Several companies have announced dividends, stock splits, and bonus issues recently, with key dates falling within the week of September 22nd, 2025. These corporate actions can impact shareholders' investments, and it's important to understand the details and implications of each.
Adani Power
Adani Power has declared a stock split, with a ratio of 1:5, which means each share with a face value of ₹10 will be split into five shares with a face value of ₹2. The record date for this stock split was September 22, 2025. However, Adani Power has not given any dividends since January 1, 2000. In the previous fiscal year (FY2023-2024), Adani Power Ltd declared dividends 4 times totaling ₹0.0. In the current fiscal year (FY2024-2025), Adani Power Ltd has declared dividends 5 times totaling ₹0.
BEML
The board of Bharat Earth Movers Limited (BEML) had recommended a final dividend of ₹1.20 per equity share with a face value of ₹10 each, subject to shareholder approval at the company's AGM. September 22, 2025, was the record date for determining eligible shareholders. BEML has not announced any bonus issues since 2018. In a board meeting held on July 21, 2025, BEML approved the subdivision of its equity shares. The proposal involves splitting one equity share of ₹10 face value into two shares of ₹5 face value each, fully paid up.
Bajaj Holdings & Investment
The board of Bajaj Holdings had recommended an interim dividend of ₹65 per equity share with a face value of ₹10. September 22, 2025, was the record date for determining shareholders eligible for the dividend. All eligible shareholders with their names on the list at the end of the record date will be eligible to receive the dividend.
Pidilite Industries
Pidilite Industries announced a 1:1 bonus issue, meaning shareholders will receive one additional share for every share held. The company fixed September 23, 2025, as the record date for the bonus issue. Pidilite has given 3 bonuses since June 5, 2000. The company had previously announced a special interim dividend of ₹10 with face value of ₹1 in August, with the amount scheduled to have been paid out on Aug. 29.
Nazara Technologies
Nazara Technologies' shareholders approved a 2:1 stock split and a 1:1 bonus share issuance. The stock split will divide each ₹4 share into two ₹2 shares. Shareholders will receive one new equity share with a face value of ₹2 for every existing equity share held after the stock split. September 26, 2025, is the record date for both the stock split and bonus issue, with bonus shares to be allotted on September 29, 2025. Nazara Technologies has not announced any dividend since 2018.
Ex-Date Implications
It is important to note that Adani Power, Bajaj Holdings & Investment, Nazara Technologies, Pidilite Industries and BEML are among the stocks that would turn ex-date for corporate actions next week. To be eligible for the dividend or bonus shares, investors must purchase the shares before the ex-date. The record date, typically the day after the ex-date, is used to determine which shareholders are on the company's books and will receive the benefit.