# Stock Market Sees Massive Dividend Rush on September 21: Over 50 Equities Ex-Date Led by Maharashtra Scooters and Bajaj Holdings

> Over 50 listed companies trade ex-dividend on September 21 based on BSE figures, highlighted by Maharashtra Scooters disbursing Rs 160 per share and Bajaj Holdings granting Rs 65 per share.

**Type:** article · **Category:** Money · **Published:** 2026-09-21 · **Source:** TrendKia
**Canonical:** https://trendkia.com/en/money/sheyara-bajara-men-21-sitnbara-ko-dividenda-ki-bauchhara-maharashtra-scooters-aura-bajaj-holdings-sameta-50-se-adhika-knpaniyon-pa-35567 · **Language:** English
**Tags:** Dividend Stocks, Stock Market, BSE, Sensex, Nifty 50, Maharashtra Scooters, Bajaj Holdings, Dixon Tech

Corporate reward schedules are taking center stage in the domestic capital markets as the calendar turns to September 21. According to official trading information published by the Bombay Stock Exchange, more than 50 listed corporate entities have designated September 21 as their joint dividend ex-date and record date. The broader equity indices exhibited narrow, range-bound movements in morning trade. The benchmark BSE Sensex traded 0.47 percent higher at 74,645.21 points, while the Nifty 50 advanced 18.40 points to hold around 23,364.80. In such steady market conditions, shareholder attention has firmly shifted toward corporate cash payouts across manufacturing, technology, finance, and industrial sectors.

## Top Dividend Payouts Scheduled for September 21
Leading the distribution chart for the session is Maharashtra Scooters Ltd, which declared an enormous dividend payout of Rs. 160 per equity share. It is accompanied by Bajaj Holdings & Investment Ltd with an announced distribution of Rs. 65 per share. Industrial supplier Southern Gas Ltd also stands out near the top tier with a substantial declared dividend of Rs. 60 per share.

Several other prominent corporations have lined up noteworthy returns for equity holders. Kingfa Science & Technology (India) Ltd and apparel brand Monte Carlo Fashions Ltd have each approved distributions of Rs. 20 per share. Electronics manufacturing services provider Dixon Technologies (India) Ltd is delivering Rs. 10 per share, while Maithan Alloys Ltd has fixed its payout at Rs. 6 per equity share.

## Complete List of Equities Trading Ex-Date on September 21
The comprehensive roster of corporate entities scheduled to trade ex-dividend across various capital tiers includes

- Maharashtra Scooters Ltd: Rs. 160 per share
- Bajaj Holdings & Investment Ltd: Rs. 65 per share
- Southern Gas Ltd: Rs. 60 per share
- Kingfa Science & Technology (India) Ltd: Rs. 20 per share
- Monte Carlo Fashions Ltd: Rs. 20 per share
- Dixon Technologies (India) Ltd: Rs. 10 per share
- Vedant Fashions Ltd: Rs. 7.75 per share
- National Peroxide Ltd: Rs. 7 per share
- Maithan Alloys Ltd: Rs. 6 per share
- ISGEC Heavy Engineering Ltd: Rs. 6 per share
- Kajaria Ceramics Ltd: Rs. 6 per share
- Jeena Sikho Lifecare Ltd: Rs. 4.50 per share
- Cybertech Systems & Software Ltd: Rs. 4 per share
- Indo National Ltd: Rs. 3.75 per share
- Mercury Laboratories Ltd: Rs. 3.50 per share
- Alicon Castalloy Ltd: Rs. 3 per share
- Apollo Sindoori Hotels Ltd: Rs. 3 per share
- Pee Cee Cosma Sope Ltd: Rs. 3 per share
- Rolcon Engineering Company Ltd: Rs. 2.50 per share
- Gujarat Apollo Industries Ltd: Rs. 2 per share
- PNB Gilts Ltd: Rs. 2 per share
- Southern Petrochemicals Industries Corporation Ltd: Rs. 2 per share
- Asian Star Company Ltd: Rs. 1.50 per share
- All E Technologies Ltd: Rs. 1.50 per share
- Cords Cable Industries Ltd: Rs. 1.20 per share
- CG-VAK Software & Exports Ltd: Rs. 1 per share
- Container Corporation of India Ltd: Rs. 1 per share
- Divyashakti Ltd: Rs. 1 per share
- Keynote Financial Services Ltd: Rs. 1 per share
- KJMC Financial Services Ltd: Rs. 1 per share
- Sugal & Damani Share Brokers Ltd: Rs. 1 per share
- Veto Switchgears & Cables Ltd: Rs. 1 per share
- Western India Plywoods Ltd: Rs. 1 per share
- Sreeleathers Ltd: Rs. 1 per share
- Silicon Rental Solutions Ltd: Rs. 1 per share
- Zota Health Care Ltd: Rs. 1 per share
- Chaman Lal Setia Exports Ltd: Rs. 1 per share
- Cargotrans Maritime Ltd: Rs. 0.70 per share
- Slone Infosystems Ltd: Rs. 0.60 per share
- Uday Jewellery Industries Ltd: Rs. 0.50 per share
- Jai Corp Ltd: Rs. 0.50 per share
- Shivalik Rasayan Ltd: Rs. 0.50 per share
- Bright Outdoor Media Ltd: Rs. 0.50 per share
- Manali Petrochemicals Ltd: Rs. 0.50 per share
- Bharat Dynamics Ltd: Rs. 0.40 per share
- Krishival Foods Ltd: Rs. 0.35 per share
- Gem Enviro Management Ltd: Rs. 0.25 per share
- Rasi Electrodes Ltd: Rs. 0.20 per share
- Oricon Enterprises Ltd: Rs. 0.20 per share
- Lancer Holdings Ltd: Rs. 0.20 and Rs. 0.10 per share entries
- Roto Pumps Ltd: Rs. 0.19 per share
- ITCONS E-Solutions Ltd: Rs. 0.15 per share
- Aartec Solonics Ltd: Rs. 0.125 per share
- Beardsell Ltd: Rs. 0.10 per share
- A B Infrabuild Ltd: Rs. 0.06 per share
- Continental Securities Ltd: Rs. 0.05 per share
- Jaysynth Orgochem Ltd: Rs. 0.05 per share
- Shukra Pharmaceuticals Ltd: Rs. 0.01 per share

