Corporate actions are actions taken by a company that directly impact the shareholders' value. These events bring material changes to a company and affect its stakeholders. Corporate actions can be monetary, such as dividends, or non-monetary, such as bonus issues, rights issues, or stock splits.
The different types of corporate actions include:
- Rights issue
- Dividend
- Stock Split
- Conversion of debentures into shares
- Amalgamation
- Merger
- Demerger
- Capital reduction / Consolidation of shares
- Buy Back
- Bonus
- Open Offer
Information about corporate actions announced by a company is communicated to shareholders by the company itself. If you are not a shareholder, details can be accessed from the NSE and BSE websites.