Upcoming Stock Splits and Bonus Issues This Week: MCX, A-1, Avasara Finance Among Key Corporate Actions
Several listed companies are set to witness important corporate actions this week, including stock splits, bonus issues, rights issues, and trading status changes. According to data available on the BSE platform, at least six companies will trade ex-date for different corporate actions between the end of December 2025 and the first week of January 2026.
Corporate actions such as stock splits and bonus issues often attract investor attention as they impact share liquidity, face value, and shareholder eligibility.
MCX Stock Split: Record Date on January 2
Multi Commodity Exchange of India (MCX) has fixed Friday, January 2, 2026, as the record date for its proposed stock split.
- Existing structure:
One equity share of face value ₹10 - Post-split structure:
Five equity shares of face value ₹2 each
Shareholders holding MCX shares as of the record date will be eligible for the subdivision. While a stock split does not change the company’s overall valuation, it usually improves affordability and trading liquidity.
A-1 Ltd: Bonus Issue and Stock Split Update
Chemical manufacturing company A-1 Ltd has announced two separate corporate actions:
Bonus Issue
- Bonus ratio: 3:1
- Record date: Wednesday, December 31, 2025
- Shareholders will receive three bonus shares for every one existing share held.
Stock Split (Record Date Revised)
- Original face value: ₹10
- Revised face value: ₹1
- Split ratio: 1:10
- New record date: Thursday, January 8, 2026
The company revised the stock split record date due to overlap with the bonus issue process.
Avasara Finance: Rights Issue in Focus
Avasara Finance Ltd will trade ex-date on January 1, 2026, for its rights issue of equity shares. Rights issues allow existing shareholders to buy additional shares, usually at a discounted price, in proportion to their holdings.
Magnanimous Trade & Finance: High-Ratio Bonus Issue
Magnanimous Trade & Finance Ltd has announced a 23:1 bonus issue, making it one of the highest bonus ratios this week.
- Ex-date and record date: January 2, 2026
This means eligible shareholders will receive 23 bonus shares for every one share held, significantly increasing the number of outstanding shares.
Alps Industries: Trading Status Update
Alps Industries Ltd will trade ex-date on January 2, 2026, in connection with a resolution plan and suspension-related corporate action. Investors should closely track exchange announcements regarding trading status and compliance developments.
Caspian Corporate Services: Share Consolidation
Caspian Corporate Services Ltd completed its share consolidation process with an ex-date of December 29, 2025. Share consolidation reduces the number of outstanding shares by increasing the face value per share.
Complete List of Corporate Actions This Week
| Company Name | Ex-Date | Corporate Action | Record Date |
|---|---|---|---|
| Caspian Corporate Services Ltd | Dec 29, 2025 | Share Consolidation | Dec 29, 2025 |
| A-1 Ltd | Dec 31, 2025 | Bonus Issue (3:1) | Dec 31, 2025 |
| Avasara Finance Ltd | Jan 01, 2026 | Rights Issue | Jan 01, 2026 |
| Alps Industries Ltd | Jan 02, 2026 | Resolution Plan / Suspension | Jan 02, 2026 |
| Magnanimous Trade & Finance Ltd | Jan 02, 2026 | Bonus Issue (23:1) | Jan 02, 2026 |
| MCX | Jan 02, 2026 | Stock Split (₹10 → ₹2) | Jan 02, 2026 |
TCS Dividend Watch: Board Meeting on January 12
In a separate development, Tata Consultancy Services (TCS) has announced that its board will meet on January 12, 2026, to:
- Approve quarterly financial results for the period ended December 31, 2025
- Consider the declaration of the third interim dividend
If approved, the dividend will be paid to shareholders whose names appear on company records as of January 17, 2026, the fixed record date.
What Investors Should Keep in Mind
- Corporate actions affect eligibility, not instant profits
- Ex-date is crucial—shares must be bought before the ex-date to qualify
- Bonus issues and stock splits increase share count but do not change intrinsic value
- Always check exchange filings and company announcements
Conclusion
The final week of December 2025 and the first trading days of January 2026 are packed with significant corporate actions across multiple stocks, including MCX, A-1 Ltd, Avasara Finance, and Magnanimous Trade & Finance. Investors tracking stock splits, bonuses, and rights issues should pay close attention to ex-dates and record dates to avoid missing eligibility.
