Market participants hunting for dividend income and corporate action entitlements face a crucial deadline today, Tuesday, November 3, as a dozen listed companies prepare to turn ex-date tomorrow, November 4. Anyone seeking to lock in interim dividends, bonus shares, or rights offerings from these firms must execute their purchases before today's trading session ends. Both the ex-date and the record date for all 12 counters fall on the exact same day, November 4. Because Indian stock exchanges operate under a standard T+1 settlement mechanism, shares acquired during today's session will successfully credit to the investor's demat account prior to the record date, ensuring eligibility for the distribution. Buying these shares starting tomorrow will forfeit the corporate benefits.
Coal India Leads Heavyweight Dividend Payouts
Among the companies turning ex-dividend on November 4, state-run mining giant Coal India delivers the largest individual cash payout among the prominent names, distributing an interim dividend of Rs 10.25 per equity share. Decorative coatings manufacturer Asian Paints is rewarding its shareholders with an interim payout of Rs 5.75 per share, while consumer goods leader Godrej Consumer Products has announced a distribution of Rs 5 per share.
The cash distribution schedule also extends to mid-tier and specialized firms. Privi Speciality Chemicals is matching that payout with Rs 5 per share. Meanwhile, air cooler maker Symphony is paying Rs 2 per share, retail player Vaibhav Global is disbursing Rs 1.50 per share, Praruh Technologies is offering Rs 1 per share, and Silver Touch Technologies will credit a dividend of Rs 0.10 per share. To receive these payments, investors must hold the shares at the conclusion of today's market session.
Concord Biotech Bonus Issue and Dual Rights Offerings
In addition to cash dividends, November 4 marks key structural share adjustments. Biopharmaceutical firm Concord Biotech goes ex-bonus in a 1:1 proportion, granting existing shareholders one fully paid-up equity share free of cost for every single share held on the record date. While this doubles the total share count in an investor's demat portfolio, the market trading price per share adjusts downward in exact proportion on the ex-date.
Simultaneously, two other entities, Crescentis Capital and Suvidhaa Infoserve, reach their ex-date for corporate rights issues on November 4. Through a rights issue, an enterprise invites its current equity holders to buy extra shares, traditionally priced at a discount to prevailing market rates, directly in proportion to their existing stake.
Infosys and Mazagon Dock Already Trading Ex-Dividend Today
A separate cluster of notable counters is already trading ex-dividend today, November 3. Information technology bellwether Infosys went ex-dividend for its substantial first interim dividend of Rs 26 per share for FY27, backed by a record date of November 3. Defense public sector undertaking Mazagon Dock Shipbuilders is also trading without dividend rights for an announced Rs 5 per share payout.
Other entities trading ex-dividend today include Sasken Technologies at Rs 12 per share, R R Kabel at Rs 6.50 per share, and Gravita India with an interim distribution of Rs 7.70 per share, alongside cash distributions scheduled from the IRB InvIT Fund. Only investors who completed their purchases by yesterday's close remain eligible to receive these funds directly in their registered bank accounts.
Major Payouts and Splits Lined Up Later This Week
Corporate actions maintain strong momentum through the remainder of the trading week. On Thursday, November 5, multinational pharmaceutical company Sanofi India will trade ex-dividend for an impressive Rs 75 per share, representing the largest single cash distribution on the calendar this month. Joining it on November 5 are Navin Fluorine International with an Rs 8 per share payout, broadcaster Sun TV offering Rs 3.75, IT firm Birlasoft at Rs 3, and state-run consultant Engineers India distributing Rs 1.50 per share. On the capital structuring front, Gujarat Natural Resources splits its stock that day, lowering its face value from Rs 10 down to Re 1.
Activity peaks further on Friday, November 6, when 17 companies reach their respective ex-dates. The pipeline includes a stock split by Knowledge Marine & Engineering Works alongside interim dividends from internet firm Info Edge, credit assessment agency CARE Ratings, staffing enterprise Quess Corp, and auto component supplier Sundram Fasteners. Across November 2026, a total of 68 listed stocks are scheduled to turn ex-date.
