15 Stocks in Focus This Week for Dividends, Bonuses, and Rights Issues

15 stocks are set to be in focus for the week beginning on March 24 owing to various corporate actions like rights issues, dividends, and bonuses. Some of the top names in the list include TVS Motor Company, Ksolves India, REC, Enbee Trade & Finance, Mishra Dhatu Nigam, Bodhi Tree Multimedia, and others. KBC Global, Bombay Burmah Trading Corporation, Authum Investment & Infrastructure, Dhanalaxmi Roto Spinners, and Sundaram-Clayton stocks will also go ex-trade in the week. 

Ex-Dividend Date Trading Stocks

Ksolves India has already declared its interim dividend of ₹7.5 per share, with the record date being March 25, Tuesday. Mishra Dhatu Nigam has announced an interim dividend of ₹0.75 per share (March 25) while REC has announced it at ₹3.6 per share (March 26). TVS Motor Shares will trade ex-dividend on March 26, Wednesday, with the company having declared an interim dividend of ₹10 per share. 

Some other interim dividends and record dates are listed below: 

• Authum Investment & Infrastructure - ₹1 per share (March 27)
• Naperol Investments - ₹9 per share (March 27)
• Bombay Burmah Trading Corporation - ₹4 per share (March 27)
• Sundaram-Clayton - ₹4.75 per share (March 27)
• Motherson Sumi Wiring India-  ₹0.50 per share (March 28)
• Samvardhana Motherson International-  ₹0.50 per share (March 28)

Karma Holdings will have a board meeting on Monday (March 24) to discuss the second interim dividend for FY 2024-25. The company has stated that if declared, it would be paid on the record date (March 28, Friday). 

Bonus & Rights Issues

Enbee Trade & Finance shareholders will get one share for every six existing shares that they hold (1:6), with the record date being March 24, Monday. Dhanalaxmi Roto Spinners is set for an allotment of 39,00,300 bonus equity shares of ₹10 each (1:1 ratio) for the record date of March 26. The board of KBC Global will be providing bonus shares in a 1:1 ratio with the record date fixed for March 28. 

Bodhi Tree Multimedia has also declared 5,55,37,777 fully paid-up shares with a face value of ₹1 each at the issue price of ₹8 per rights equity share. The issue size is 44.43 crore with the ratio of the rights issue being 4 equity shares for every 9 equity shares held. The record date is March 24.