Shares of Gillette India Ltd., National Aluminium Company Ltd. (NALCO), Senco Gold Ltd., SJVN Ltd., and more will be on interest on Wednesday as the day marks the last session for retail investors to buy shares to qualify for receiving the dividend before the stock goes ex/record-date.
The record date determines the eligible shareholders who will receive the dividend payment. The ex-dividend date, which mostly coincides with the record date, marks when the share price adjusts to reflect the upcoming payout. The record date for the following list is August 24, 2026.
| Security Name | Purpose |
| AMJ Land Holdings Ltd. | Dividend - Rs. - 0.2000 |
| Gillette India Ltd. | Final Dividend - Rs. - 60.0000 |
| GK Energy Ltd. | Final Dividend - Rs. - 0.5000 |
| International Gemological Institute Ltd. | Interim Dividend - Rs. - 2.5500 |
| India Pesticides Ltd. | Dividend - Rs. - 0.7500 |
| National Aluminium Company Ltd. | Final Dividend - Rs. - 1.0000 |
| Naturewings Holidays Ltd. | Final Dividend - Rs. - 1.6000 |
| Pudumjee Paper Products Ltd. | Dividend - Rs. - 0.6000 |
| Senco Gold Ltd. | Final Dividend - Rs. - 1.0000 |
| SJVN Ltd. | Final Dividend - Rs. - 0.3500 |
T+1 Settlement Cycle
Given India's T+1 settlement cycle, shares purchased on the record date (August 24 in this case) will not be eligible for the dividend payment. Therefore, investors who own shares by August 21 will be the beneficiaries, since it is Friday and markets are closed on the weekends.
Dividends are a way for companies to reward shareholders. It is the portion of profits that a company distributes to its shareholders and is essentially a return on the investment shareholders make in the company's equity. Such payments are made through final, interim, and special dividends.
Dividends are taxable in the hands of the shareholders, and companies are no longer required to pay the Dividend Distribution Tax (DDT). The TDS on dividend income for resident individuals is 10% if the dividend amount exceeds Rs 5,000 in a financial year.
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