Shares of Lumax Industries Ltd., Rane Holdings Ltd., Tasty Bite Eatables Ltd., Praj Industries 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 list is as follows:
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
| Security Name | Purpose | Record Date |
| Bemco Hydraulics Ltd. | Final Dividend - Rs. - 0.1000 | 06 Aug 2026 |
| Bharat Gears Ltd. | Final Dividend - Rs. - 1.0000 | 06 Aug 2026 |
| Black Rose Industries Ltd. | Interim Dividend - Rs. - 2.0000 | 06 Aug 2026 |
| Hercules Investments Ltd. | Final Dividend - Rs. - 2.5000 | 06 Aug 2026 |
| Infobeans Technologies Ltd. | Special Dividend - Rs. - 0.5000 | 06 Aug 2026 |
| Infobeans Technologies Ltd. | Final Dividend - Rs. - 0.5000 | 06 Aug 2026 |
| Investment & Precision Castings Ltd. | Final Dividend - Rs. - 1.0000 | 06 Aug 2026 |
| Linde India Ltd. | Special Dividend - Rs. - 8.0000 | 06 Aug 2026 |
| Linde India Ltd. | Final Dividend - Rs. - 4.0000 | 06 Aug 2026 |
| Lumax Industries Ltd. | Final Dividend - Rs. - 55.0000 | 06 Aug 2026 |
| Lumax Auto Technologies Ltd. | Final Dividend - Rs. - 5.5000 | 06 Aug 2026 |
| Mindteck (India) Ltd. | Dividend - Rs. - 1.0000 | 06 Aug 2026 |
| Praj Industries Ltd. | Final Dividend - Rs. - 3.6000 | 06 Aug 2026 |
| Rane Holdings Ltd. | Final Dividend - Rs. - 47.0000 | 06 Aug 2026 |
| Tasty Bite Eatables Ltd. | Final Dividend - Rs. - 10.0000 | 06 Aug 2026 |
ALSO READ: Five Stocks To Buy Today: Hindalco, Siemens, Endurance Tech Among Others | August 5
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
T+1 Settlement Cycle
Given India's T+1 settlement cycle, shares purchased on the record date (August 6 in this case) will not be eligible for the dividend payment. Therefore, investors who own shares by August 5 will be the beneficiaries.
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.
ALSO READ: Stock Picks Today: Airtel, Nestle, ONGC, Nykaa, Marico, Pidilite, And More On Brokerages' Radar
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
