Corporate Actions Watch: Key Events for May 07, 2026

Indian markets are witnessing a wave of corporate developments this week as several companies reward shareholders through dividends, bonuses, and rights issues. Today, May 07, 2026, is particularly significant for technology and infrastructure investors, while tomorrow promises a broader distribution of capital across the banking and industrial sectors.

Corporate Actions Today (May 07, 2026)

Today marks the ex-date for one of the largest interim dividends in recent months, alongside critical capital-raising activities.

• Oracle Financial Services Software Ltd (OFSS): The company has set today as the ex-date for its second interim dividend of ₹270 per equity share. This substantial payout follows the company's robust Q4 performance and consistent history of high dividend yields.
• EFC (I) Limited: The company is executing a rights issue in the ratio of 8:103. The issue is priced at a premium of ₹148 per share, with today being the ex-date to determine eligibility.
• Vesuvius India Ltd: The company is scheduled to hold its Annual General Meeting (AGM) today to discuss fiscal performance and future growth strategies.
• Stovec Industries Ltd: Shareholders will meet today for the company's AGM, where audited results and potential future payouts are expected to be on the agenda.
• Gretex Corporate Services: The Board of Directors is meeting today to consider and approve audited financial results and a potential final dividend. The board will also deliberate on fund-raising proposals via rights or preferential issues.

Upcoming Corporate Actions (May 08, 2026)

Tomorrow, May 08, 2026, will see a high volume of activity, particularly in the bonus issue and dividend segments.

• Alka India Ltd: The company will trade ex-bonus tomorrow for its 6:1 bonus issue. Eligible shareholders will receive six additional shares for every one share held.
• Central Bank of India: The public sector lender has fixed tomorrow as the ex-date for an interim dividend of ₹0.60 per share.
• KSB Ltd: Investors will track this stock as it turns ex-dividend for a final dividend of ₹4.40 per share.
• National Aluminium Company Ltd (NALCO): An interim dividend of ₹2.00 per share will go ex-dividend tomorrow.
• Sundram Fasteners Ltd: The company will trade ex-dividend for an interim payout of ₹4.25 per share.
• Quess Corp Ltd: A special dividend of ₹3.00 per share is scheduled for its ex-date tomorrow.
• Somany Ceramics Ltd: Shareholders are eligible for an interim dividend of ₹4.00 per share, with the ex-date set for tomorrow.
• Other Notable Dividends: Ramkrishna Forgings (₹1.00), Laurus Labs (₹1.20), Omax Autos (₹2.50), and Premier Energies (₹0.75) all have their ex-dates scheduled for May 08.
• State Bank of India (SBI): A crucial board meeting is scheduled for tomorrow to approve Q4 and full-year FY26 financial results and to consider the declaration of a dividend.
• Vedant Fashions Ltd (Manyavar): The board will meet tomorrow to approve audited results and recommend a final dividend for the financial year.
• Huhtamaki India Ltd: The company is scheduled to conduct its Annual General Meeting tomorrow.

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

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