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Vedanta and TCS Announce Interim Dividends; Ola and Bansal Wire Plan Rights Issue and Stock Split

Vedanta’s board approved an interim dividend of ₹5 per equity share on a face value of ₹1 for FY27, amounting to nearly ₹1,955 crore. The dividend record date is set for 14 October 2026. The board’s decision was taken on Thursday, 8 October 2026. The dividend will be paid to eligible equity shareholders on 30 October 2026. The announcement follows the company’s recent financial performance and aligns with its dividend policy for the fiscal year in the current financial cycle.

TCS, India’s largest IT services firm, declared its second interim dividend of ₹12 per equity share of ₹1 each for the September quarter earnings (Q2 FY27). The board fixed 14 October 2026 as the record date and the dividend will be paid on 30 October 2026 to eligible shareholders. The company reported a 14.98% year‑on‑year jump in consolidated net profit to ₹13,884 crore in Q2 FY27, up from ₹12,075 crore in the same period last year, and a 4.01% quarter‑on‑quarter rise. Consolidated revenue from operations surged 11.23% YoY to ₹73,118 crore, up 1.26% QoQ.

Ola Electric Mobility’s board approved a ₹1,000 crore fundraising plan through a rights issue on 7 October. The issue will comprise 37.03 crore partly paid‑up equity shares, totaling ₹999.74 crore, priced at ₹27 per share with a ₹17 premium. The record date for determining eligible shareholders is 13 October 2026, and the issue will open on 22 October and close on 30 October 2026. Rights entitlements will be available for on‑market renunciation until 26 October 2026. The entitlement ratio is set at two rights equity shares for every 25 fully paid‑up shares held as of the record date.

Bansal Wire Industries’ board approved a stock split in August 2026, converting one existing equity share with a face value of ₹5 into five equity shares of ₹1 each, subject to shareholder approval. The record date for determining eligibility is 16 October 2026. The split will increase the number of shares outstanding while maintaining the same total market value. Shareholders will receive additional shares proportionate to their holdings as of the record date, and the new shares will trade at the adjusted face value.

The NSE website lists a busy week of corporate actions beginning Monday, 11 October, with as many as 13 companies slated to announce dividend payments, a rights issue, and a stock split. Investors will likely focus on these announcements for potential price movements. The list includes major names such as TCS, Vedanta, Ola Electric Mobility, and Bansal Wire Industries, each with specific record dates and payment dates set for mid‑October 2026. The timing of these actions coincides with the end of the fiscal year for many firms, potentially influencing trading activity and shareholder decisions during the period.