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Several companies will trade ex-dividend, ex-bonus, and ex-split this week, including SBI Cards, Indian Oil, Sun TV Network, Cupid, and Frontier Springs.
Several stocks including SBI Cards, Indian Oil, and Sun TV will trade ex-dividend, while others turn ex-bonus and ex-split this week.
Upcoming Stock Split, Bonus and Dividend: Several listed companies will trade ex-dividend, ex-bonus, and ex-split this week, making it an important period for investors tracking corporate actions.
Stocks including SBI Cards and Payment Services Ltd, Indian Oil Corporation Ltd, and Sun TV Network Ltd will turn ex-dividend, while others such as Cupid Ltd and Frontier Springs Ltd will trade ex-bonus.
Here’s a look at the key corporate actions scheduled for the week.
Stocks Turning Ex-Dividend
A number of companies will trade ex-dividend, meaning investors must hold shares before the ex-date to be eligible for the payout.
Key stocks include:
- Axtel Industries Ltd – Interim dividend of Rs 12 per share (Ex-date: March 9)
- Balmer Lawrie & Company Ltd – Interim dividend of Rs 4.25 per share (Ex-date: March 11)
- Mangalore Refinery and Petrochemicals Ltd – Interim dividend of Rs 4 per share (Ex-date: March 11)
- SBI Cards and Payment Services Ltd – Interim dividend of Rs 2.50 per share (Ex-date: March 11)
- Indian Oil Corporation Ltd – Interim dividend of Rs 2 per share (Ex-date: March 12)
- R Systems International Ltd – Interim dividend of Rs 6 per share (Ex-date: March 12)
- Sun TV Network Ltd – Interim dividend of Rs 1.25 per share (Ex-date: March 12)
- Indian Railway Finance Corporation Ltd – Interim dividend (Ex-date: March 13)
Later this month, DIC India Ltd and Castrol India Ltd will also trade ex-date for their final dividends.
Stocks Turning Ex-Bonus
A few companies will trade ex-bonus, meaning eligible shareholders will receive additional shares.
- Cupid Ltd – Bonus issue 4:1 (Ex-date: March 9)
- Macfos Ltd – Bonus issue 1:10 (Ex-date: March 10)
- Frontier Springs Ltd – Bonus issue 2:1 (Ex-date: March 13)
Under a bonus issue, shareholders receive extra shares free of cost in proportion to their holdings.
Stocks Turning Ex-Split
Two companies will also trade ex-split during the week.
TANFAC Industries Ltd – Stock split from Rs 10 face value to Rs 5 (Ex-date: March 9)
Hindusthan Urban Infrastructure Ltd – Stock split from Rs 10 to Rs 2 (Ex-date: March 13)
Stock splits increase the number of shares while lowering the face value, often improving liquidity.
Rights Issues Also Coming Into Effect
Some companies will also trade ex-rights this week.
These include:
- BCC Fuba India Ltd
- Prabha Energy Ltd
- Vertex Securities Ltd
Rights issues allow existing shareholders to buy additional shares at a predetermined price, usually at a discount.
What Investors Should Know
When a stock trades ex-date, buyers purchasing the shares on or after that date will not be eligible for the dividend, bonus shares, or other benefits tied to the record date.
Investors must therefore own the shares before the ex-date to qualify for these corporate actions because of T-1 system in India.
Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
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March 08, 2026, 12:34 IST
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