Dividend, Bonus, and Stock-Split: SBI Life, Metro Brands, Bisil Plast and Pradhin in Focus Today

Several companies will be in focus in today’s (March 6, 2025) trading session due to their corporate actions. According to data from the BSE, shares of Bisil Plast, Metro Brands, Pradhin, and SBI Life Insurance Company will trade ex-date tomorrow, March 7. Here are the key details:

SBI Life Insurance Declares Interim Dividend

SBI Life Insurance Company has announced an interim dividend of ₹2.70 per share.

• Record date: March 7, 2025
• Investors holding shares before this date will be eligible to receive the dividend.

Metro Brands Announces Interim and Special Dividend

Metro Brands has declared 2 types of dividends for its shareholders:

• Interim dividend: ₹3 per share
• Special dividend: ₹14.50 per share
• Record date: March 7, 2025

Bisil Plast to Trade Ex-Date for Rights Issue

Bisil Plast will remain in focus as its shares trade ex-date for a Rights Issue tomorrow.

• Rights Issue details: 48.62 crore equity shares at a price of ₹1 per share.
• Entitlement: 9 new equity shares for every 1 share held.
• Record date: March 8, 2025.
• Shareholders can renounce (sell) their rights if they do not wish to subscribe.

Pradhin Announces Bonus Issue & Stock Split

Pradhin has announced two major corporate actions:

• Bonus Issue: 2 bonus shares for every 1 existing share.
• Stock Split: 1 equity share of ₹10 face value will be split into 10 shares of ₹1 each.
• Record date: March 7, 2025.

Why the Ex-Date Matters?

The ex-date is the day when a stock starts trading without the benefits of a dividend, rights issue, bonus shares, or stock split. Investors must own the stock before the ex-date to qualify for these corporate benefits. The company decides the list of eligible shareholders based on the record date.

These corporate actions could impact stock prices and investor interest in today’s session.

Conclusion

With key corporate actions lined up, these stocks may see increased trading activity. Investors should check record dates to ensure eligibility for dividends, bonus shares, and rights issues.

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.