Corporate Actions This Week — BEL, G R Infraprojects, Sun TV Network Record Dates

Several companies announced interim dividends and stock split, ahead of their respective record dates next week. Bharat Electronics Ltd., G R Infraprojects Ltd., and Sun TV Network Ltd. have declared interim dividends for financial year 2025, while IOL Chemicals and Pharmaceuticals Ltd. has set a record date for its stock split.

To be eligible for dividends, investors should take note of the record date, which determines shareholder eligibility. Under India’s T+1 settlement cycle, shares purchased on the record date itself will not qualify for the dividend payment. The ex-dividend date, which falls before the record date, marks when the share price adjusts to reflect the upcoming payout.

A stock split is a corporate action where a company increases the number of outstanding shares by reducing the face value per share. This typically enhances liquidity as the stock price adjusts accordingly. While the number of shares increases, the total investment value remains unchanged.

Here is a look at companies that declared interim dividends and have key dates coming up this week.