Mon Dec 02 12:22:36 UTC 2024: ## Dalal Street Eyes Key Companies Amidst Week of Dividend Payouts and Corporate Actions
**Mumbai, India** – Investors on the Dalal Street are closely watching several prominent companies this week as over 10 companies are set to undergo significant corporate actions, including dividend payouts, bonus issues, and stock splits. Key companies under the spotlight include Wipro, Can Fin Homes, Phoenix Township Ltd, Eraaya Lifespaces, and Diamond Power Infrastructure.
Several companies will trade “ex-dividend” next week, meaning buyers after the ex-date will not receive the dividend. Notable ex-dividend dates include December 3rd for Indo Us Bio-Tech Ltd (₹0.25 interim dividend), December 4th for Can Fin Homes (₹6.00 interim dividend), and December 6th for Phoenix Township Ltd (₹0.10 interim dividend).
Bonus issues are also in the pipeline. Rajoo Engineers (1:3 bonus), Wipro (1:1 bonus), and Consecutive Investment & Trading Company (1:1 bonus) will see their shares impacted. Stock splits are also on the agenda, with Diamond Power Infrastructure announcing a 1:10 split and Eraaya Lifespaces a more substantial 10:1 split. Record dates for determining shareholder eligibility for these actions vary but fall within the next five days. Investors are urged to note the specific ex-dividend and record dates for each company to ensure eligibility for payouts.
First Piper 