Stocks turning ex date today, April 17: The latest corporate actions today include buyback of shares, interim dividend, rights issue, stock split, spin-off (demerger), and resolution plan announcements. These company announcements can impact share prices, liquidity, and shareholder value in the Indian stock market.
Announces Share Buyback
The company has announced a buyback of shares with both the ex-date and record date set as 17 April 2026. This means eligible shareholders on this date can participate in the buyback offer.
Faces Suspension Under Resolution Plan
The company is undergoing a resolution plan with suspension, effective from 17 April 2026. Both ex-date and record date fall on the same day, indicating a key corporate action milestone.
Declares Rs 30 Interim Dividend
The company has declared an interim dividend of Rs 30 per share with 17 April 2026 as the ex-date and record date. Shareholders holding shares on this date will be eligible to receive the dividend.
Announces Rights Issue
The company has announced a rights issue of equity shares, with the key date being 17 April 2026.
Eligible shareholders on the record date can subscribe to additional shares.
Approves 10:1 Stock Split
The company is executing a stock split from Rs 10 face value to Rs 1, effective 17 April 2026. This will increase the number of shares held by investors while reducing the face value per share.
The company has announced a spin-off, with 17 April 2026 as both the ex-date and record date. Eligible shareholders will receive shares in the newly formed entity after the demerger.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
