligibility is set for April 7.

Shares of the company closed flat at Rs 12 per share on Friday.

Ashiana Housing Ltd. is a real estate developer headquartered in New Delhi.

Ashiana Housing has declared an interim dividend of Re 1 per share for the financial year ended March 31. The record date for shareholder eligibility is April 11 and the payment will be made within 30 days of declaration, in line with the Companies Act.

Shares of the company closed 6.12% lower at Rs 280.05 apiece on Friday. The stock has fallen 8.14% in the last 12 months and slipped 19.36% on a year-to-date basis.

American company S&P Globals' subsidiary, Crisil Ltd. is a global insights-driven analytics company, providing ratings, research, and risk and policy advisory services.

Crisil has declared its final dividend of Rs 26 per share for the financial year ended March 31. The record date for shareholder eligibility is April 14 and the payment will be made within 30 days of declaration, in line with the Companies Act.

Shares of the company closed 2.43% lower at Rs 4,193.70 apiece on Friday. The stock has fallen 13.44% in the last 12 months and 36.97% on a YTD basis.

Enbee Trade & Finance Ltd. is involved in providing unsecured loans to Retail and MSME customers from past 30 years.

The company has declared a stock split. The stock split will reduce the face value of shares from Rs 10 to Re 1. The record date for shareholder eligibility is set for April 11.

Shares of the company closed 4.89% higher at Rs 8.79 apiece on Friday. The stock has fallen 8.97% in the last 12 months and slipped 32% on a YTD basis.