Rs 16.3 Dividend, 5:40 Bonus, Rights Issue: Many listed companies are scheduled to ex-date on January 23, 2026. These stocks will trade without rights to dividends, bonus shares or rights issue from that day onwards. Investors must purchase shares before the ex-date to be eligible for these corporate benefits.
Why does the prior date matter?
Ex-date is the cut-off date decided by the stock exchanges. If an investor buys the stock on or after the ex-date, they will not be eligible for the declared dividend, bonus or rights issue. To qualify, shares must be purchased at least one trading day before the ex-date, so that the investor’s name appears in the company’s records on the record date.
Central Bank of India
The Central Bank of India will declare its third interim dividend on January 23. The bank has declared an interim dividend of Rs 0.20 per equity share of face value Rs 10. Eligible shareholders, whose names appear on the record date of January 23, will get Rs 0.20 per share.
DCM Shriram Limited
DCM Shriram has declared a second interim dividend of Rs 3.60 per equity share, which is 180 per cent, for FY 2025-26. The company has fixed the record date as 24 January 2026. The stock will trade ex-dividend the day before the record date, making January 23 an important date for investors tracking this payment.
Galaxy Agrico Exports Limited
Galaxy Agrico Exports is nearing the deadline for its rights issue. The company is planning to raise around Rs 48.99 crore through the rights issue. Shareholders will be eligible to apply for 5 right shares for every 1 share at the issue price of Rs 35.87 per share. Only investors holding shares before the ex-date will be eligible to participate in the rights issue.
Havells India Limited
Havells India has set the record date for its interim dividend as January 23, 2026. The company has declared an interim dividend of Rs 4 per equity share of face value Rs 1, which is 400 per cent. The dividend will be paid on or before February 17, 2026.
Jonjua Overseas Limited
The bonus issue of Jonjua Overseas will be ex-dated on January 23. The company has announced bonus issue in the ratio of 5:40. This means shareholders will receive 5 bonus shares for every 40 shares held. Shares purchased on or after the earlier date will not be eligible for the bonus. The bonus shares are expected to be credited around January 28, 2026.
Oberoi Realty Limited
Oberoi Realty has set January 23 as the record date for its third interim dividend for FY 2025-26. The company has declared a dividend of Rs 2 per equity share. The dividend payment is scheduled on or before February 5, 2026.
Suraj Limited
Suraj Limited has declared an interim dividend of Rs 1.50 per equity share of face value Rs 10, which is 15.00 per cent. January 23, 2026 has been set as the record date, making the stock go ex-dividend around this date.
Tips Music Limited
Tips Music has recommended a third interim dividend of Rs 5 per equity share. The board has fixed the record date as January 23, 2026. The dividend will be paid on or before February 13, 2026.