Key Corporate Actions Scheduled for October 13-16, 2026
Five companies, including Ola Electric and TCS, are set to announce significant corporate actions next week.
Ola Electric plans to issue partly paid-up shares with a record date of October 13.
TCS has declared an interim dividend of ₹12 per share, record date October 14.
Bansal Wire Industries will execute a stock split on October 16.
Next week, from October 13 to October 16, several companies will implement key corporate actions that could impact shareholders significantly. Notable among these are Ola Electric, TCS, Vedanta, Anand Rathi Wealth, and Bansal Wire Industries, each with specific announcements regarding dividends, rights issues, and stock splits.
Ola Electric Mobility has proposed a rights issue, planning to issue up to ₹37.02 crore in partly paid-up equity shares at ₹27 each. This offer is available to eligible shareholders at a ratio of two shares for every 25 fully paid shares, with a record date set for October 13, 2026. Currently, Ola Electric’s shares are trading at ₹34.55, reflecting a 7% decline over the past month.
TCS has declared an interim dividend of ₹12 per equity share for the fiscal year 2027, with the record date on October 14. This marks the second interim dividend for the company this fiscal year, with payments scheduled for October 30. TCS shares are currently priced at ₹2,158, up 4% on the day, although they have seen a 33% drop year-to-date.
Vedanta has also approved its first interim dividend of ₹5 per share, with a record date of October 14. Shares of Vedanta are trading at ₹261.95, up 3.4%, but the stock has experienced a significant decline of 56.4% this year. Meanwhile, Anand Rathi Wealth has set October 15 as the record date for its interim dividend, although the amount has yet to be announced. The company is expected to report earnings soon, which may provide further insights.
Lastly, Bansal Wire Industries will execute a stock split on October 16, where one fully paid equity share of ₹5 will be split into five shares of ₹1 each. Currently, Bansal Wire shares are trading at ₹312.25, with a slight decrease of 0.3% on the day but a 2.6% increase over the past month. These corporate actions are poised to influence investor sentiment and market dynamics significantly in the coming week.
