Infosys, Adani, Tata stocks line up key corporate actions this week
A busy corporate action calendar will see 44 stocks including Infosys, Adani group companies and several Tata firms turn ex-date for dividends, bonuses and stock splits between 8 and 12 June, impacting eligibility for payouts. Investors must hold shares on the respective record dates this week to receive announced final dividends and participate in bonus and split adjustments.
Market overview: packed ex-date calendar
- 44 stocks scheduled for ex-dates between 8 and 12 June, as per exchange corporate action data.
- Corporate actions include final dividends, bonus share issues, stock splits and rights issues.
- Investors must own shares on the record date to qualify for dividends or other entitlements.
- List remains indicative, as more companies may still announce record dates for this window.
Key dividend actions and amounts
| Company | Dividend type | Amount per share (₹) | Scheduled ex-date window* |
|---|---|---|---|
| Infosys | Final dividend | 25.00 | 10 June |
| Indian Bank | Dividend | 18.25 | 10 June |
| Tata Elxsi | Dividend | 75.00 | 10 June |
| Tata Chemicals | Dividend | 11.00 | 10 June |
| Tata Investment Corporation | Dividend | 3.40 | 10 June |
| Sunshield Chemicals | Final dividend | 3.00 | 11 June |
| ACC | Final dividend | 7.50 | 12 June |
| Adani Enterprises | Final dividend | 1.30 | 12 June |
| Adani Ports and Special Economic Zone | Final dividend | 7.50 | 12 June |
| Adani Total Gas | Final dividend | 0.25 | 12 June |
| Ambuja Cements | Final dividend | 2.00 | 12 June |
| Tata Motors | Final dividend | 4.00 | 12 June |
| Tata Steel | Final dividend | 4.00 | 12 June |
| Trent | Final dividend | 6.00 | 12 June |
| Voltas | Final dividend | 4.00 | 12 June |
| Canara Bank | Dividend | 4.20 | 12 June |
| Punjab National Bank | Dividend | 3.00 | 12 June |
| ICICI Prudential AMC | Dividend | 12.40 | 12 June |
| Piramal Finance | Dividend | 11.00 | 12 June |
| Petronet LNG | Dividend | 3.00 | 12 June |
| Navin Fluorine | Dividend | 8.60 | 12 June |
| JM Financial | Dividend | 1.75 | 12 June |
| City Union Bank | Bonus issue | 1:3 bonus | 12 June |
*Note: specific ex-dates within the window are as stated where available; others are scheduled for 12 June.
- Infosys leads with a ₹25 per share final dividend turning ex-date on 10 June.
- Multiple Tata group companies, including Tata Steel, Tata Motors, Trent and Voltas, go ex-dividend on 12 June.
- Adani group names ACC, Adani Enterprises, Adani Ports, Adani Total Gas and Ambuja Cements also line up final dividends on 12 June.
- Financials in focus include Indian Bank, Canara Bank, PNB, ICICI Prudential AMC, Piramal Finance and City Union Bank.
Other corporate actions: bonuses, splits, rights
| Company | Action type | Ratio / Details | Scheduled ex-date window |
|---|---|---|---|
| Gautam Exim | Bonus issue | 3:1 bonus shares | 10 June |
| City Union Bank | Bonus issue | 1:3 bonus shares | 12 June |
| Mobavenue AI Tech | Stock split | Face value ₹10 to ₹2 | 12 June |
| Unified Data-Tech Solutions | Interim dividend | ₹5.50 per share | 8 June |
| Ravindra Energy | Rights issue | Equity shares rights | 8 June |
| Consecutive Commodities | Rights issue | Equity shares rights | 8 June |
- Gautam Exim to issue three bonus shares for every one held on its ex-bonus date.
- Mobavenue AI Tech to split equity shares from ₹10 face value to ₹2.
- City Union Bank combines a 1:3 bonus with its dividend record date on 12 June.
Day-wise snapshot for traders
- 8 June (Monday): Unified Data-Tech Solutions (interim dividend), Ravindra Energy and Consecutive Commodities (rights issues).
- 9 June (Tuesday): Inox India (final dividend ₹2), Nelco (final dividend ₹1).
- 10 June (Wednesday): Infosys, Indian Bank, Seshasayee Paper & Board, Tata Chemicals, Tata Investment Corporation, Tata Elxsi, Gautam Exim.
- 11 June (Thursday): Sunshield Chemicals turns ex-date for final dividend.
- 12 June (Friday): Bulk of actions, including five Adani group firms, four Tata group companies and several banks and industrials.
What investors should track
- Ex-dividend prices typically adjust by approximately the dividend amount on the ex-date.
- Holding shares before the ex-date is essential to receive dividends or bonus shares.
- High dividend amounts like Infosys ₹25 and Tata Elxsi ₹75 may influence short-term trading interest.
- Bonus issues and splits, such as Gautam Exim and Mobavenue AI Tech, alter share count and face value, not overall value.
FAQs
Q: How do I ensure I receive these dividends?
- Hold the stock in your demat account at market close on the day before the ex-date so your name appears on the record date.
Q: What happens to the share price on the ex-dividend date?
- On the ex-dividend date, the stock typically opens lower by roughly the dividend amount, reflecting the payout leaving the company.
Q: Do bonus issues and stock splits increase my investment value?
- They increase the number of shares or reduce face value, but the total market value of your holding usually remains broadly unchanged initially.
Frequently Asked Questions
How do I ensure I receive these dividends?
You must hold the stock in your demat account at market close on the day before its ex-dividend date so that you appear as a shareholder on the record date.
What typically happens to share prices on the ex-dividend date?
On the ex-dividend date, the share price usually adjusts downward by roughly the dividend amount, as the entitlement to the payout has shifted to existing shareholders.
Do bonus shares or stock splits change the value of my investment?
Bonus issues and stock splits increase the number of shares or reduce face value, but the overall market value of your holding generally stays similar immediately after the adjustment.
Disclaimer
The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Lemonn (Formerly known as NU Investors Technologies Pvt. Ltd) do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.
