Akzo Nobel India Ltd., Brigade Enterprises Ltd., Container Corp, Grasim Industries Ltd., ICICI Bank Ltd., InterGlobe Aviation Ltd., Jio Financial Services Ltd., Page Industries Ltd. are some of the companies who will pay their dividends this week.
Akzo Nobel India and Pidilite Industries Ltd. will pay special dividend of Rs 156 per share and Rs 10 per share, respectively. Eleven companies including NBCC (India) Ltd., GPT Infraprojects Ltd., Castrol India Ltd. will pay interim dividend.
To be eligible for dividends, investors should take note of the record date, which determines shareholder eligibility.
Under India's T+1 settlement cycle, shares purchased on the record date itself will not qualify for the dividend payment. The ex-dividend date, which falls before the record date, marks when the share price adjusts to reflect the upcoming payout.
Here is a look at companies that declared final and interim dividend dates:
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