September 23, 2026, marks the ex-dividend and record date for multiple companies, creating a crucial deadline for retail investors. According to reports from Essential Business Intelligence, shares of Gujarat Mineral Development Corporation Ltd., Titagarh Rail Systems Ltd., Haleos Labs Ltd., Mishra Dhatu Nigam Ltd., and Talbros Engineering Ltd. will be on interest as this represents the last session for retail investors to buy shares to qualify for receiving dividend payments before the stock goes ex-date. The record date determines eligible shareholders who will receive dividend payments, while the ex-date marks when the share price adjusts to reflect the upcoming payout. As per ET Now, these companies have announced a total dividend payout of ₹4.72 per share across the four stocks.
Several companies are offering substantial dividend payments with Gujarat Mineral Development Corporation Ltd. leading at ₹9.50 per share, followed by Talbros Engineering Ltd. at ₹3.00 per share and Titagarh Rail Systems Ltd. at ₹1.00 per share. As reported by Essential Business Intelligence, other notable dividend amounts include Haleos Labs Ltd. at ₹1.50 per share, Mishra Dhatu Nigam Ltd. at ₹1.25 per share, and Steel Strips Wheels Ltd. at ₹1.50 per share. The complete list includes over 30 companies with various dividend amounts ranging from ₹0.01 to ₹3.50 per share.
Four additional companies are joining the ex-dividend list on September 24, 2026, with Engineers India Ltd. leading at ₹2.50 per share for final dividend, followed by Adtech Systems Ltd. at ₹1.10 per share for final dividend, Shri Venkatesh Refineries Ltd. at ₹1.00 per share for final dividend, and Arfin India Ltd. at ₹0.12 per share for interim dividend. According to ET Now, these companies have announced a total dividend payout of ₹4.72 per share across the four stocks. Under India's T+1 settlement cycle, investors must purchase shares by September 23 to qualify for these dividend payments, as all four companies have fixed Thursday, September 24 as their dividend record date.
Under India's T+1 settlement cycle, shares purchased on the record date will not be eligible for dividend payment, making the deadline crucial for investors. According to Essential Business Intelligence, investors who own shares by September 18 will be the beneficiaries of the dividend payments. The ex-date and record date fall on the same day due to this settlement cycle, ensuring clarity for investors regarding eligibility requirements. For the new ex-dividend stocks, Engineers India Ltd. leads with the highest payout of ₹2.50 per share for final dividend, while Arfin India Ltd. offers the lowest at ₹0.12 per share for interim dividend. As per ET Now, companies fix record dates to determine investor eligibility for corporate actions including dividends, bonus issues, and stock splits, with investors required to own stocks before the record date to become eligible.
