Shares of Marksans Pharma Ltd., Mazagon Dock Shipbuilders Ltd., Natco Pharma Ltd., NIIT Learning Systems Ltd., NIIT 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 20, 2026.
| Security Name | Purpose |
| B.R.Goyal Infrastructure Ltd. | Final Dividend - Rs. - 0.2500 |
| Coastal Corporation Ltd. | Final Dividend - Rs. - 0.2800 |
| Dai-Ichi Karkaria Ltd. | Final Dividend - Rs. - 1.5000 |
| Kama Holdings Ltd. | Interim Dividend - Rs. - 22.2500 |
| Kuantum Papers Ltd. | Final Dividend - Rs. - 2.5000 |
| La Opala RG Ltd. | Final Dividend - Rs. - 5.0000 |
| Marksans Pharma Ltd. | Final Dividend - Rs. - 0.9000 |
| Mazagon Dock Shipbuilders Ltd. | Final Dividend - Rs. - 4.6200 |
| Munjal Auto Industries Ltd. | Final Dividend - Rs. - 1.0000 |
| Natco Pharma Ltd. | Interim Dividend - Rs. - 1.5000 |
| NIIT Ltd. | Final Dividend - Rs. - 1.0000 |
| NIIT Learning Systems Ltd. | Final Dividend - Rs. - 3.2500 |
| OCCL Ltd. | Final Dividend - Rs. - 1.8000 |
| Shiva Texyarn Ltd. | Dividend - Rs. - 0.6000 |
| Sukhjit Starch & Chemicals Ltd. | Final Dividend - Rs. - 1.0000 |
T+1 Settlement Cycle
Given India's T+1 settlement cycle, shares purchased on the record date (August 20 in this case) will not be eligible for the dividend payment. Therefore, investors who own shares by August 19 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.
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