As the final week of February progresses, several listed companies are rewarding shareholders through dividends while others are tapping the markets for capital via rights issues. Investors should track these ex-dates and record dates closely, as they typically result in price adjustments for the underlying stocks.

Corporate Actions Today (February 24, 2026)

Today is a critical day for investors in the financial services and industrial sectors, with one major dividend payout and multiple rights issues reaching their record dates.

Dividends

• AK Capital Services Ltd: The company has fixed today as the record date for an interim dividend of ₹22.00 per equity share. This represents one of the most substantial payouts in the current week.

Rights Issues

• Hilton Metal Forging Ltd: The company is offering rights in a ratio of 29:60 at a premium of ₹6.68 per share.
• Padam Cotton Yarns Ltd: Shareholders are eligible for a rights issue in the ratio of 7:10.
• Steelco Gujarat Ltd: The company is proceeding with its rights issue in a 3:1 ratio.

Key Board Meetings & EGMs

• Board Meetings: Several companies are meeting today to discuss financial results and potential dividends, most notably Schaeffler India Ltd and DIC India Ltd (both for final dividends), and Foce India Ltd (to consider a bonus issue).
• Extraordinary General Meetings (EGMs): Shareholders of Cupid Ltd, Avon Mercantile, Starlineps Enterprises, and P.E. Analytics are scheduled to meet today to vote on various corporate restructuring and business proposals.

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Upcoming Corporate Actions (February 25, 2026)

Tomorrow will see a shift in focus toward stock splits and PSU dividends, providing further opportunities for portfolio adjustments.

Dividends

• NBCC (India) Ltd: The Navratna CPSE will trade ex-dividend tomorrow for its interim dividend of ₹0.12 per share.

Stock Splits

• Fynx Capital Ltd: The company is executing a 1:10 stock split tomorrow. The face value of its equity shares will be subdivided from ₹10 to ₹1 each to enhance liquidity and retail participation.

Rights Issues

• Bhandari Hosiery Exports Ltd: The record date for its rights issue (ratio of 4:5 at a premium of ₹1.56) is set for tomorrow.

Board Meetings to Watch

• Sanofi India Ltd: The board is scheduled to meet to discuss quarterly results and a potential interim dividend.
• KSB Ltd & Foseco India Ltd: Both companies will hold board meetings to approve audited results and recommend final dividends for the fiscal year.
• Vedanta Ltd: The mining major has a board meeting scheduled for general corporate purposes.

EGMs

• Mac Charles (India), Bijoy Hans, and Vaishno Cement have scheduled Extraordinary General Meetings for tomorrow.

Investors are advised that for T+1 settlement stocks, shares must be purchased at least one trading day prior to the record date to be eligible for these corporate benefits.

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

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

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