Whalesbook
Investor focus sharpens next week, March 23-27, 2026, as at least 12 Indian companies are set to trade ex-date for significant corporate actions. These events, including dividend payouts, bonus share issuances, and stock splits, are expected to influence trading activity and stock performance.
Dividend Payouts
Among the dividend payouts, India Glycols and Gujarat Intrux will offer the highest interim dividends at ₹7.50 per share, with record dates on March 23 and March 25, respectively. Castrol India goes ex-dividend for ₹5.25 per share on March 23, and Power Finance Corporation (PFC) will pay ₹3.25, also ex-date March 23. Samvardhana Motherson International is set to distribute ₹0.35 per share by March 27. Additionally, Angel One's board will review its second interim dividend for FY 2025-26, with a March 27 record date. Vedanta's board meets March 23 to decide on its third interim dividend, possibly setting a March 28 record date.
Bonus Share Announcements
Shareholders looking to boost their stake can watch Kilitch Drugs India and Times Green Energy (India), which trade ex-date for bonus issues on March 24. Both companies are issuing a 1:1 bonus ratio, giving shareholders one new share for each share held.
Stock Split Adjustments
Stock splits are also planned. Manbro Industries and V2 Retail will each conduct a 10-for-1 split, turning each ₹10 face value share into ten ₹1 shares. Manbro Industries has a record date of March 25, and V2 Retail on March 26. Avax Apparels and Ornaments will execute a 2-for-1 split, reducing the face value from ₹10 to ₹5, with a record date of March 27.
Market Focus
These corporate actions are likely to attract considerable investor attention and could boost trading volumes. Investors should track these dates carefully to manage dividend entitlements, bonus shares, and stock split benefits, while understanding the price adjustments that happen on ex-dates.