Corporate Actions

Infosys [INFY] has announced the acquisition of Optimum Healthcare IT and Stratus for a combined $560 million, bolstering its healthcare and insurance capabilities with AI-driven solutions.

Hind Rectifiers [HINDRECTI] is preparing for a 1:1 bonus issue, rewarding shareholders with free equity shares. Here's what this corporate action means for your portfolio.

Chennai Petroleum Corporation Limited [CHENNPETRO] has announced an interim dividend of ₹8 per share for FY 2025-26, with April 2 set as the record date and April 25 as the payment date.

Chennai Petroleum Corporation [CHENNPETRO] has declared an interim dividend of ₹8 per equity share for FY 2025-26, with April 2 set as the record date and payouts expected by April 25.

Indian Renewable Energy Development Agency [IREDA] has announced an interim dividend of ₹0.6 per share for FY 2025-26, with the record date scheduled for April 2, 2026. The Navratna PSU stock has experienced significant pressure over the past twelve months.

Brigade Enterprises [BRIGADE] has unveiled Brigade Belvedere, a premium residential development in East Bengaluru spanning 10.75 acres, with the initial phase expected to generate over ₹1,100 crore in revenue.

IndusInd Bank has unveiled a new financial facility enabling customers to securely hold and strategically reinvest capital gains while adhering to regulatory compliance timelines.

The UAE Central Bank has greenlit the merger between Emirates NBD and RBL Bank [RBLBANK], paving the way for integration of Emirates NBD's Indian operations into RBL Bank pending further regulatory approvals.

Thomas Cook India's planned demerger from its travel and forex subsidiary Sterling could unlock shareholder value, but analysts warn that execution on ground will be crucial to turning around investor sentiment.

UltraTech Cement [ULTRACEMCO] has successfully concluded a long-standing arbitration dispute with Jaiprakash Associates, agreeing to redeem ₹1,000 crore in preference shares linked to the Dalla Super cement project.

HCL Group [HCLTECH] and Prudential Plc are set to roll out their long-awaited health insurance joint venture following favorable regulatory progress and eased foreign investment norms under Press Note 3.

The Finance Bill Amendment introduces a 12% surcharge on capital gains from share buybacks effective April 1, making this cash extraction method significantly costlier for both individual and corporate shareholders.

NDR InvIT Trust successfully raised ₹410 crore through a bond issuance, attracting strong institutional investor participation to fuel its logistics and warehousing expansion strategy.

French banking giant Societe Generale has made a significant ₹76 crore stake purchase in Sammaan Capital [SAMMAANCAP], coinciding with International Holding Company's plans for a controlling stake. Meanwhile, investor Mukul Agrawal has exited his position in Siyaram Recycling Industries [SIYRAMREC].

TVS Holdings [TVSMOTORS] has announced an exceptional interim dividend of ₹86 per share, representing a 1,720% payout ratio. Shareholders with a record date of April 2 will receive payments within 30 days.

TVS Holdings [TVSMOTORS] has declared an interim dividend of ₹86 per share for FY2025-26, with the record date and payment timeline now confirmed for shareholders.

Waaree Energies [WAAREE] shares jumped 3.6% following board approval of a major capital investment in glass manufacturing and an increased stake in its subsidiary.

United Spirits [UNITEDSPIRIT] divests its Royal Challengers Bangalore stake for ₹16,660 crore, with brokerages citing significant value creation potential and improved capital allocation prospects for the spirits manufacturer.

Private equity giant Bain Capital is making a strategic play to increase its stake in Manappuram Finance [MANAPPURAM] from 18% to 41.66% through an open offer at ₹236 per share, positioning itself as a joint promoter.

ITC [ITC] has announced the closure of its trading window, affecting share transactions during the specified period. Here's what investors should understand about this corporate action and its implications.