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Rs 13 Dividend, 3:1 Bonus, Rights Issue: Several stocks will turn ex-date this week for corporate actions such as bonus share issuance, dividends and rights issues. These include Metropolis Healthcare Ltd, 5paisa Capital Ltd, Mishra Dhatu Nigam Ltd, Banco Products (India) Ltd, Maha Rashtra Apex Corporation Ltd and DIC India Ltd.
The ex-date is the day a stock starts trading without the entitlement to a corporate benefit. Investors who want to qualify for a dividend, bonus share allotment or rights issue must buy the stock before the ex-date.
Under India’s T+1 settlement cycle, shares must be purchased at least one trading day before the record date for them to reflect in the investor’s demat account.
Here are the key stocks and corporate actions investors should track this week.
Metropolis Healthcare Ltd will turn ex-date this week for its bonus share issue.
The company has fixed 20 March 2026 as the record date to determine eligible shareholders. Investors holding shares on this date will receive the bonus shares.
The bonus issue is in the ratio of 3:1. This means shareholders will receive three new equity shares for every one share held. Each bonus share will have a face value of Rs 2.
The bonus shares are scheduled to be allotted on 23 March 2026. The proposal had earlier received shareholder approval through a postal ballot.
5paisa Capital Ltd will also turn ex-date this week for its rights issue.
The company has fixed 17 March 2026 as the record date for determining shareholder eligibility. Existing shareholders will be able to apply for one additional share for every two shares held.
The rights issue price has been set at Rs 300 per share, with a face value of Rs 10.
The company plans to issue 1,56,27,419 equity shares through the issue, raising around Rs 468.82 crore. The rights issue will open on 27 March 2026 and close on 10 April 2026.
Maha Rashtra Apex Corporation Ltd will turn ex-date on Friday for its rights issue.
The issue will be offered in the ratio of 1:1. This means eligible shareholders can apply for one additional share for every share held.
The issue price has been fixed at Rs 10 per share. Only shareholders whose names appear on the company’s register on the record date will be eligible to participate.
Mishra Dhatu Nigam Ltd, also known as MIDHANI, has announced an interim dividend of Rs 0.85 per equity share for the financial year 2025-26.
The company has fixed 19 March 2026 as the record date to determine eligible shareholders. The dividend is calculated on equity shares with a face value of Rs 10.
Shareholders holding the stock on the record date will be eligible to receive the dividend payout.
Banco Products (India) Ltd has declared a second interim dividend of Rs 8 per equity share for the financial year 2025-26.
The dividend represents 400 per cent of the face value of Rs 2 per share.
The company has set 19 March 2026 as the record date, while the ex-dividend date is 18 March 2026. The dividend payment is scheduled to be made on or after 25 March 2026.
DIC India Ltd has declared a final dividend of Rs 3 per equity share for the financial year ended 31 December 2025.
The dividend amounts to 30 per cent of the face value. The ex-dividend and record date for the payout is 16 March 2026.
Shareholders holding the stock on the record date will be eligible to receive the dividend.
The ex-date determines which shareholders are entitled to receive a corporate benefit such as a dividend, bonus share or rights entitlement.
Investors must purchase the stock before the ex-date for the shares to settle in their demat account by the record date. Those buying on or after the ex-date will not qualify for the announced corporate action.
Stock prices also typically adjust on the ex-date to reflect the value of the dividend or other corporate benefit.