Upcoming Ex-Date and Corporate Actions in India: Dividends, Rights Issues, and Demerger
World Finance
Ten listed stocks are set to trade ex-date between the September 28 to October 2 sessions. The list includes corporate actions such as dividends, bonus issues, a demerger, and a rights issue. Widely tracked names in focus include Natco Pharma, Indraprastha Gas, and Steel Authority of India Ltd (SAIL).
Across the window, six stocks are due to turn ex-dividend and two are set to go ex-bonus. K M Sugar Mills has a spin-off with a 1:5 ratio. Natco Pharma has also fixed a record date to identify eligible holders for a 2:21 rights entitlement.
K M Sugar Mills has fixed October 2 as the record date for the distillery division spin-off. The demerger scheme takes effect from October 1 onward. Eligible investors will receive 1 equity share of KM Spirits and Allied Industries for every five equity shares held in K M Sugar Mills.
Natco Pharma is running a rights issue of up to Rs 1,279.36 crore. The company plans to issue up to 17,058,082 fully paid-up equity shares. The issue price is Rs 750 per share. The record date is October 1, and subscriptions run from October 12 to October 22.
Two stocks are scheduled to turn ex-bonus next week, both at a 1:1 ratio. Aastha Spintex has fixed September 28 as the record date to decide eligibility. Maestros Electronics & Telecommunications Systems has fixed October 1 as the record date for the same purpose.
A 1:1 bonus issue means investors receive one free share for each held share. Bonus shares are issued without cost to shareholders. Under this action, companies issue new shares at the existing face value. As a result, the face value stays unchanged after the bonus issue.
Record date and ex-date list for dividend stocks
Six companies are set to go ex-dividend during the week. Saraswati Saree Depot Ltd has the highest payout at Rs 3 per share. The list also includes Steel Authority of India Ltd and Indraprastha Gas Ltd. The table captures the announced dates and dividend amounts.
/img/2026/09/bonusdividendsrightsissuespinoffs1-45081790401189.jpg "Upcoming Ex-Date Actions in India Sept 2026")
| Company | Key date type | Date | Dividend type | Amount (Rs per share) | Leo Dryfruits & Spices Trading Ltd | Ex-date | September 29, 2026 | Final | 0.50 |
|---|---|---|---|---|
| Steel Authority of India Ltd | Ex-date | September 30 | Final | 2.35 |
| Saraswati Saree Depot Ltd | Record date | September 30 | Interim | 3 |
| Goenka Business & Finance Ltd | Ex-date | October 1 | Final | 0.50 |
| Indraprastha Gas Ltd | Record date | October 1 | Dividend | 1.50 |
| Sainik Finance & Industries Ltd | Record date | October 1 | Interim | 0.50 |
Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as “we”). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.
These corporate actions rely on the announced ex-dates and record dates for eligibility. The September 28 to October 2 schedule includes two 1:1 bonus issues, six dividend events, a K M Sugar Mills demerger in a 1:5 ratio, and Natco Pharma’s Rs 1,279.36 crore rights issue with a 2:21 entitlement ratio.
