Dividends, Bonus and Rights Issue : Varun Beverages, Gravity India and Avax Apparels in Focus

Written by: Kusum KumariUpdated on: 7 Apr 2026, 4:39 pm IST

Varun Beverages turns ex-dividend and Gravity India goes ex-rights on April 8. Avax Apparels turns ex-bonus today. Investors must hold shares before record dates to qualify.

Varun Beverages, Gravity India, and Avax Apparels and Ornaments are expected to stay in focus due to dividend, rights issue, and bonus share announcements.

Investors must own the shares in their demat account before the ex-date to be eligible for these benefits.

Varun Beverages: Ex-Dividend on April 8

Varun Beverages has announced a final dividend of ₹0.50 per share for the financial year ending December 31, 2025.

Record date: April 8, 2026
Investors holding shares before the ex-date will receive the dividend (subject to shareholder approval).

Gravity India: Rights Issue Details

Gravity India has announced a rights issue of equity shares:

Issue size: 6.90 crore shares
Issue price: ₹10 per share
Total issue value: ₹69.01 crore
Rights ratio: 23 shares for every 3 shares held
Record date: April 8, 2026

Eligible shareholders will receive rights entitlement based on holdings on the record date.

Avax Apparels: Ex-Bonus Today

Avax Apparels and Ornaments turns ex-bonus today (April 7, 2026).

Bonus ratio: 3 bonus shares for every 1 share held
Record date: April 7, 2026

Conclusion

Corporate actions like dividends, rights issues, and bonus shares can affect stock prices and investor returns. To receive these benefits, investors must hold shares before the ex-date and be eligible on the record date.

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 or 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 related documents carefully before investing.

Published on: Apr 7, 2026, 8:59 AM IST

Kusum Kumari

Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.

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