Rs. 57 Dividend+ Stock Split+ Rights Issues+ Bonus Issue Next Week: 12 Major Stocks to Watch
The last week of April is going to be very eventful as multiple companies announce stock splits, dividends, bonus issues, and rights offerings. These corporate actions are sometimes major triggers for stock price movements, liquidity changes, and investor sentiment in a particular stock. For retail investors, especially, it can create short-term trading opportunities as well as long-term portfolio adjustments. Here is the list of all the stocks to remain in focus next week for major corporate actions.

Stock Splits Next Week
Two major stock split-related developments are going to take place next week, each with a very different objective and impact on investors. Stock splits, whether forward or reverse, are often used by companies to adjust share price levels and improve market participation.
Sanmit Infra Limited Reverse Stock Split: Sanmit Infra Limited has announced a 1:10 reverse stock split, with April 30, 2026, set as the record date. Under this move, every 10 shares with a face value of Rs. 1 will be consolidated into 1 share with a face value of Rs. 10. This will effectively reduce the number of shares held by investors while increasing the face value per share.
A reverse split is typically undertaken to improve the company's stock image and reduce excessive volatility associated with low-priced shares.
Interestingly, Sanmit Infra Limited Reverse Stock Split is coming after the company had carried out a forward stock split in 2022, which had increased the number of shares.
Invesco India Gold ETF Stock Split: On the other hand, Invesco India Gold ETF has announced a 100:1 stock split, which is a classic forward split. Effective April 30, 2026, the face value of each unit will be reduced from Rs. 100 to Rs. 1, meaning investors will receive 100 units for every one unit they currently hold.
This is particularly significant for retail investors. ETFs linked to gold often trade at higher unit prices, making them less accessible for smaller investors. By reducing the unit price through a split, the ETF becomes more affordable and attractive, thereby increasing trading volumes and liquidity.
Dividend Stocks Next Week
The upcoming week will also see a strong lineup of dividend-paying stocks, which are as follows:
- ABB India Ltd has announced a dividend of Rs. 29.59 per share,
- Stovec Industries Ltd will offer Rs. 12 per share,
- Hindustan Zinc Ltd, known for its high dividend yield, has declared Rs. 11 per share,
- Vesuvius India Ltd has announced a dividend of Rs. 1.5 per share.
- 360 ONE WAM Ltd will pay Rs. 6 per share, with an earlier ex-date of April 27, 2026.
In addition, Embassy Office Parks REIT has also declared a distribution, but the amount has not been disclosed. The stock will trade ex date on April 30.
Rights Issues Next Week
Rights issues are another major highlight for the week, offering existing shareholders the opportunity to purchase additional shares at a predetermined price, often at a discount to the current market price.
Indrayani Biotech Ltd has announced a rights issue in the ratio of 5:7, meaning shareholders can apply for 5 additional shares for every 7 shares held. The ex-date is April 28, 2026, and the issue includes a premium component.
Innovassynth Technologies Ltd is offering a rights issue in the ratio of 3:13, with an ex-date of April 29, 2026, indicating a capital-raising effort to support business expansion or operational needs.
Shakti Press Ltd has announced a 7:1 rights issue, which is relatively aggressive and could significantly increase the company's share capital.
Bonus Issue Ahead
Beyond the immediate week, a bonus issue is also lined up for investors to keep an eye on
Biogen Pharmachem Industries Ltd has announced a bonus issue in the ratio of 1:6, with an ex-date of May 15, 2026. This means shareholders will receive one additional share for every six shares held, free of cost.


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