Kamdhenu, Shriram Finance and more; upcoming major stock splits, bonuses, and demerger
Kamdhenu, Shriram Finance and more; upcoming major stock splits, bonuses, and demerger
The second week of January 2025 is packed with significant corporate actions that could reshape investment portfolios and enhance shareholder value. From stock splits to bonus issues and a high-profile demerger, companies are taking steps to improve liquidity and attract investors. Here’s what’s in store:
Stock Splits
AA Plus Tradelink
Shareholders will benefit from a 1:10 stock split, receiving 10 shares for every share held post-split. The record date is January 8, 2025.
Kamdhenu
The face value of shares will be reduced from ₹10 to ₹1, boosting liquidity. The ex-date is January 8, 2025.
Julien Agro Infratech
Shares will be split from ₹10 to ₹5 per share on January 8, making it more accessible for retail investors.
Shriram Finance
Scheduled for January 10, this 1:5 stock split will lower the price per share, aiming to attract a broader investor base.
Bonus Issues
Algoquant Fintech
Shareholders will receive 1 bonus share for every 2 shares held. The record date is January 8, 2025.
Padam Cotton Yarns
A 1:1 bonus issue will double shareholders' holdings, effective January 8.
Dividends
VTM Limited
An interim dividend of ₹0.25 per share will be distributed to shareholders on record as of the designated date.
Major Corporate Action: ITC Demerger
One of the most anticipated events is the demerger of ITC Limited's hotel business, effective January 6, 2025. Eligible shareholders will receive 1 share of ITC Hotels for every 10 ITC shares held.
Post-demerger, ITC will retain a 40% stake in the hotel business, with the remaining 60% allocated to shareholders. ITC Hotels is expected to list in February, establishing itself as a standalone entity. This move is set to unlock value for investors and provide distinct growth opportunities for the hotel business.
Key Takeaway
These corporate actions present a mix of opportunities for investors, including enhanced liquidity, portfolio diversification, and value creation. While the stock splits and bonuses aim to attract more retail participation, the ITC demerger is expected to be a game-changer in the hospitality segment.
Disclaimer: The above information is for educational purposes and should not be considered investment advice. Consult with a financial advisor before making any decisions.