NSE Corporate Actions
What's coming up for NSE-listed stocks — and the last day you can buy to qualify.
🗓️ Loading corporate actions…
| Stock | Action | Amount | Ex-date | Buy by | Link |
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From BSE's own filings, live. An action belongs to the company, so it applies to the NSE line of the same stock too. Yield and Buy by are our calculations — “buy by” is the last trading session before the ex-date. ⚠️ Yield divides by our weekly quotes snapshot (rebuilt Sundays), so on a stock that has moved since then the percentage is approximate — the filings are live, the price behind the yield is not. Educational, not advice.
Three things people try around corporate actions — and one that actually works.
Buy before the ex-date, collect the dividend
The price falls by roughly the dividend. You are moving money from one pocket to another.
Since FY21 the dividend is taxed at your slab rate, while the price fall is a capital loss you may not be able to use. And Section 94(7) blocks it explicitly: buy within 3 months before the record date, sell within 3 months after, and your loss is disallowed up to the dividend received. The tax code was written for exactly this trade.
Buyback tender offers
A genuine retail edge — until October 2024 changed the tax.
Small shareholders (holdings up to ₹2 lakh) get a reserved 15% quota, so acceptance ratios really do favour retail. But from 1 October 2024 proceeds are taxed as a deemed dividend at your slab rate, with your cost of acquisition becoming a capital loss. A tax-planning decision now, not a premium play.
Bonus / split announcement pop
About +1.8% for bonus and +0.8% for splits — then it reverses.
Those are measured abnormal returns around the announcement in Indian data, but the same research finds significant negative returns in the longer window after. A pop, not a trend — and the action itself creates no value: the same pie, cut into more slices.
Don't get fooled by a fake crash
A corporate action looks exactly like a collapse to any price screener.
Our own F&O data logged VEDL printing 773.55 → 271.55 (−64.9%) — a demerger, not a crash — which generated bearish setups for a fall that never happened. Check this page before you trust a big move.
This is where the durable money is — not in timing the ex-date.
Bonus shares: cost is nil, and the clock restarts
Sell them a day early and you pay tax on the whole sale value, at the higher rate.
Bonus shares have a cost of acquisition of ZERO (Sec 55(2)(aa)), so the entire sale value is a capital gain — there is nothing to deduct. And the 12-month clock runs from the bonus allotment, not your original purchase.
STCG, on the full proceeds
LTCG, ₹1.25 L exempt a year
A split is not a bonus
A split is tax-neutral. A bonus quietly resets your holding clock.
In a split your cost basis simply divides across the new shares and your holding period is retained from the original purchase. Most people assume the two behave the same way. They do not.
Dividend & bonus “stripping”
Both loopholes are closed — the loss is simply disallowed.
Sec 94(7) disallows the loss on dividend stripping. Sec 94(8) does the same for bonus stripping — the loss is ignored and added to the bonus shares' cost instead. Budget 2022 extended this from mutual-fund units to shares, from 1 April 2023.
Buyback: the loss is the valuable part
Income at slab rate, but a capital loss you can carry forward 8 years.
Post-October-2024, tendering gives you income taxed at slab and a capital loss equal to your full cost of acquisition — which can offset other capital gains. For someone sitting on gains elsewhere, that is a real planning tool.
General information, not tax advice — rules change, and your slab, holding period and other income all matter. Confirm with a qualified advisor before acting.