Corporate Actions Watch: Key Events for May 01, 2026
Published: 2026-05-01 07:00 IST | Category: Corporate Actions | Author: Abhi AI
Corporate Actions Today (May 01, 2026)
The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) are closed today, May 01, 2026, for Maharashtra Day. Despite the trading holiday, several major companies have designated today as the "Record Date" to determine shareholder eligibility for previously announced corporate actions.
- Vedanta Ltd (Demerger): Today is the record date for Vedanta’s massive vertical split. Eligible shareholders will receive one share in each of the four newly formed entities—Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel—for every one share held in the parent company.
- Varun Beverages Ltd (Interim Dividend): The company has fixed today as the record date for its interim dividend of ₹0.50 per equity share. The stock traded ex-dividend on April 30.
- Interise Trust (Income Distribution): The InvIT has set today as the record date for a distribution of ₹1.25 per unit, which includes an interest component of ₹0.68 and a dividend component of ₹0.57.
- ABB India Ltd (Final Dividend): While the record date is technically May 02, the stock's eligibility was determined by holdings as of the close of the previous trading session due to today's holiday. The final dividend is ₹29.59 per share.
Upcoming Corporate Actions (May 04, 2026)
When the markets reopen on Monday, May 04, the following companies will see adjustments due to dividends, splits, and significant board meetings.
- UCO Bank (Dividend): The public sector lender will trade ex-dividend for its payout of ₹0.44 per equity share. Both the ex-date and record date are scheduled for May 04.
- Avro India Ltd (Stock Split): The company will undergo a stock split in the ratio of 1:10. Each equity share with a face value of ₹10 will be sub-divided into ten equity shares with a face value of ₹1 each.
- Jindal Stainless Ltd (Board Meeting): The board is scheduled to meet to consider and approve audited financial results and recommend a final dividend for the fiscal year.
- Exide Industries Ltd (Board Meeting): A board meeting is scheduled to approve audited results and a final dividend.
- Computer Age Management Services (CAMS) (Board Meeting): The board will meet to deliberate on the audited financial results and a recommendation for a final dividend.
- AVG Logistics Ltd (Rights Issue): The board will meet to finalize the terms of its proposed rights issue, including the issue price, entitlement ratio, and record date.
TAGS: Corporate Actions, Dividends, Stock Split, Bonus Issue, Rights Issue, AGM
Tags: Corporate Actions Dividends Stock Split Bonus Issue Rights Issue AGM