The Indian equity markets are gearing up for an incredibly busy session as a wave of high-profile corporate actions takes the centre stage. The markets will be closed tomorrow, May 28, 2026, on account of Bakri Id, making today’s session crucial for investing in stocks that have their ex-date on May 29, 2026.

Under the current T+1 settlement cycle, to qualify for any announced dividends, bonus shares, buybacks, or any other corporate action, an investor must buy the shares at least one trading day prior to the ex-date, so that they hold the shares as of the record date. 

LIC’s Bonus Issue

State-owned insurance behemoth LIC announced its first-ever bonus issue alongside robust results. The ratio for this issue is 1:1, which means that shareholders who hold the shares as of the record date will receive one new fully paid-up equity share for every one existing share held as of the record date.

Life Insurance Corporation of IndiaLICI₹829.30 -2.99%

LIC will be utilising ₹6,326 crore from its free reserves for this issue, which is aimed at boosting liquidity and widening retail participation. The bonus shares will be allotted on Monday, June 01, 2026.

The company’s board has also recommended a final dividend of ₹10 per equity share of ₹10 each (face value) for the Financial Year 2025-26 after considering the Bonus Shares issue. This is equivalent to ₹20 per equity share pre-bonus issue basis. June 25, 2026 is set as the Record Date for the proposed final dividend.

Share Buybacks

Zydus Lifesciences Ltd. 

Zydus Lifesciences Ltd.ZYDUSLIFE₹1,083.70 +0.43%

The pharmaceutical company’s board approved the buyback on May 19, 2026.

  • Buyback Price: ₹1,150 per equity share.  
  • Total Issue Size: An aggregate capital commitment not exceeding ₹1,100 Crore.  
  • Volume Size: Repurchasing a maximum of 95,65,217 fully paid-up equity shares (face value of ₹1 each). 
  • Ex-Date & Record Date: Friday, May 29, 2026.
  • Capital Percentage: This buyback volume represents up to 0.95% of the total paid-up equity share capital of the company as of March 31, 2026.

Dhanuka AgriTech Ltd.

The agritech company’s buyback was also approved by its board of directors on May 19, 2026.

  • Buyback Price: ₹1,400 per equity share.
  • Total Issue Size: An aggregate valuation up to ₹70.00 Crore.
  • Volume Size: Repurchasing up to 500,000 fully paid-up equity shares (face value of ₹2 each).
  • Ex-Date & Record Date: Friday, May 29, 2026. 
  • Capital Percentage: The allocation constitutes 4.20% of the total aggregate paid-up equity capital and free reserves of the company based on audited statements as of March 31, 2026. This represents approximately 1.11% of the total outstanding equity share volume.