Synopsis: Multiple Indian companies, including Bajaj Finance, Mahindra & Mahindra, Gujarat Gas, TeamLease Services, and Kajaria Ceramics, have announced corporate actions this week, including dividends, buybacks, and a demerger. Record dates span June 29 to July 3, determining shareholder eligibility and driving investor attention to payouts and restructuring events period overall.
The companies, including Bajaj Finance, Mahindra & Mahindra, Kajaria Ceramics, TeamLease Services, and Gujarat Gas, are set to see key corporate actions unfold this week. These moves follow earlier announcements made by the respective firms and cover a range of shareholder-focused decisions.
The actions include final dividend declarations, share buybacks, and spin-offs, all of which are aimed at rewarding shareholders or restructuring business operations. Investors will be closely watching these developments for their potential impact on stock performance. Here is the list of stocks to look out for:
June 29 (Monday)
Kajaria Ceramics Ltd
Kajaria Ceramics is India’s largest manufacturer of ceramic and vitrified tiles, offering a wide range of wall, floor, and polished tiles. The company also produces sanitaryware and has a strong distribution network, and is known for quality, innovation, and design leadership in construction materials.
The company has fixed Monday, June 29, as the record date for its Rs. 296 crore share buyback. Shareholders who held the stock in their demat accounts as of the previous Thursday’s market close will be eligible to participate in the buyback. Only those recorded as shareholders on that date can tender their shares in the buyback process.
Kansai Nerolac Paints Ltd
Kansai Nerolac Paints is a leading paint company in India, known for its decorative and industrial coatings. It serves both consumer and industrial markets with a strong presence across the country. The company has announced a final dividend of Rs. 2.5 for its shareholders.
Kalpataru Projects International Ltd
Kalpataru Projects International is a major engineering and construction firm involved in infrastructure and power transmission projects. It has declared a final dividend of Rs. 11 for eligible shareholders. Investors holding these stocks in their demat accounts as of the previous Thursday’s market close will be entitled to receive the dividends.
June 30 (Tuesday)
Bajaj Holdings & Investment
Bajaj Holdings & Investment is an investment company of the Bajaj Group, primarily engaged in managing strategic investments across financial services and other businesses. It generates income through dividends and capital appreciation from its portfolio holdings. The company has announced a final plus special dividend of Rs. 130 per share for eligible shareholders.
Bajaj Finance Ltd
Bajaj Finance is one of India’s leading non-banking financial companies (NBFCs), offering loans, credit cards, and financial products to retail and SME customers. It is known for strong growth in consumer lending and digital finance expansion. The company has declared a final dividend of Rs. 6 per share for its shareholders.
Maharashtra Scooters Ltd
Maharashtra Scooters is a manufacturer and investment company associated with the Bajaj Group, with interests in precision components and financial investments. The company primarily earns income from its investment portfolio. It has announced a final dividend of Rs. 60 per share for eligible shareholders.
Patel Integrated Logistics Ltd
Patel Integrated Logistics is an Indian logistics and cargo services provider offering air and surface transport solutions across domestic and international routes. It focuses on freight forwarding and supply chain services. The company has fixed the record date for its Rs. 10.8 crore share buyback at Rs. 20 per share.
July 2 (Thursday)
Gujarat Gas Ltd
Gujarat Gas is one of India’s largest city gas distribution companies, supplying natural gas to industrial, commercial, and residential customers. It operates an extensive pipeline network and focuses on expanding clean energy access.
The company has fixed the record date for the spin-off of its gas transmission business into GSPL Transmission. Under the demerger arrangement, shareholders will receive 1 GSPL Transmission share for every 3 Gujarat Gas shares held in their demat accounts as of the record date.
July 3 (Friday)
It will be an important record date for several companies, including Escorts Kubota, Mahindra & Mahindra, SML Mahindra, Swaraj Engines, Tech Mahindra, and Thermax. These firms will finalise eligibility for their announced dividends.
Among the key payouts, Escorts Kubota and Mahindra & Mahindra have declared a final dividend of Rs. 33 each, while SML Isuzu has announced Rs. 23.5. Swaraj Engines will pay Rs. 110, Tech Mahindra Rs. 36, and Thermax, a special plus final dividend of Rs. 20 for eligible shareholders.
Additionally, several other companies, such as Balaji Amines, Bharat Forge, Can Fin Homes, SKF India, and JSW Paints, will also trade ex-dividend from the same date, marking another key dividend-heavy session for investors.
Along with it, TeamLease Services is a leading HR solutions and staffing company in India, offering recruitment, payroll, and workforce management services across industries. It plays a key role in organised temporary staffing and employment services.
The company has announced a Rs. 238 crore share buyback to repurchase about 15 lakh shares at Rs. 1,600 per share, aimed at rewarding shareholders and optimising capital structure.
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