Corporate Actions Watch: Key Events for May 29, 2026

The Indian equity market is set for a flurry of activity today, May 29, 2026, as investors react to a high volume of corporate actions ranging from high-value dividends to equity base expansions. The momentum is expected to carry into the next week with further payouts scheduled for June 01.

Corporate Actions Today (May 29, 2026)

Today is a critical "Ex-Date" for several prominent stocks. Investors must have held these shares prior to today to be eligible for the following benefits:

Bonus Issue

• Life Insurance Corporation of India (LIC): The state-run insurer is trading ex-bonus today for its 1:1 bonus issue. Eligible shareholders will receive one new fully paid-up equity share for every one share held.

Dividends

• Bajaj Auto Ltd: The two-wheeler giant is trading ex-dividend for a substantial final dividend of ₹150 per equity share.
• Glaxosmithkline Pharmaceuticals Ltd: Trading ex-dividend for a payout of ₹57 per share.
• ICICI Lombard General Insurance: Trading ex-dividend for a final dividend of ₹7 per share.
• Torrent Pharmaceuticals Ltd: Investors will see an ex-dividend adjustment for ₹9 per share.
• JB Chemicals & Pharmaceuticals Ltd: Trading ex-dividend for ₹9.3 per share.
• Bank of India: Ex-dividend for a payout of ₹4.65 per share.
• Eris Lifesciences Ltd: Trading ex-dividend for an interim dividend of ₹7.21 per share.
• Home First Finance Company: Ex-dividend for ₹5.2 per share.
• S Chand & Company Ltd: Trading ex-dividend for ₹4 per share.
• Caplin Point Laboratories Ltd: Ex-dividend for ₹4 per share.
• Uno Minda Ltd: Trading ex-dividend for ₹1.75 per share.
• Advani Hotels & Resorts (India) Ltd: Ex-dividend for ₹0.8 per share.
• BCPL Railway Infrastructure Ltd: Ex-dividend for ₹1 per share.
• Roadstar Infra Investment Trust: Distribution of ₹5.3 per unit.

Stock Splits and Buybacks

• Le Merite Exports Ltd: The stock is undergoing a sub-division (split) from a face value of ₹10 to ₹2.
• Buybacks: Zydus Lifesciences, Dhanuka Agritech, and CyberTech Systems and Software are all scheduled for share buyback-related ex-dates today.

Upcoming Corporate Actions (June 01, 2026)

Looking ahead to Monday, the market will continue to process several key payouts and meetings:

• Colgate-Palmolive (India) Ltd: Scheduled to trade ex-dividend for an interim dividend of ₹24 per share.
• Tata Consumer Products: The FMCG major will turn ex-dividend for a payout of ₹10 per share.
• Epigral Ltd: Trading ex-dividend for a final dividend of ₹5 per share.
• LTI Mindtree: The company is scheduled to hold its Annual General Meeting (AGM) today, where a final dividend of ₹53 per share is up for shareholder approval.

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

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