Dividend, Bonus: BPCL, MPS, Technopack Polymers to remain in focus today

Dividend, bonus share: Shares of state-owned Bharat Petroleum Corporation (BPCL), MPS, and Technopack Polymers are expected to remain in the spotlight during today's trading session as they all turn ex-date tomorrow, January 29, 2025, following the announcements of key corporate actions. Among them, BPCL, and MPS shares will turn ex-dividend, whereas Technopack Polymers shares are set to trade ex-bonus, as per BSE data.

 

The ex-date is when a stock begins trading without the entitlement to dividends or bonus shares. This means that on or after this date, the dividend or bonus is not available to a new buyer of the stock. Thus, to qualify for these corporate actions, investors must own the stock before the ex-date. The beneficiaries of dividends or bonus shares are determined by the company based on the list of investors recorded by the end of the record date.

 

Here are the complete details of stocks trading ex-date tomorrow along with their respective corporate announcements:

 

BPCL Dividend 2025

BPCL, in an exchange filing, has said that the company's board of directors has declared an interim dividend of Rs 5 per equity share of face value Rs 10 each for the financial year 2024-25. BPCL has also confirmed that the company's board has fixed Wednesday, January 29, 2025, as the record date to determine the eligibility of shareholders to receive the said interim dividend.

 

BPCL has announced that the dividend will be paid only through electronic mode on or before February 20, 2025.

 

MPS dividend 2025

Digital services provider MPS will also remain in focus today following the announcement of its first interim dividend for the financial year 2024-25. The BSE SmallCap-listed company, in a regulatory filing, has declared a first interim dividend of Rs 33 per equity share of face value Rs 10 each for FY25.

 

"The same shall be paid on or before February 21, 2025, to those members whose names appear in the Register of Members of the Company and/or the Register of Beneficial Owners maintained by the Depositories and made available to the Company as on the record date, i.e., January 29, 2025, as fixed for this purpose," the filing added.

 

Technopack Polymers bonus issue

Plastic packaging solutions provider Technopack Polymers has announced the issuance of fully paid-up bonus shares in the ratio of 1:1. Accordingly, the company will issue 1 equity share for every existing equity share held of face value Rs 10 each as on the record date.

 

Technopack Polymers has further informed the bourses that it has revised the record date to Wednesday, January 29, 2025, to ascertain the eligibility of shareholders entitled to receive fully paid-up bonus shares.

 

Besides these, Wipro, Mangalam Industrial Finance, Tips Music, Wendt (India), and Zensar Technologies are also expected to remain in focus during today's trading session as they turn ex-dividend today.