Nearly 50 companies including Titan Company, JSW Steel, and Sun Pharma will trade ex-date for dividends and bonus issues between July 6 and July 10, 2026. Investors must hold shares before the record date to qualify for these corporate benefits.
The Indian stock market is gearing up for a week of significant corporate activity, with nearly 50 companies scheduled to trade ex-date for various corporate actions between July 6 and July 10, 2026. When a stock trades ex-date, the price is typically adjusted to reflect the upcoming dividend, bonus, or stock split, and new buyers from this date onwards are not entitled to the announced benefits.
Dividends and Bonus Issues Across Major Sectors
The week kicks off with smaller distributions, but momentum builds by Tuesday, July 7. JSW Steel is set to go ex-dividend for a final payout of Rs 7.1 per share, while Sun Pharma will trade ex-dividend for Rs 5 per share. On the same day, V Marc India will trade ex-date for a 5:1 bonus issue, meaning eligible shareholders will receive five additional shares for every one held. Investors should note that while bonus issues increase the number of shares and improve liquidity, they do not change the company's overall market value.
Mid-week activity includes major payouts on Wednesday, July 8, where Mphasis will go ex-dividend for Rs 62 per share and United Spirits for Rs 11 per share. Gujarat Inject (Kerala) is also scheduled to trade ex-date for a 1:10 stock split, which will divide the face value of each share by ten.
Busy End to the Trading Week
Titan Company is scheduled to trade ex-dividend for Rs 15 per share on Thursday, July 9. The week concludes on Friday, July 10, with a high volume of corporate actions. Notable payouts include BSE at Rs 10 per share, Dr. Reddy’s Laboratories at Rs 8 per share, and Nestle India at Rs 5 per share. Axis Bank will also go ex-dividend for Rs 1 per share. Additionally, Goldiam International will trade ex-date for a 1:3 bonus issue on Friday.
What Investors Should Know About Record Dates
To be eligible for these payouts, investors must own the company’s shares before the ex-date. The record date, which is usually the same day or the day after the ex-date, is the deadline set by the company to determine which shareholders are officially on the books to receive the dividend or bonus.
For investors, these corporate actions represent cash inflows or changes in share count, but they should not be viewed as extra value creation by the company. When a company pays a dividend, the share price usually drops by approximately the same amount on the ex-date. Similarly, a stock split or bonus issue increases the share count but proportionally reduces the price per share. Investors should track these dates to manage their portfolios and understand the upcoming changes in their share holdings or cash positions.