A total of 25 listed Indian companies, including Hyundai Motor India, Vedanta Aluminium Metal, Bayer CropScience, and Berger Paints, are scheduled to go ex-dividend on August 5, 2026. With cumulative payouts exceeding Rs 430 per share, investors must hold shares prior to August 5 to receive dividend benefits.
MUMBAI, India — Equity markets in India are bracing for a busy corporate action session on Wednesday as 25 listed companies, including Hyundai Motor India Limited, Vedanta Aluminium Metal Limited, and Berger Paints India Limited, are scheduled to trade on an ex-dividend basis on August 5, 2026. Under the country’s T+1 settlement mechanism, investors buying shares of these companies on or after August 5 will no longer be eligible to receive the latest corporate payout declared for the recent financial periods.
Cumulative corporate payouts across the 25 participating companies total over Rs 430 per share. This mid-week concentration of ex-dates highlights robust corporate cash flows and sustained shareholder payout strategies across major sectors, including automotive, healthcare, chemicals, real estate, and consumer goods.
Major Auto and Industrial Players Lead Payout Volume
Automotive and industrial giants account for a significant share of the total dividend distribution taking place on August 5. Leading auto manufacturer Hyundai Motor India Limited is going ex-dividend for a final dividend of Rs 21 per share. The company's announcement comes as auto sector constituents continue to maintain strong capital return programs for retail and institutional investors.
In the industrial and metals space, Vedanta Aluminium Metal Limited will trade ex-date for an interim dividend of Rs 8 per share. Meanwhile, automotive components supplier Automotive Axles Limited and tire maker Goodyear India Limited have set August 5 as their ex-date for final payouts of Rs 32 per share and Rs 26.50 per share, respectively.
Infrastructure developer IRB Infrastructure Developers Limited is also going ex-dividend on August 5 for an interim payout of Rs 0.05 per share.
High-Value Payouts in Pharmaceuticals, Agrochemicals, and Paints
Engineering firm Disa India Limited heads the list with the single highest per-share payout among the 25 firms going ex-dividend on August 5, declaring a final dividend of Rs 200 per share.
In the agrochemical sector, Bayer CropScience Limited will turn ex-date for a final dividend of Rs 60 per share. The company had previously declared the dividend following its board meeting in May, taking its total dividend payout for the financial year to Rs 150 per share.
Specialty pharmaceuticals player Ajanta Pharma Limited has fixed August 5 as the ex-date for an interim dividend of Rs 32 per share on a face value of Rs 2 each, translating to an aggregate cash outlay of approximately Rs 400 crore to eligible shareholders.
Kolkata-headquartered decorative paint manufacturer Berger Paints India Limited will trade ex-dividend for a final dividend payout of Rs 4 per share (face value Re 1). Market analysts note that this represents one of the highest cash distribution metrics from the company in recent years. Real estate operator Brigade Enterprises Limited will also go ex-date on August 5 with a final dividend of Rs 2 per share.
Additional Mid-Cap and Small-Cap Corporate Actions
Beyond the headline names, multiple mid-cap and specialty manufacturing enterprises will join the list of companies turning ex-dividend on August 5:
Gandhi Special Tubes Limited: Final dividend of Rs 15.00 per share.
Matrimony.com Limited: Final dividend of Rs 5.00 per share.
Munjal Showa Limited: Final dividend of Rs 4.50 per share.
Fermenta Biotech Limited: Final dividend of Rs 3.75 per share.
Sika Interplant Systems Limited: Final dividend of Rs 3.50 per share.
Somany Ceramics Limited: Final dividend of Rs 2.00 per share.
TD Power Systems Limited: Final dividend of Rs 1.10 per share.
Updater Services Limited: Interim dividend of Rs 1.00 per share.
Other listed firms trading ex-dividend on the same day include ADF Foods, Anuh Pharma, Indag Rubber, Indef Manufacturing, Mukesh Babu Financial Services, Oriental Aromatics, and Shreyans Industries.
Mechanics of Ex-Dividend Dates and T+1 Settlement
The ex-dividend date represents the cut-off point on which a stock begins trading without the value of its upcoming dividend payment attached. Under India's T+1 (Trade plus One day) settlement regime, trade clearing occurs within one business day.
To receive the payout, an investor's name must be reflected in the official depository records of the National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL) on or before the specified record date. Consequently, investors buying shares on August 5 or later will not qualify for these declared payouts. On the ex-date, the stock price typically adjusts downward by an amount roughly equivalent to the dividend value per share during market opening.
Official Sources Section
The corporate action details and record date schedules have been compiled according to official exchange disclosures:
Regulatory filings submitted to the Bombay Stock Exchange (BSE) under SEBI (LODR) Regulations.
Official corporate market bulletins provided by the National Stock Exchange of India (NSE).
Investor relations statements issued by Hyundai Motor India, Berger Paints India, and Bayer CropScience.
Official Statement
According to market announcements filed with stock exchanges, company boards confirmed that eligibility for final and interim payouts will be determined strictly based on registered holdings as of the record date. Officials stated that dividend disbursements will be processed electronically into credited bank accounts within the statutory 30-day period following approval or record verification.
Why It Matters
Dividend distributions provide a direct measure of corporate liquidity and earnings distribution. For retail investors and fund managers, tracking ex-date calendars ensures proper portfolio positioning and dividend yield capture. Additionally, systematic payouts across diversified sectors reflect corporate balance sheet resilience amidst shifting macroeconomic conditions.
Key Facts at a Glance
Event Date: August 5, 2026 (Ex-Dividend Date for 25 Companies).
Total Cumulative Payout: Over Rs 430 per share across participating firms.
Highest Single Payout: Disa India Limited at Rs 200 per share.
Major Automobile Leader: Hyundai Motor India Limited paying Rs 21 per share.
Settlement Rule: T+1 cycle requires share purchase prior to August 5 to claim payout.
Frequently Asked Questions (FAQ)
What happens if I buy shares on August 5?
If you buy shares on or after the ex-dividend date of August 5, 2026, you will not receive the declared dividend. The payout goes to the seller whose name was recorded on the cut-off date.
Why does the share price drop on the ex-dividend date?
On the ex-date, the market price of a stock usually adjusts downward by an amount approximately equal to the dividend payout per share to reflect the cash outflow from the company's balance sheet.
When will the dividend money be credited to shareholders' accounts?
Dividend payments are generally dispatched electronically to linked bank accounts within 30 days of the record date or AGM approval.
How do I know if I am eligible for the dividend payout?
You are eligible if your name appears in the company’s demat record books on or before the record date set by the listed firm.
