Several companies, including Foseco India, R Systems International, and Mahindra & Mahindra Financial Services, are expected to remain in focus in today’s stock market session. All 3 companies have announced important corporate actions and will be trading ex-date tomorrow, Wednesday, May 14, 2025.
Let’s take a closer look at what this means for investors.
Foseco India, a chemical manufacturing company, has declared a final dividend of ₹25 per share. The company has announced May 14, 2025, as the record date to determine which shareholders will be eligible to receive the dividend.
Since the ex-date is one trading day before the record date, the stock will trade ex-dividend on May 14. To receive the dividend, investors must buy the shares before the ex-date, meaning they should own the stock by May 13, 2025.
R Systems International, an IT services company, has announced an interim dividend of ₹6 per share. The record date to check shareholder eligibility for this dividend is also May 14, 2025.
Just like Foseco India, R Systems’ shares will trade ex-dividend on May 14, and investors should own the stock by May 13 to receive the interim dividend.
Mahindra & Mahindra Financial Services, a leading NBFC, has announced a rights issue worth up to ₹3,000 crore. The Rights Issue will be available at a price of ₹194 per share, which includes a premium of ₹192.
Eligible shareholders will receive 1 rights equity share for every 8 fully paid-up equity shares they hold as of the record date, May 14, 2025. This means the shares will trade ex-rights on May 14. To be eligible for the Rights Entitlement, investors must own the stock before May 14.
The ex-date is the date when a stock begins trading without the right to receive a declared dividend or participate in a rights issue. To be eligible, shareholders must own the stock before the ex-date. The company finalises the list of eligible shareholders on the record date.
With important corporate announcements, shares of Foseco India, R Systems International, and Mahindra Finance are likely to see active trading today. Investors who want to receive dividends or rights entitlements should ensure they buy the shares by May 13, 2025.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: May 13, 2025, 9:41 AM IST
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