Galaxy Surfactants, Axtel Industries and More: Key Corporate Actions on March 20

Several stocks will be in the spotlight on March 19, 2025, due to important corporate actions such as dividends, stock splits, and rights issues. The companies to watch include Axtel Industries, Blue Pearl Agriventures, Galaxy Surfactants, and Praxis Home Retail.

Ex-Date Set for March 20

As per BSE data, all these companies will have their ex-date on March 20, 2025. This means investors who wish to benefit from these corporate actions must hold the shares before this date.

Dividend Announcements

These companies have declared interim dividends:

• Galaxy Surfactants – ₹18 per share
• Axtel Industries – ₹5 per share

The record date for these companies is March 20, 2025.

Rights Issue Announcement

• Praxis Home Retail has announced a rights issue of 49.58 million fully paid-up equity shares at ₹10 per share (including a ₹5 premium). The record date is March 20, 2025.

Stock Split Announcement

Blue Pearl Agriventures is going for a stock split where one ₹10 equity share will be split into ten ₹1 shares. The record date for the stock split is also March 20, 2025.

Other Companies Trading Ex-Dividend

Besides these companies, Power Finance Corporation and AGI Infra are also trading ex-dividend today:

• Power Finance Corporation – ₹3.50 per share
• AGI Infra – ₹0.50 per share

Understanding the Ex-Date

The ex-date is the day when a stock starts trading without the benefit of the declared corporate action. If an investor buys shares on or after the ex-date, they will not be eligible for the dividend, stock split, or rights issue. To receive these benefits, investors must own the stock before the ex-date.

These corporate actions can impact stock prices and trading volumes, making them key events for investors to track.

Conclusion

Investors should track these corporate actions as they may impact stock prices. Holding shares before the ex-date is essential to benefit from dividends, splits, 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.