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12 stocks with record dates for dividends, bonuses, splits, rights issue next week. Do you own?
KPI Green Energy and RedTape and several other companies are set to draw attention in the upcoming week as their record dates for corporate actions like dividends, bonus shares, right issue and stock splits approach.The record date is key for identifying shareholders eligible for these benefits. Investors must ensure their shares are in their demat account by this date to qualify for the announced corporate actions.To be eligible, shareholders need to buy the stock at least one day before the ex-date, as settlements follow a T+1 cycle. Buying shares on the ex-date does not qualify investors for dividends, bonuses, or splits.With the T+1 settlement system, the record date and ex-date often align, simplifying tracking for investors. However, this can differ if a market holiday falls after the ex-date.Here are the stocks with record dates for various actions next week, according to the StockEdge data:Monday, December 30Bonus issueBanco Products (India) declared a 1:1 bonus issue.Tuesday, December 31Rights issueHarshil Agrotech announced a rights issue of 2 shares for every 5 shares held at Rs. 2.43 per share.Pro Fin Capital Services announced a rights issue of 1 share for every 2 shares held at Rs. 4.5 per share.Sharanam Infraproject and Trading announced a rights issue of 4 shares for every 5 shares held at Rs. 1 per share.Also read: Tech View: Nifty forms Doji candle but crosses 200-DMA? What traders should do on MondayWednesday, January 1Bonus issueSurya Roshni announced a 1:1 bonus share issue, fixing January 1 as the record date.Thursday, January 2Stock splitGetalong Enterprise announced a stock split from a face value of Rs 10 per share to Re 1 per share.Friday, January 3DividendRedtape announced an interim dividend of Rs 2 per share.Bonus issueCeenik Exports (India) announced a 1:5 bonus share issue.Enser Communications announced a 1:1 bonus share issue.Garware Technical Fibres announced a 4:1 bonus share issue.KPI Green Energy announced a 1:2 bonus share issue.Stock splitBanganga Paper Industries announced a stock split from a face value of Rs 10 per share to Re 1 per share.(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
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