Page Industries, Colab Platforms and Others to Trade Ex-Date on May 21 for Dividend, Rights and Stock Split

Shares of Page Industries, Colab Platforms, Odyssey Technologies, and Zodiac-JRD-MKJ are likely to draw attention during today’s trading session as these companies are set to trade ex-date tomorrow, Wednesday, May 21, 2025. This development follows recent announcements made by each company regarding various corporate actions.

Page Industries and Odyssey Technologies to Trade Ex-Dividend

Page Industries, a well-known company in the garments and apparels sector, has announced an interim dividend of ₹200 per share for its shareholders. The company has fixed Wednesday, May 21, 2025, as the record date to determine the shareholders eligible to receive this dividend payout. This means that only those who hold shares of Page Industries before the ex-date will be entitled to receive the dividend.

Similarly, Odyssey Technologies, which is involved in software products, has also announced an interim dividend. The company has declared a dividend of ₹1 per share for its shareholders. Like Page Industries, Odyssey Technologies has also set May 21, 2025, as the record date for determining shareholder eligibility for the dividend.

Also Read: Power Grid Share Price in Focus: Here’s Why!

Zodiac-JRD-MKJ to Trade Ex-Date for Rights Issue

Zodiac-JRD-MKJ, a company engaged in the business of gold and diamond jewellery, has announced a rights issue. The company will issue 57,98,443 equity shares with a face value of ₹10 each at a price of ₹40 per share, which includes a share premium of ₹30. The total amount raised through this rights issue will not exceed ₹23.19 crore. The rights entitlement ratio has been fixed at 112 rights equity shares for every 100 fully paid-up equity shares held by shareholders as of the record date. The company has fixed Wednesday, May 21, 2025, as the record date for identifying the eligible shareholders who will receive the rights entitlement.

Colab Platforms to Trade Ex-Date for Stock Split

Colab Platforms, a financial services company, has announced a sub-division or stock split of its equity shares. According to the announcement, each equity share with a face value of ₹2 will be split into two equity shares with a face value of ₹1 each. The record date to determine the shareholders eligible for this stock split is also set for Wednesday, May 21, 2025. It should be noted that Colab Platforms is currently placed under Enhanced Surveillance Measure (ESM: Stage 2) by the BSE, which is a regulatory measure aimed at monitoring unusual trading activity.

What Does Ex-Date and Record Date Mean for Investors?

The ex-date is the day when the stock starts trading without the benefits of the announced corporate actions such as dividends, rights issues, or stock splits. Investors who purchase the stock on or after the ex-date will not be eligible for these benefits. In contrast, the record date is the cut-off date decided by the company to finalise the list of shareholders who will be entitled to receive the announced benefits. To qualify, investors must own the stock before the ex-date so that their names appear on the company’s records by the end of the record date.

Conclusion

These corporate actions often influence investor sentiment and may impact stock prices in the short term, making it important for shareholders and potential investors to stay informed about such developments.

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.