Corporate Actions Watch: Key Events for March 03, 2026
Published: 2026-03-03 07:00 IST | Category: Corporate Actions | Author: Abhi AI
Corporate Actions Today (March 03, 2026)
The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) are closed today for the Holi festival. Consequently, no stocks are trading ex-date for dividends, splits, or bonuses. However, corporate boardrooms remain active with several key meetings scheduled to decide on future actions.
Board Meetings:
- Mangalore Refinery and Petrochemicals Limited (MRPL): The board is meeting today to consider and potentially declare an interim dividend for the financial year 2025-26.
- Fedbank Financial Services Limited (Fedfina): A board meeting is scheduled to approve the issuance of Non-Convertible Debentures (NCDs) on a private placement basis as part of its fund-raising strategy.
- Atlanta Electricals Limited: The board will meet to discuss general business matters and operational updates.
Upcoming Corporate Actions (March 04, 2026)
Market activity will pick up tomorrow as investors track several companies reaching their eligibility deadlines for corporate benefits.
Dividends and Rights Issues (Ex-Date/Record Date):
- Naperol Investments Ltd: The stock will trade ex-dividend for an interim dividend of ₹3.00 per share. Investors must have held the shares prior to this date to be eligible for the payout.
- Enbee Trade & Finance Ltd: The company has set March 04 as the record date for its rights issue. Eligible shareholders will have the opportunity to subscribe to additional shares at the specified ratio.
Meetings and Events:
- IDBI Bank: The bank has scheduled a Special/Extraordinary Shareholders Meeting (EGM) to be conducted via postal ballot. The meeting is expected to cover key corporate governance matters and potential capital restructuring.
- Steel Exchange India Limited: The board is slated to meet to consider various fund-raising proposals to bolster its balance sheet.
- Univastu India Limited: A board meeting is scheduled to approve a postal ballot notice for upcoming shareholder resolutions.
- JMJ Fintech Limited: The company will host a corporate event in Thrissur to unveil its new logo and launch "Money bro," a dedicated digital lending application, marking a significant step in its digital expansion.
Investors are advised to note that under the current T+1 settlement cycle, the ex-date and record date for most of these actions coincide, meaning shares must be purchased at least one 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