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Corporate actions this week: HUL, Tata Steel to go ex-dividend, Indiamart Intermesh ex-bonus and more


There are a host of corporate actions scheduled for this week. HUL, Tata Steel, Tata Elxsi, and Raymond will trade ex-dividend, while Indiamart Intermesh and Blue Star will trade ex-bonus this week.

The ex-dividend date is when the price of the equity shares of a company gets adjusted for the dividend payout. It is one or two working days before the record date. All the shareholders whose names appear in the company’s list by the end of the record date will be eligible to receive dividends.

Automobile Corporation (Rs 15/share), Craftsman Automation (Rs 11.25/share), Futuristic Solutions (Re 1/share), and Hindustan Unilever (Rs 22/share) will trade ex-dividend on 19th June. Whereas, Bank of India (Rs 2/share), Ceat (Rs 12/share), Cera Sanitaryware (Rs 50/share), Meghmani Finechem (Rs 3.9/share), Newgen Software (Rs 5/share) and Sagar Cements (Rs 0.7/share) will trade ex-dividend on 20th June.

On Wednesday, June 21, 2023, Oberoi Realty (Rs 4/share), Panasonic Carbon India (Rs 12/share), Polycab (Rs 20/share) Shree Digvijay Cement (Rs 2.5/share), Supreme Industries (Rs 20/share) and Vimta Labs (Rs 2/share) will trade ex-dividend. Meanwhile, eMudhra (Rs 1.25), Rainbow Children’s Medicare (Rs 3), Solitaire Machine Tools (Rs 1.5), Tata Elxsi (Rs 60.6), Tata Steel (Rs 3.6), and VTM (Rs 0.7) will trade ex-dividend on June 22, 2023.

Also, Dalmia Bharat (Rs 5), Raymond (Rs 3), Punjab National Bank (Rs 0.65), Torrent Pharma (Rs 8), Dutron Polymers (Rs 1.4), GHCL (Rs 17.5), Medico Intercontinental (Rs 0.1), Plastiblends (Rs 4), SKP Securities (Rs 1), BN Rathi Securities (Rs 1.5), Dhampur Bio Organics (Rs 3.5), Sky Industries (Rs 1) will trade ex-dividend on June 23, 2023.

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Ashirwad Capital (1:2) on Monday, Blue Star (1:1) on Tuesday, Gulshan Polyols (1:5), and Indiamart Intermesh (1:1) on Wednesday, Leading Leasing Finance and Investment Company on Thursday will trade ex-bonus.

Shares of AKI India will ex-split from Rs 10 to Rs 2 on Thursday, June 22, while shares of Vintage Coffee & Beverages’ ex-date for the right issue is fixed on Monday, June 19.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)



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