At least 17 corporate actions are scheduled to take place this week, including dividends, stock splits, bonus issues, rights issues, buybacks, and income distributions. According to reports from Upstox, the comprehensive list includes major companies such as Central Bank of India, UCO Bank, NALCO, Hexaware Technologies, Oracle Financial Services Software, Laurus Labs, Ramkrishna Forgings, Somany Ceramics, KSB, and Sundram Fasteners. The actions span across multiple sectors, with technology, banking, and industrial companies featuring prominently.
Public sector lender Central Bank of India has set May 8 as the record date for its interim dividend of ₹0.6 per share. As reported by Upstox, the company's shares will trade ex-date on May 8, meaning shareholders will not receive the dividend if they purchase shares after this date. This interim dividend represents a significant payout for the public sector bank's shareholders.
Global digital and technology services company Hexaware Technologies has declared the first interim dividend of ₹8.50 (850%) per equity share of ₹1 each for the financial year 2026. According to the company's exchange filing reported by Upstox, the record date for determining shareholders entitled to the interim dividend will be May 5, with the payment date set for May 15. This represents a substantial dividend payout for the technology services provider.
Several other significant corporate actions are scheduled this week. UCO Bank has set May 4 as the record date for its ₹0.44 per share final dividend, while Oracle Financial Services Software will distribute an interim dividend of ₹270 per share on May 7. Alka India Ltd will implement a 6:1 bonus issue on May 8, and KSB Ltd will pay a final dividend of ₹4.40 per share on the same date. As reported by Upstox, Jagsonpal Pharmaceuticals will conduct a buyback of shares on May 4 with the same date as the record date.
