Four companies are set to remain in focus during Wednesday's trading session as shares trade ex-date for their respective corporate actions. According to BSE data, ITC Hotels, GM Breweries, and Pearl Global Industries will trade ex-date on May 21, 2026, while AVG Logistics will also trade ex-date for its rights issue. Investors seeking to avail benefits of these corporate actions must hold shares before the ex-date, with companies determining eligible shareholders based on the record date fixed for respective announcements. As per market reports, investors must hold shares before May 21, 2026 to be eligible for these corporate actions across all four companies.
GM Breweries has announced the highest dividend payout, declaring a final dividend of ₹9 per share for its shareholders. The company has fixed May 21, 2026, as the record date to determine shareholders eligible for the dividend. Pearl Global Industries has also announced an interim dividend of ₹8.50 per share, setting the same record date of May 21, 2026 for eligibility determination. ITC Hotels has declared a dividend of ₹1 per share for eligible shareholders, with the company also fixing May 21, 2026 as the record date to determine shareholders entitled to receive the dividend. According to latest market data, all three dividend-declaring companies have set the same record date of May 21, 2026 for dividend eligibility.
AVG Logistics has announced that its board approved the issuance of up to 36,50,356 fully paid-up equity shares through a rights issue. The rights equity shares will be issued at a price of ₹145 per share, including a premium of ₹135 per share, aggregating up to ₹52.93 crore. The rights issue will be offered to eligible equity shareholders in the ratio of 8:33, meaning shareholders will be entitled to 8 rights equity shares for every 33 fully paid-up equity shares held as on the record date, Thursday, May 21, 2026. As per company announcements, the rights issue is being offered to eligible equity shareholders on the same record date as the dividend companies.
ITC Hotels shares are currently trading at ₹154.60 on the NSE, showing a change of -0.34% from the previous close of ₹155.84. The stock has demonstrated mixed performance with a day range of ₹153.31 to ₹154.70 and a year range of ₹137.30 to ₹261.62. The company maintains a market capitalization of ₹31,995 crores with strong financial metrics including revenue of ₹3,761 crores and operating profit margin of 6.19%. Key financial ratios show P/E ratio of 39.16, ROA of 6.19%, and ROE of 6.97%, reflecting the company's solid operational performance.
