Stock Radar Next Week: 18 Companies Set for Big Dividends Up to ₹25, 4 Stock Splits

Indian equity markets are gearing up for an event-packed trading week starting Monday, with as many as 18 listed companies set to execute major corporate actions. Market participants and retail investors will closely track these counters as ex-dates approach for interim dividends, equity sub-divisions (stock splits), and a share buyback program. Among the prominent names triggering corporate actions are Chennai Petroleum Corporation, L&T Technology Services, CRISIL, Shriram Finance, Hexaware Technologies, and Nippon Life India Asset Management. Understanding the ex-date mechanism is crucial for equity investors: shares must be purchased before the designated ex-date to establish ownership on the record date and secure eligibility for payouts, split ratios, or buyback tender rights.High-Yield Dividend Calendar: 13 Companies Deliver Payouts Up to ₹25 Per ShareA total of 13 corporate boardrooms have declared interim cash dividends for eligible shareholders, led by heavy energy and IT names:Top Dividend Payers: Chennai Petroleum Corporation leads the payout charts with a hefty interim dividend of ₹25 per equity share, followed by L&T Technology Services at ₹20 per share, and credit rating giant CRISIL offering ₹17 per share.October 26 (Monday): Hexaware Technologies trades ex-dividend for an interim dividend of ₹9.50 per share; existing holders on the record date qualify for the direct credit.October 27 (Tuesday): L&T Technology Services turns ex-dividend for its ₹20 per share interim distribution.October 28 (Wednesday): Saint trades ex-dividend for ₹12 per share, while asset management major Nippon Life India Asset Management goes ex-dividend for ₹9.50 per share.October 29 (Thursday): CRISIL turns ex-dividend for ₹17 per share, non-banking financial powerhouse Shriram Finance pays ₹6.50 per share, and Kesolves India goes ex-dividend for ₹1 per share.October 30 (Friday): A mega cluster of six stocks goes ex-dividend on Friday, including Chennai Petroleum Corporation (₹25), Ador Welding (₹7.50), Steel Strips Wheels (₹1.50), Amvil Healthcare (₹0.50), Hypersoft Technologies (₹0.25), and Segility (₹0.15 per share).Four Stock Splits Scheduled: Breaking Face Values from ₹10 to ₹1Four listed companies are sub-dividing their equity shares to enhance trading liquidity and make stock units more accessible to retail investors:Understanding Stock Splits: In a stock split, the total share capital remains constant while the nominal face value is reduced, proportionally multiplying the number of outstanding shares held in a demat account without altering the overall portfolio valuation.October 26 Split Action: Midas Fashions will execute a stock split on Monday, halving the face value of its equity shares from ₹10 each to ₹5 each.October 29 Split Action: Chandni Machines will subdivide its shares from a face value of ₹10 down to ₹1 per share.October 30 Split Action: Galaxy Agrico Exports splits its face value from ₹10 down to ₹1, while Meenakshi India divides its shares from a face value of ₹10 to ₹5 per share.Share Buyback Opportunity: Automobile Corporation of GoaA key capital restructuring event is slated for mid-week as one company offers cash to repurchase outstanding equity directly from investors:Automobile Corporation of Goa Buyback: Shares of Automobile Corporation of Goa will turn ex-date for its share buyback on Wednesday, October 28.Investor Dynamics in Buybacks: Through an official share repurchase, a company absorbs its own stock from public shareholders at an announced price, reducing overall floating market supply and potentially boosting subsequent earnings per share (EPS).Compliance Advisory for Shareholders: Retail investors should review the company's official corporate disclosures and registrar communications to confirm their entitlement ratios, buyback pricing, and tender offer timelines.