If you’re an Indian investor, September feels like Diwali came early. Over 100 companies — from giants like Adani Power and Pidilite to growth names like Nazara Technologies — are showering shareholders with dividends, bonuses, and stock splits this week.
But here’s the catch: most retail investors hear the buzz, get excited, and jump in without truly understanding what these corporate actions mean. Is a bonus issue the same as free money? Does a stock split make a stock cheaper? Should you buy before or after the ex-date?
In this blog, we’ll break down the dividend, split, and bonus announcements between September 22–26, 2025, why they matter, and how you, as an investor, can actually benefit instead of falling for market noise.
🎯 Why Corporate Actions Matter for Investors
Corporate actions like dividends, bonuses, and stock splits are not just “announcements.” They’re signals — about how confident a company is, how it wants to reward shareholders, and how it plans to attract future investors.
Think of it like a cricket captain’s strategy before a big match. Choosing to bat first, send in a pinch-hitter, or rotate bowlers — every move reveals intent. Similarly:
- Dividends = Sharing profits with you, the investor.
- Bonus shares = Rewarding loyalty by giving more of the same stock.
- Stock splits = Making shares more affordable and liquid in the market.
For retail investors, the impact is not just financial but also psychological. A ₹10 stock split into five ₹2 shares feels more “buyable,” even though the value remains the same.
💰 Dividend Announcements This Week
This week, dividends dominate the headlines. Over 80 companies will trade ex-dividend between September 22–26, 2025. Some standouts:
- Bajaj Holdings & Investment Ltd – Interim dividend of ₹65 per share.
- Maharashtra Scooters Ltd – Interim dividend of a whopping ₹160 per share.
- BEML Ltd – Final dividend of ₹1.20 per share.
- Gujarat Fluorochemicals Ltd – Final dividend of ₹3 per share.
- Navneet Education Ltd – Final dividend of ₹1.50 per share.
✅ What This Means for You
Dividends are like pocket money from your investments. But remember — the stock price usually adjusts downward on the ex-dividend date. If Bajaj Holdings declares ₹65 dividend, its share price may dip by roughly the same amount.
👉 The smart move is not to chase dividends blindly, but to see them as an extra bonus on top of long-term growth.
🎁 Bonus Issues in Focus
A bonus issue means the company rewards shareholders with additional shares, free of cost, usually in ratios like 1:1 (one new share for each existing share).
This week’s key bonus announcements:
- Sandur Manganese & Iron Ores Ltd – 2:1 bonus (Sept 22)
- Pidilite Industries Ltd – 1:1 bonus (Sept 23)
- Time Technoplast Ltd – 1:1 bonus (Sept 23)
- Nazara Technologies Ltd – 1:1 bonus (Sept 26)
- Chandra Prabhu International Ltd – 1:2 bonus (Sept 26)
✅ Why This Matters
Bonus shares don’t increase your wealth directly (since the stock price adjusts), but they:
- Improve liquidity in the stock
- Signal company confidence
- Attract small investors who feel shares are more affordable
💡 Example: If Pidilite trades at ₹3,000 and issues a 1:1 bonus, post-bonus you’ll have double the shares, and the price will adjust to around ₹1,500. The total value remains the same — but psychologically, the stock feels cheaper.
📉 Stock Splits to Watch
Stock splits are often confused with bonus issues, but they’re different. A split reduces the face value of the share, increasing the number of shares in circulation.
This week’s splits:
- Adani Power Ltd – Split from ₹10 to ₹2 (Sept 22)
- Nazara Technologies Ltd – Split from ₹4 to ₹2 (Sept 26)
- PVV Infra Ltd – Split from ₹10 to ₹5 (Sept 26)
- R M Drip & Sprinklers Systems Ltd – Split from ₹10 to ₹1 (Sept 26)
✅ Why Companies Do Splits
- To make shares more affordable for retail investors
- To boost liquidity and trading volumes
- To signal long-term growth confidence
👉 A stock split does not change the company’s fundamentals. Owning 100 shares at ₹100 each is the same as owning 20 shares at ₹500 each.
🔍 Spotlight: The Big Names
Adani Power
- Action: Stock split (₹10 → ₹2)
- Why it matters: Makes the stock more liquid and retail-friendly. Adani Group is known for aggressive capital expansion — this aligns with its growth playbook.
Bajaj Holdings
- Action: Interim dividend ₹65
- Why it matters: Reflects strong profits from investments, especially in Bajaj Auto and Bajaj Finserv.
BEML
- Action: Final dividend ₹1.20
- Why it matters: A defense and rail PSU rewarding shareholders amid Make-in-India tailwinds.
Pidilite
- Action: 1:1 bonus
- Why it matters: Brand leader in adhesives (Fevicol). Bonus signals consistent growth and investor-friendly policies.
Nazara Technologies
- Action: 1:1 bonus + stock split (₹4 → ₹2)
- Why it matters: Gaming and e-sports are sunrise sectors. Nazara’s corporate actions increase liquidity just as retail enthusiasm grows.
📚 What You Should Remember
- Dividends = instant cash, but prices adjust.
- Bonuses = more shares, no extra wealth but improved liquidity.
- Splits = affordable shares, higher trading activity.
- Don’t get swayed by “free” shares. Always check fundamentals.
👉 Think of these actions like slicing a pizza. Whether you cut it into 4 or 8 pieces, it’s still the same pizza. What matters is the quality of the pizza (the company), not how it’s sliced.
