Dividend, Stock Split, Bonus Issue: Several companies will trade ex-date on Thursday, October 16, 2025, for corporate actions such as bonus issues, interim dividends, and stock splits. The ex-date is an important marker for investors, as those purchasing shares on or after this date will not be eligible for the announced benefits.
Concord Control Systems Ltd – Bonus issue
Concord Control Systems will trade ex-date for a bonus issue in the ratio of 3:5. This means shareholders will receive three new shares for every five shares held as of the record date. The move aims to reward shareholders and improve stock liquidity.
Elecon Engineering Company Ltd
Elecon Engineering will trade ex-dividend for an interim dividend of Rs 0.50 per share. A dividend is a distribution of a portion of a company’s earnings to its shareholders. This payout is a reward for their investment and serves as a way for the company to share its profits.
Welcure Drugs & Pharmaceuticals Ltd – Bonus issue
The company will also trade ex-date for a bonus issue in the ratio of 1:10, meaning shareholders will get one new share for every ten held. This action is aimed at enhancing shareholder value and improving liquidity.
Welcure Drugs & Pharmaceuticals Ltd – Stock split
In addition to the bonus, Welcure Drugs & Pharmaceuticals will trade ex-date for a stock split from Rs 10 to Rs 1 face value. The split will make the shares more affordable and attract a wider base of retail investors.
Why the ex-date matters
The ex-date determines investor eligibility for corporate benefits such as dividends, bonuses, or stock splits. Only those holding shares before the ex-date qualify for the announced action. After the ex-date, the share price usually adjusts to reflect the value of the corporate benefit — for example, reducing in proportion to a bonus issue or split.