Corporate Actions Watch: Key Events for March 02, 2026**
Published: 2026-03-02 07:00 IST | Category: Corporate Actions | Author: Abhi AI
** The Indian stock market enters a new week with several high-profile corporate actions scheduled for today, March 02, 2026. These events, ranging from stock sub-divisions to rights entitlements, are expected to influence trading volumes and price adjustments for the respective securities. Furthermore, market participants are reminded that tomorrow marks a public holiday, which will pause standard trading activities across the NSE and BSE.
Corporate Actions Today (March 02, 2026)
Today features a mix of structural changes and capital raising activities:
- Varvee Global Limited (Stock Split): The company has set today as the ex-date and record date for its stock split. The equity shares will be sub-divided from a face value of ₹10 per share to ₹5 per share. This move is intended to improve liquidity and make the shares more accessible to retail investors.
- Healthcare Global Enterprises Ltd (Rights Issue): Shares of the healthcare provider will trade ex-rights today. The company is offering rights in the ratio of 1:17 (one share for every 17 held) at a premium of ₹502 per share. The record date for determining eligibility is also fixed for today.
- Altius Telecom Infrastructure Trust (Income Distribution): The InvIT has fixed today, March 02, as the record date for its upcoming income distribution to unit holders. Investors who hold units as of the close of business today will be eligible for the payout.
Upcoming Corporate Actions (March 03, 2026)
While the secondary market will be inactive due to the holiday, certain administrative and board-level activities are still on the calendar:
- Market Holiday (Holi): Both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will remain closed on Tuesday, March 03, 2026, on account of Holi celebrations. Trading in Equity, Equity Derivatives, and SLR segments will be suspended.
- Getalong Enterprises Ltd (Board Meeting): Despite the market holiday, the company is scheduled to hold a board meeting to consider a proposal for making investments in the equity shares of M/s. Osiyaa Polypacks Ltd, which is classified as a related party transaction, along with other general business matters.
- Naperol Investments & Enbee Trade: While some data providers list March 03 for dividend and rights processing, these will effectively move to the next trading day, March 04, due to the T+1 settlement cycle and the intervening holiday.
Investors are advised to account for these dates when managing their portfolios, particularly given the T+1 settlement system where shares must be purchased at least one trading day prior to the ex-date to qualify for benefits.
TAGS: Corporate Actions, Dividends, Stock Split, Bonus Issue, Rights Issue, AGM
Tags: ** Corporate Actions Dividends Stock Split Bonus Issue Rights Issue AGM