Corporate Action This Week: Larsen & Toubro, ITC Hotels, Havells India, And More

Dividend, Stock Split, Bonus Issues This Week: The coming week brings a slew of corporate actions, with record dates lined up for companies that have declared dividends and bonus issues. Investors eyeing dividend payouts or stock-split benefits must keep a close watch on the dates to ensure eligibility.

To be eligible for dividends and bonus issues, investors should note the record date that determines the shareholder eligibility. Under India's T+1 settlement cycle, shares purchased on the record date itself will not qualify for the payment.

The ex-date, which precedes the record date, is when the share price adjusts to reflect the upcoming payout. Here's a look at the companies that declared corporate actions and have key dates coming up this week.

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Corporate Actions: Dividend, Stock Splits, Bonus Issues, Buybacks This Week:

Key names in focus this week include infra and manufacturing giant Larsen & Toubro, which will trade ex-dividend on May 22. IT Hotels will also trade ex-date on May 21, while Havells India declared a final dividend of Rs 6 per share and will trade ex-date on May 22. CMS Info Systems and Welspun Living will declare buybacks on May 22, 2026.

The record date determines the eligible shareholders who will receive the dividend payment, bonus shares, or stock split. The ex-date, which mostly coincides with the record date, marks when the share price adjusts to reflect the corporate action. Dividend payouts are a way for companies to reward their shareholders.

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