Upcoming dividend, stock split, bonus share, right issue next week: Shares of Vedanta Limited, Tata Consultancy Limited (TCS), Ola Electric Mobility, Anand Rathi Wealth Limited, Bansal Wire Industries Limited, etc, will remain in focus next week due to their upcoming record dates for different corporate actions.
Nifty and Sensex staged sharp recovery on Friday, October 9, and saved the Indian stock market from ending in red for the ninth consecutive week. On Friday, Nifty 50 ended 1.30% higher at 22,520 points.
BSE Sensex closed 879 points higher. As investors prepare for the upcoming week’s trading session, here are all the details about corporate actions with record dates between October 12 and October 17.
TCS, Vedanta Limited, Anand Rathi Wealth, and Canara Robecco Asset Management Company have fixed record date to determine the eligibility of shareholders for dividend payout. While TCS and Vedanta have fixed October 14 as the record date for dividend eligibility, Anand Rathi Wealth has fixed October 15 as the record date.
Investors must own Canara Robeco Asset Management Company Ltd stock before record date of October 16 to qualify for dividend payout.