Key Corporate Actions: Aurobindo Pharma and Others Set for Ex-Dates Next Week
Ex-date alert! Aurobindo Pharma, 3 others to remain in spotlight next week
Business Standard
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From April 13 to April 17, 2026, shares of Aurobindo Pharma, Muthoot Finance, Pashupati Cotspin, and Prima Plastics will be in focus due to significant corporate actions including buybacks, dividends, and stock splits. Notably, Aurobindo Pharma's buyback offer will commence on April 17, 2026.
- 01Aurobindo Pharma will initiate a buyback of up to 5,423,728 shares at ₹1,475 each, totaling ₹800 crore.
- 02Muthoot Finance is expected to declare an interim dividend during the week.
- 03Pashupati Cotspin will execute a stock split, converting one share of ₹10 into ten shares of ₹1.
- 04Prima Plastics will conduct a spinoff, offering shareholders new shares in a resulting entity.
- 05All corporate actions are scheduled for the record date of April 17, 2026.
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During the trading week from April 13 to April 17, 2026, shares of Aurobindo Pharma, Muthoot Finance, Pashupati Cotspin, and Prima Plastics will be closely monitored due to their upcoming corporate actions. Aurobindo Pharma has announced a buyback of up to 5,423,728 fully paid-up equity shares at a price of ₹1,475 per share, amounting to a total of ₹800 crore. This buyback represents 0.93% of its total paid-up equity share capital. The record date for this buyback is set for April 17, 2026. Meanwhile, Muthoot Finance will hold a board meeting on April 10, 2026, to consider an interim dividend for FY26, with the record date also on April 17, 2026. Pashupati Cotspin will implement a stock split, converting one share of ₹10 into ten shares of ₹1, and Prima Plastics will execute a spinoff, providing shareholders with new shares in a resulting entity. All actions are scheduled to take effect on the same record date, making it a significant week for these companies.
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These corporate actions may influence shareholder value and investment strategies for those holding shares in these companies.
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