Investing Corporate action Marketwatch Kite

Event tag on the Kite marketwatch

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The event tag on a Kite marketwatch scrip row is a small calendar or briefcase glyph that flags an upcoming corporate action on that instrument. It is one of the most useful pieces of contextual information surfaced by Kite, because corporate actions often produce the LTP discontinuities and apparent “errors” that retail investors then report as bugs.

Where the event tag appears

On Kite web , the event tag is a small icon at the right edge of the scrip row, between the LTP and the change column. Hovering the icon shows a tooltip with the event type and the date. On the Kite mobile app , the icon appears in the row and the tap-down quote screen shows the expanded event card.

Event types tagged

Event typeWhat it indicatesHow it affects price
DividendEx-dividend date approachingLTP drops by approximately the dividend amount on ex-date
Bonus issueEx-bonus date approachingLTP adjusts; investor receives additional shares
Stock splitFace value reductionLTP and share count adjust proportionally
Rights issueRights record date approachingLTP adjusts; rights entitlement letter sent separately
BuybackTender or open-market buyback in progressPrice typically firms toward buyback floor
Merger / demergerScheme of arrangement record datePrice reflects expected deal value; demerger creates new ticker
AGMAnnual General Meeting dateInformational; no price impact intrinsically
Board meetingResult declaration or other agendaPossible volatility around announcement
DelistingDelisting offer or compulsory delistingTrading halts after a notice period

Reading the event details

Clicking the event icon opens a pop-up with the structured details:

  • Event type: Dividend / Bonus / Split / Rights / etc.
  • Record date: The cut-off date for shareholders to be eligible.
  • Ex-date: The first trading date when the stock trades without the entitlement.
  • Amount or ratio: For dividend, the per-share rupee amount; for bonus, the share ratio (e.g., 1:1); for split, the new face value.
  • Announcement source: Usually a link to the BSE / NSE filing PDF.

For more complex events (mergers, demergers), the pop-up summarises the key terms and links to the original scheme of arrangement document.

Why the event tag matters

Ex-date price drops

On the ex-dividend / ex-bonus / ex-split date, the LTP drops by the entitlement amount, not because of any selling pressure but because the stock now trades without the entitlement. Without the event tag, an investor sees a price drop and assumes something is wrong. The event tag explains the drop in advance.

Holdings P&L appears to shrink

If you hold the stock on the ex-date, your holdings P&L on Kite may show a sudden drop equal to the dividend / bonus impact. This is a display artefact ; the corresponding cash credit (dividend) or share credit (bonus) lands in your account separately.

F&O contract adjustments

For stocks with active F&O contracts, corporate actions trigger contract-level adjustments by NSE clearing. The marketwatch event tag flags the underlying event; the adjusted contract specifications are published by NSE on the same day.

Calendar view of all upcoming events

Kite does not currently expose a portfolio-wide event calendar in the marketwatch UI. To see all upcoming events across your holdings, use:

  • Console: Portfolio > Holdings > corporate actions tab.
  • NSE corporate actions page: Public listing of all NSE-listed corporate actions.
  • BSE corporate announcements: Public BSE filings.

See also

External references

References

  1. NSE India, Corporate actions calendar, nseindia.com.
  2. BSE India, Corporate announcements, bseindia.com.
  3. Zerodha Support, Corporate action display on Kite, support.zerodha.com.
  4. SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, schedule III, part A.

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