Corporate Actions Watch: Key Events for April 28, 2026

As the final week of April 2026 unfolds, the Indian corporate landscape is buzzing with activity. Market participants are bracing for a series of board meetings that will not only unveil fourth-quarter results but also determine final dividend payouts for the financial year 2025-26. Additionally, structural changes and capital-raising activities through rights issues are taking center stage.

Corporate Actions Today (April 28, 2026)

Today marks a significant day for capital restructuring and earnings previews. Key events include:

• Indrayani Biotech Ltd (Rights Issue): The company has set today, April 28, as the record date for its rights issue of equity shares. Shareholders appearing in the books today will be eligible to participate in the fund-raising exercise.
• REC Limited (Board Meeting): The Maharatna PSU is scheduled to meet today to approve its audited financial results for Q4 and the full year ended March 31, 2026. Crucially, the board will also consider recommending a final dividend for FY26.
• Garden Reach Shipbuilders & Engineers (Board Meeting): Following a reschedule from yesterday, the defense shipbuilder's board will meet today to deliberate on financial results and a potential final dividend recommendation.
• Bandhan Bank (Board Meeting): The private lender is expected to announce its quarterly and annual financial performance today.
• Vedanta Limited (Demerger Countdown): While the ex-date is April 30, today is the penultimate day for investors to purchase shares to ensure eligibility for the demerger into five separate listed entities under the T+1 settlement cycle.

Upcoming Corporate Actions (April 29, 2026)

Tomorrow continues the momentum with a heavy schedule of board meetings from large-cap and mid-cap players, alongside further rights issue milestones.

• Innovassynth Technologies (India) Ltd (Rights Issue): The company has fixed April 29 as the record date for its rights issue.
• Shakti Press Ltd (Rights Issue): Similar to Innovassynth, Shakti Press will observe its record date for a rights issue tomorrow.
• Waaree Energies Limited (Board Meeting): The renewable energy major will meet to approve its FY26 audited results and consider a final dividend recommendation.
• BCC Fuba India Limited (Board Meeting): The board is set to address changes to its rights issue objects and fix the record date for the first and final call on partly paid-up equity shares.
• Major Earnings Board Meetings: A slew of industry leaders are scheduled to report their results tomorrow, including:
  • Bajaj Finance: Quarterly results and dividend consideration.
  • Federal Bank: Audited financial performance.
  • Mphasis: Q4 earnings review.
  • Navin Fluorine International: Board meeting for results and dividend.
  • NDTV & KFIN Technologies: Annual financial results.
• Vedanta Limited (Cum-Date): April 29 is the final "cum-date" for the Vedanta demerger. Investors must hold the stock by the end of today's session to be eligible for shares in the demerged units (Aluminium, Power, Oil & Gas, and Iron & Steel). All existing F&O contracts for Vedanta will also expire at the end of the day.

TAGS: Corporate Actions, Dividends, Stock Split, Bonus Issue, Rights Issue, AGM

Tags: Corporate Actions Dividends Stock Split Bonus Issue Rights Issue AGM