## Upcoming Ex-Dividend Pipeline for September 22
The stream of corporate dividend adjustments extends into the subsequent trading session. On Tuesday, September 22, several additional companies are scheduled to trade ex-dividend. Oval Projects Engineering, Prodocs Solutions, and Cospower Engineering have each announced a distribution of Rs. 1 per share. Aarti Surfactants has likewise declared Rs. 1 per share, while Sigachi Industries stands at Rs. 0.10 per share.

In the renewable energy segment, KPI Green Energy carries two recorded dividend figures of Rs. 0.25 and Rs. 0.15 per equity share. Suyog Gurbaxani Funicular Ropeways alongside Commercial Syn Bags have both declared Rs. 0.50 per share, while K.P. Energy announced Rs. 0.25 per share. Minor distributions also include Onelife Capital Advisors at Rs. 0.01, KMC Corporate Advisors (India) at Rs. 0.70, CSM Technologies at Rs. 0.50, Aveer Foods at Rs. 0.25, and Aartech Solonics at Rs. 0.125 per share. NIBE has declared Rs. 1.30 per share, alongside National Peroxide with an announcement of Rs. 7 per share.

## Key Public Sector and Rail Stocks in Pipeline
Beyond the immediate two sessions, broader market participants are tracking high-profile state-owned and industrial stocks lined up for ex-dividend dates during the remainder of the week. This upcoming schedule features prominent names such as IRCTC, BEML, NLC India, Engineers India, and Titagarh Rail Systems.

## What this means for you
This corporate distribution calendar directly determines which equity holders receive cash credited to their bank accounts based on holding records.

- **Cash Inflow for Eligible Holders:** Investors who held these shares prior to the ex-date will receive the announced dividend directly in their linked bank accounts. The payout amount will strictly correspond to the per-share figure multiplied by the quantity of shares in the demat account.
- **Price Adjustment on Ex-Date:** Stock prices typically undergo an automatic downward opening adjustment by roughly the dividend value on the ex-date morning. Prospective buyers purchasing shares on or after this date will not be eligible for this cycle's dividend.
- **Upcoming Eligibility Deadlines:** Investors seeking payouts from firms trading ex-dividend on September 22 or later in the week must acquire shares prior to the respective ex-date. Transactions executed after the ex-date cutoff will miss the qualifying shareholder register.
- **Taxation Implications:** All corporate dividends received by Indian domestic investors are added to annual taxable income and taxed at applicable income tax slab rates. Companies also deduct tax at source if the cumulative dividend distribution crosses the statutory annual threshold.

## Why this happened
Corporate boards declare dividends to distribute operational earnings, investment yields, and excess cash balances back to their equity shareholders. This activity follows a strict regulatory timetable coordinated with exchange settlement frameworks.

- **Distribution of Corporate Cash Surpluses:** Companies announce dividend disbursements following board approvals to reward long-term equity partners out of accumulated reserves. Highly liquid investment holding entities such as Maharashtra Scooters and Bajaj Holdings routinely yield significant cash returns due to treasury earnings.
- **Synchronised Record and Ex-Dates:** Under the prevalent market settlement mechanisms, the ex-dividend date and record date are aligned so that qualifying share ownership can be accurately identified. This system ensures only buyers who concluded trades before the cutoff are recognized on the official register.
- **Regulatory Exchange Filings:** Listed corporations are mandated to register and declare all payout specifics transparently with stock exchanges. The simultaneous occurrence of over 50 companies trading ex-date on September 21 reflects standard corporate governance calendars across the domestic bourses.

## Questions & Answers

### 1. Which corporate stock announced the highest dividend payout for September 21?
Maharashtra Scooters Ltd topped the list by declaring a dividend payout of Rs. 160 per equity share.

### 2. What dividend amount was declared by Bajaj Holdings & Investment?
Bajaj Holdings & Investment Ltd approved a dividend payout of Rs. 65 per equity share.

### 3. How were the Indian benchmark indices trading on the morning of September 21?
The BSE Sensex was up 0.47 percent at 74,645.21 points, while the Nifty 50 traded at 23,364.80 points with an 18.40-point gain.

### 4. What were the announced payouts for Dixon Technologies and Monte Carlo Fashions?
Monte Carlo Fashions Ltd announced Rs. 20 per share, whereas Dixon Technologies declared Rs. 10 per share.

### 5. Which major stocks trade ex-dividend on September 22?
Stocks trading ex-dividend on September 22 include Oval Projects Engineering, Aarti Surfactants, KPI Green Energy, NIBE, and National Peroxide.

### 6. Which prominent public sector and rail companies have upcoming ex-dates this week?
IRCTC, BEML, NLC India, Engineers India, and Titagarh Rail Systems are scheduled for ex-dividend trading later in the week.

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