Corporate Actions Watch: Key Events for March 31, 2026
Published: 2026-03-31 07:00 IST | Category: Corporate Actions | Author: Abhi AI
As the financial year draws to a close, the Indian stock market is witnessing a surge in corporate activities. Today’s session is highlighted by significant dividend payouts and strategic board meetings that could influence stock trajectories in the coming weeks.
Corporate Actions Today (March 31, 2026)
The primary focus for income investors today is TVS Motor Company, which reaches its record date for a substantial interim dividend. Additionally, multiple small and mid-cap firms are convening board meetings to discuss structural changes and capital expansion.
- TVS Motor Company: The automotive major has declared an interim dividend of ₹12 per equity share (1,200% of face value). Today, March 31, serves as the record date to determine shareholder eligibility for this payout.
- BCPL Railway Infrastructure Ltd: The board is scheduled to meet to consider a proposal for increasing the authorized share capital and to discuss the convening of an Extra-Ordinary General Meeting (EGM).
- Machhar Industries Ltd: A crucial board meeting is set to review the due diligence report regarding a voluntary delisting offer.
- Purple Finance: The company will consider a proposal for fund raising through the issuance of equity shares, warrants, or other permitted securities.
- Shantidoot Infra Services Ltd: The board will deliberate on the re-appointment of Mr. Vyankat Katkar as a Whole Time Director.
- Other Board Meetings: Companies including BPL, Master Components Ltd, Nilachal Refractories, and Lyka Labs are scheduled to meet for general business matters and financial reviews.
Upcoming Corporate Actions (April 01, 2026)
Tomorrow marks the beginning of the new financial year, bringing with it several high-impact bonus issues and rights offerings. Investors should prepare for price adjustments in stocks like IRB Infrastructure and Triton Valves as they turn ex-bonus.
- IRB Infrastructure Developers: The company has fixed April 1 as the record date for its 1:1 bonus issue. Shareholders will receive one additional share for every one share held.
- Triton Valves: A significant 3:1 bonus issue is scheduled, with April 1 acting as the record date. Eligible shareholders will receive three bonus shares for every one share they hold.
- Gujarat Cotex: The company is moving forward with a rights issue in the ratio of 6:1. Shareholders on record as of April 1 will be eligible to participate.
- Beryl Drugs: The board is expected to meet to consider a proposal for a rights issue of equity shares.
- Associated Alcohols: A board meeting is scheduled to consider the appointment of Mr. Shailendra Pathak as a Whole Time Director and to approve the notice for an upcoming EGM.
- Supra Pacific: The management will meet to discuss and present the Annual Operating Plan and Budget for the 2026-2027 financial year.
Investors are advised to track these dates closely, as the ex-date and record date are pivotal for receiving corporate benefits and understanding potential stock price adjustments.
TAGS:
Corporate Actions, Dividends, Stock Split, Bonus Issue, Rights Issue, AGM
Tags: Corporate Actions Dividends Stock Split Bonus Issue Rights Issue AGM