Corporate actions this week: Tata Motors, UltraTech Cement to go ex-dividend, Remedium Lifecare ex-bonus and more

The ex-dividend date is when the price of the equity shares of a company gets adjusted for the dividend payout. It is one or two working days before the record date. All the shareholders whose names appear in the company's list by the end of the record date will be eligible to receive dividends.

NDR Auto Components (1:1) and Shriram Pistons & Rings (1:1) will trade ex-bonus on Monday, whereas VR Films & Studios (7:1) on Wednesday, Maan Aluminium (1:1) on Thursday, and Remedium Lifecare (9:5) on Friday will trade ex-bonus.

Shares of Maan Aluminium (Rs 10 to Rs 5) on Thursday and Servotech Power Systems (Rs 2 to Rs 1) on Friday will ex-split, while shares of Brooks Laboratories' ex-date for the right issue is fixed on Friday, 28th July.


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