Whalesbook
Several Indian companies are set to capture investor attention on May 21, 2026, as their shares trade ex-date for key corporate actions. ITC Hotels, GM Breweries, Pearl Global Industries, and AVG Logistics will all observe this date, impacting eligibility for dividends and rights issues. Investors seeking to benefit must hold shares before the market opens on May 21.
Dividend Payouts Drive Focus
GM Breweries leads with a final dividend of ₹9 per share, setting May 21, 2026, as the record date for eligible shareholders. Pearl Global Industries follows with an interim dividend of ₹8.50 per share, also using May 21, 2026, as its record date. ITC Hotels has announced a dividend of ₹1 per share, with its record date also fixed for May 21, 2026. These payouts aim to reward shareholders and could influence trading activity.
AVG Logistics Rights Issue Details
AVG Logistics is proceeding with a rights issue of equity shares. The company's board has approved the issuance of up to 36,50,356 fully paid-up equity shares. These shares will be offered at ₹145 each, including a ₹135 premium, potentially raising up to ₹52.93 crore. The rights issue ratio is set at 8:33, granting shareholders 8 new shares for every 33 shares held as of the May 21, 2026, record date. This move is intended to strengthen the company's capital structure.