As the new financial year 2024-25 (FY25) commences on Monday, April 1, several companies, including Ashok Leyland, Varun Beverages, and TVS Holdings, are set to trade ex-dividend in the coming week, alongside other corporate actions such as stock splits, rights issues, and buybacks, as per data from the BSE.
Dividend Stocks Trading Ex-Dividend:
Tuesday, April 2, 2024:
- Bharat Dynamics Ltd: Interim dividend of ₹8.85.
- GPT Healthcare Ltd: Interim dividend of ₹1.
- TVS Holdings Ltd: Interim dividend of ₹94.
Wednesday, April 3, 2024:
- Ashok Leyland: Interim dividend of ₹4.95.
Thursday, April 4, 2024:
- Sundaram-Clayton Ltd: Interim dividend of ₹5.15.
- Varun Beverages Ltd: Final dividend of ₹1.25.
Friday, April 5, 2024:
- Esab India Ltd: Interim dividend of ₹24.
- Visco Trade Associates Ltd: Interim dividend of ₹1.
Stock Splits:
Wednesday, April 3, 2024:
- Sunrise Efficient Marketing Ltd: Bonus issue in the ratio 1:2.
Thursday, April 4, 2024:
- Cupid Ltd: Bonus issue in the ratio 1:1.
Friday, April 5, 2024:
- Cupid Ltd: Stock split from ₹10 to ₹1.
- Bodhi Tree Multimedia Ltd: Stock split from ₹10 to ₹1.
Other Corporate Actions:
- Freshtop Fruits Ltd: Buyback of Shares on April 2.
- Iykot Hitech Toolroom Ltd: Right Issue of Equity Shares on April 3.
- Shiva Cement Ltd: Right Issue of Equity Shares on April 3.
- Savani Financials Ltd: Right Issue of Equity Shares on April 4.
- AA Plus Tradelink Ltd: Right Issue of Equity Shares on April 4.
These actions mark significant events in the Indian stock market as companies navigate the start of the new fiscal year, aiming to enhance shareholder value and strategic positioning.
