During the 3rd week of September, companies such as Glenmark Pharmaceuticals, Indraprastha Gas, Godfrey Phillips India, RITES Ltd, Mazagon Dock Shipbuilders, and Wardwizard Innovations & Mobility have lined up important corporate actions, including dividends, bonus issues, stock splits, and rights issues.
Let’s look at the major corporate actions scheduled for the week.
Glenmark Pharmaceuticals Ltd is a global research-led pharmaceutical company with presence across generics, speciality and OTC business with operations in over 80 countries. The company will disburse a final dividend of ₹2.50 per share on Monday. In the last 6 months, the share price of the company has jumped nearly 50%.
GHV Infra Projects Ltd has announced a bonus issue in the ratio of 3:2, meaning shareholders will get 3 additional shares for every 2 shares held. The company will also undergo a stock split from face value of ₹10 to ₹5, which means if you held one share of ₹10 face value, you will receive 2 shares of face value equal to ₹5 each. GHV Infra Projects has expanded into the infrastructure and construction business, amending its Memorandum of Association on July 30, 2024.
Godfrey Phillips India Ltd has been in the cigarette business in India for over eight decades. Its portfolio comprises established cigarette brands such as Four Square, Red & White, Stellar, and Cavenders; the company also manufactures and distributes the Marlboro brand of cigarettes.
The company has declared a bonus issue in the ratio of 2:1, meaning shareholders will get 2 shares for every 1 share held on the ex-date. The stock price of the company has given a multibagger return of 101% on a year-to-date basis.
A vertically integrated ''Chip to Film'' manufacturing company, Garware Hi-Tech Films Ltd, will pay a final dividend of ₹12 per share. This debt-free company has delivered a good profit growth of 31.3% CAGR over the last 5 years
RITES Ltd, the only export arm of Indian Railways for providing rolling stock overseas will pay a final dividend of ₹2.65 per share. This debt-free company has been maintaining a healthy dividend payout of 93.4%.
Gujarat Mineral Development Corporation Ltd has embarked on an ambitious Rare Earth Element (REE) exploration project aimed at positioning India as a leading player in this strategic sector. The company will pay a dividend of ₹10.10 per share. The company has been maintaining a healthy dividend payout of 42.6%.
The first Indian PSU and only vertically integrated copper producing company, Hindustan Copper Ltd, will pay a final dividend of ₹1.46 per share. The company has been maintaining a healthy dividend payout of 30.1%.
Zydus Wellness Ltd will undergo a stock split from a face value of ₹10 to ₹2, giving shareholders 5 shares for every 1 share held. Zydus Wellness operates primarily in the consumer wellness sector. The share price of the company has jumped by over 28% in the last 15 trading sessions.
Bharat Dynamics Ltd is a Government of India enterprise engaged in manufacturing guided missiles and allied defence equipment. The defence company will pay a final dividend of ₹0.65 per share. The company has been maintaining a healthy dividend payout of 37.1%
India’s leading shipbuilding yards specialise in constructing and repairing warships and submarines for the Ministry of Defence and commercial vessels, Mazagon Dock Shipbuilders Ltd will pay a final dividend of ₹2.71 per share.
National Securities Depository Ltd (NSDL), a SEBI-registered Market Infrastructure Institution (MII) that pioneered the dematerialisation of securities in India, will distribute a dividend of ₹2 per share. The company recently debuted in the listed space through an IPO in August 2025.
Tourism Finance Corporation of India Ltd will undergo a stock split from face value of ₹10 to ₹2, resulting in 5 shares for every 1 share. Tourism Finance Corporation of India Ltd provides financial assistance to the tourism sector, comprising hotels, resorts, restaurants, food courts, amusement parks, ropeways, multiplexes, etc.
Wardwizard Innovations & Mobility Ltd has announced a rights issue of equity shares and will also pay a final dividend of ₹0.10 per share. The company has announced a rights issue worth ₹48.75 crores, offering 4.43 crore shares at ₹11 per share with a face value of ₹1. Eligible shareholders will receive an entitlement of 17 rights equity shares for every 100 fully paid-up shares held as of the record date, September 19, 2025. The issue will remain open from September 26 to October 7, 2025, with the last date for renunciation of rights entitlements on October 1, 2025. The shares will be listed on BSE.
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