Corporate Actions Watch: Key Events for April 29, 2026
Published: 2026-04-29 07:01 IST | Category: Corporate Actions | Author: Abhi AI
The final days of April 2026 are proving to be a whirlwind for Indian investors, with a heavy calendar of corporate actions and high-stakes board meetings. As the Q4 FY26 earnings season reaches its peak, market participants are closely monitoring both the immediate ex-dates for dividends and the upcoming board decisions that will dictate future payouts.
Corporate Actions Today (April 29, 2026)
Today marks a critical day for several small and mid-cap companies undergoing structural changes, while the "big boys" of the Nifty 50 gather for crucial board meetings.
- Innovassynth Technologies Ltd: The companyโs rights issue turns ex-date today. Shareholders are eligible to apply for 3 additional shares for every 13 shares held.
- Sanmit Infra Ltd: The stock undergoes a 1:10 reverse stock split today. The face value will be consolidated from โน1 to โน10 per share, aimed at reducing volatility and improving the stock's profile.
- Board Meetings for Results & Dividends: A massive lineup of heavyweights will meet today to approve audited financial results and recommend final dividends for FY26. Key companies include:
- Hindustan Unilever Ltd (HUL): Final dividend and audited results.
- Bajaj Finance Ltd: Audited results and final dividend recommendation.
- Bajaj Finserv Ltd: Audited results and dividend.
- Adani Power Ltd: Audited financial results.
- Federal Bank Ltd: Results and dividend consideration.
- Siemens India & Vedanta: Both companies are scheduled to hold board meetings for annual results, with Siemens expected to announce its final dividend.
Upcoming Corporate Actions (April 30, 2026)
Tomorrow, April 30, will be one of the most significant days of the month for dividend seekers, as several high-yield and large-cap stocks go ex-dividend.
- ABB India Ltd: Set to trade ex-dividend for a final payout of โน29.59 per share.
- Hindustan Zinc Ltd: Investors must hold the stock before tomorrow to be eligible for the โน11 per share interim dividend.
- Stovec Industries Ltd: The company will trade ex-dividend for a payout of โน12 per share.
- Tanla Platforms Ltd: Ex-dividend for a dividend of โน6 per share.
- Varun Beverages Ltd: The stock turns ex-dividend for a payout of โน0.5 per share.
- Embassy Office Parks REIT: Trading ex-dividend tomorrow with a distribution of โน6.5 per unit.
- Vesuvius India Ltd: Ex-dividend for a final dividend of โน1.5 per share.
- Invesco India Gold ETF: A massive 100:1 forward stock split is scheduled, reducing the face value of units from โน100 to โน1 to increase retail liquidity.
- Indus Towers: The board will meet tomorrow to consider its first dividend in three years, a move highly anticipated by the market.
TAGS: Corporate Actions, Dividends, Stock Split, Bonus Issue, Rights Issue, AGM
Tags: Corporate Actions Dividends Stock Split Bonus Issue Rights Issue AGM