Investors should prepare for a busy week as several prominent companies, including Vedanta Ltd and Tata Consultancy Services Ltd (TCS), are scheduled for significant corporate actions. These events range from interim dividends and rights issues to stock splits and share consolidations, impacting shareholders and market dynamics.
Key Ex-Dividend Dates: Vedanta and TCS
Vedanta Ltd is set to turn ex-dividend on Wednesday, October 14, following the approval of its first interim dividend of Rs 5 per equity share for the financial year 2027. This payout is estimated to be approximately Rs 1,955 crore. The company has designated October 14 as the record date for identifying eligible shareholders.
Similarly, Tata Consultancy Services (TCS) will also go ex-dividend on October 14. This date has been fixed as the record date for its second interim dividend, pending an official declaration. TCS has a history of consistently increasing its interim dividends, having paid Rs 12 per share in July 2026, and three interim dividends of Rs 11 each in FY26. In previous years, interim dividends were Rs 10 (FY25), Rs 9 (FY24), and Rs 8 (FY23) per share.
Ola Electric Mobility's Rights Issue
Ola Electric Mobility Ltd will see its rights issue record date on Tuesday, October 13. The company proposes to issue 37,02,72,665 partly paid-up equity shares, each with a face value of Rs 10, at an issue price of Rs 27 per share. This substantial issue aims to raise approximately Rs 999.73 crore. The issue price offers a 26% discount compared to the stock's market price of Rs 36.32.
Other Notable Corporate Actions
Monday, October 12
- JOJO Ltd will turn ex-date for its 1:1 bonus issue, meaning eligible shareholders will receive one additional share for every share they currently hold.
Tuesday, October 13
- AvenuesAI Ltd is scheduled for a share consolidation, though the specific consolidation ratio has not been disclosed.
Thursday, October 15
- Anand Rathi Wealth Ltd will turn ex-dividend for an interim dividend, with the amount yet to be specified.
- Samor Reality Ltd will undergo a stock split, changing the face value of each share from Rs 10 to Rs 2.
- Shivam Autotech Ltd and Shraddha Prime Projects Ltd will both have their rights issue record dates.
Friday, October 16
- Bansal Wire Industries Ltd will implement a stock split, adjusting the face value of its shares from Rs 5 to Re 1.
- Noble Polymers Ltd is slated for a share consolidation, with the ratio details currently unconfirmed.
Investors are advised to consult with a qualified financial advisor before making any investment decisions based on these corporate announcements.