This week (Sept 22–26), Adani Power, Bajaj Holdings, BEML, Pidilite, Nazara and others announce dividends, bonuses, and stock splits. Here’s what investors must know.
Why Corporate Actions Matter More Than You Think
If you’ve ever checked your Demat account and wondered why your share count suddenly doubled or why cash got credited overnight, you’ve probably experienced the power of corporate actions. Dividends, stock splits, and bonus issues aren’t just announcements—they shape how wealth grows, how liquidity improves, and how investors stay loyal to companies.

This week (September 22–26, 2025), Indian stock markets are buzzing. More than 100 companies are rewarding shareholders in different ways. Big names like Adani Power, Bajaj Holdings, BEML, Pidilite Industries, and Nazara Technologies are leading the charge with dividends, splits, and bonuses.
But here’s the thing: while headlines capture the “what,” investors need to understand the “why” and “how.” Because knowing the difference between a stock split and a bonus share could literally mean the difference between holding with conviction or selling too early.
Let’s break it all down—simply, clearly, and with real-life examples.
What Are Dividends, Stock Splits, and Bonus Shares?
Before diving into the week’s action, let’s simplify the jargon.
Dividend
A dividend is like your company saying, “Thanks for believing in us. Here’s a slice of the profit.”
- Paid in cash per share
- Signals profitability and confidence
- Example: If you hold 100 shares and a company declares ₹10 dividend, you get ₹1,000 directly in your bank.
Bonus Shares
Think of bonus shares as a pizza shop offering “Buy 1, Get 1 Free.” The company isn’t giving you cash—it’s giving you more slices of the same pie.
- Issued free of cost to existing shareholders
- Improves liquidity and investor sentiment
- Example: A 1:1 bonus means every 1 share becomes 2 shares.
Stock Split
A stock split is more like cutting the same pizza into more slices. Your shareholding value doesn’t change, but the share becomes more affordable.
- Nominal value of share reduces (e.g., ₹10 → ₹2)
- Increases participation from retail investors
- Example: 1 share of ₹10 face value becomes 5 shares of ₹2 each.
Key Companies in Focus This Week (Sept 22–26, 2025)
1. Adani Power: A Stock Split to Unlock Retail Participation
- Action: Stock Split (₹10 face value → ₹2)
- Ex-Date: September 22, 2025
Why it matters:
Adani Power has been one of the most talked-about energy stocks. By splitting shares, the company is making it easier for retail investors to enter at lower per-share prices, boosting liquidity.
👉 Investor takeaway: Splits don’t change company fundamentals, but they often spark short-term enthusiasm.
2. Bajaj Holdings & Investment: Heavy Dividend Player

- Action: Interim Dividend of ₹65 per share
- Ex-Date: September 22, 2025
Why it matters:
This is a hefty dividend payout, signaling strong reserves and confidence. For long-term investors, Bajaj Holdings remains a solid dividend-yield stock.
👉 Investor takeaway: High dividend payouts can attract income-seeking investors but check sustainability before chasing yield.
3. BEML Ltd: Strategic Dividend Distribution
- Action: Final Dividend of ₹1.20 per share
- Ex-Date: September 22, 2025
Why it matters:
As a defense and heavy equipment PSU, BEML’s dividend is modest compared to Bajaj Holdings, but it reflects steady government-backed earnings.
👉 Investor takeaway: Public sector undertakings (PSUs) often provide predictable dividends, making them a steady choice for conservative investors.
4. Pidilite Industries: Bonus Issue That Catches Eyeballs
- Action: 1:1 Bonus Issue
- Ex-Date: September 23, 2025
Why it matters:
Pidilite, the Fevicol-maker, is a household name and a wealth compounder. A bonus issue here isn’t just optics—it improves stock affordability and liquidity.
👉 Investor takeaway: Bonus issues increase psychological comfort among investors but don’t alter fundamentals.
5. Nazara Technologies: Double Bonanza
- Action: 1:1 Bonus Issue + Stock Split (₹4 face value → ₹2)
- Ex-Date: September 26, 2025
Why it matters:
Nazara, a gaming stock often linked with India’s digital boom, is combining both a split and a bonus. That’s like hosting a Diwali sale and giving customers an extra gift hamper.
👉 Investor takeaway: Expect short-term excitement in share price, but evaluate long-term prospects of the gaming sector before diving in.
6. Sandur Manganese & Iron Ores: Mega Bonus Issue
- Action: 2:1 Bonus Issue
- Ex-Date: September 22, 2025
Why it matters:
This is one of the most generous bonus issues this week. Every 1 share becomes 3 shares (original + 2 bonus).
👉 Investor takeaway: Great for liquidity, but metals and mining stocks are cyclical—don’t ignore the demand-supply risks.
Why Are Companies Announcing So Many Rewards Together?

Three big reasons:
- Liquidity Boost: Splits and bonuses make shares accessible to more investors.
- Investor Loyalty: Dividends act as a trust signal—companies rewarding patient shareholders.
- Market Sentiment: Corporate actions often create buzz, attracting short-term traders and long-term investors alike.
It’s almost like cricket teams giving away free tickets and jerseys before a big match—it builds excitement and ensures packed stadiums.
What Investors Should Keep in Mind
Don’t Confuse Value With Quantity
Getting more shares via bonus or split doesn’t increase the company’s earnings. It’s like slicing a cake into more pieces—the cake size is the same.
Dividends Can Signal Strength—but Not Always
Some companies pay dividends to maintain investor trust even when growth is slow. Always check payout ratios and cash flows.
Short-Term Hype vs. Long-Term Value
Markets often rally before the ex-date and settle afterward. Be cautious of chasing the hype cycle.
🧠 What You Should Remember
- Dividends = cash reward
- Bonus shares = free shares
- Stock splits = more affordable shares
- Ex-dates matter—only those holding before ex-date enjoy benefits
- Fundamentals always outweigh corporate action buzz
Conclusion: Opportunity or Noise?
This week’s wave of corporate actions—from Adani Power’s split to Nazara’s double bonanza—offers plenty of buzz for traders and long-term investors alike.
But here’s the bottom line: corporate actions don’t create value—they just reshape how value is distributed. True wealth comes from picking fundamentally strong companies, not chasing every bonus or split.
So, whether you’re a cautious income-seeker watching Bajaj Holdings or a risk-taker eyeing Nazara’s gaming story, remember: the smartest investors don’t just react—they plan.
👉 Over to you: Which of these corporate actions excites you the most this week? Would you prefer steady dividend income or the thrill of bonus/split gains? Share your thoughts below!