Several major companies, including Pidilite Industries Ltd., ICRA Ltd., Afcons Infrastructure Ltd., Oberoi Realty Ltd., Esab India Ltd., and Sudeep Pharma Ltd. are going to trade ex-dividend tomorrow, July 23, 2026, with the record date on the same day.

Pidilite Industries Ltd

Pidilite Industries, the company behind Fevicol and a leader in industrial adhesives, pigments, paints, tiles, stone solutions, and waterproofing solutions, announced a final dividend of ₹11.50 per share. It has a dividend yield (TTM) of 1.00%.

ICRA Ltd 

Credit rating agency ICRA is rewarding its shareholders with a highly lucrative combined dividend. The company has announced both a special dividend of ₹35.00 per share and a final dividend of ₹70.00 per share. This brings the massive total payout to ₹105.00 per equity share. It has a dividend yield (TTM) of 1.20%

Afcons Infrastructure Ltd

Afcons Infrastructure Ltd, the flagship infrastructure engineering and construction company of the Shapoorji Pallonji Group, has declared a dividend of ₹2.00 per equity share. It has a dividend yield (TTM) of 0.00%

Oberoi Realty Ltd 

Oberoi Realty, one of India’s leading luxury real estate development companies, has declared an interim dividend of ₹2.00 per equity share. It has a dividend yield (TTM) of 0.40%

Esab India Ltd 

ESAB India, a leading manufacturer of welding and cutting equipment, consumables, and automated systems in India, has announced a final dividend of ₹25.00. It has a dividend yield (TTM) of 1.60%.

Sudeep Pharma Ltd 

Sudeep Pharma Ltd a leading manufacturer of mineral-based pharmaceutical excipients, food additives, and specialty nutrition ingredients has announced a final dividend of ₹1.50 per equity share. It has a dividend yield (TTM) of 0.00%

What is the Significance of the Ex-Date and Record Date?

Only those shareholders whose names appear in the company’s register as of the end of business on July 23, 2026 (record date) will be eligible to receive these respective dividends.

Because the Indian stock market primarily follows a T+1 settlement cycle, the ex-dividend date is exactly the same as the record date. To be eligible for these dividends, retail investors must invest in the shares before they trade ex-dividend (i.e., by the end of the trading session today, July 22, 2026).