Deepak Fertilisers, Mobavenue AI Tech, Shivalik Bimetal Dividends: Last Day To Buy Shares To Qualify

Several companies will go ex-dividend on August 25, 2026, so they will be in focus for investors who look for dividend payouts. The list has Deepak Fertilisers & Petrochemicals Corporation Ltd., Mobavenue AI Tech Ltd., Shivalik Bimetal Controls Ltd., and many others.

Investors looking to get the declared dividends must carefully watch the ex-dividend and record date. In India's T+1 settlement cycle, investors generally need to purchase the shares before the ex-dividend date to be eligible for the dividend.

Thus, August 24, 2026 is the last trading day for investors who want to buy these shares and can receive the dividends on the upcoming record dates, if the company takes a corporate action and settles.

On August 25, stocks are going ex-dividend

The following companies have dividend-related corporate actions scheduled around August 25:

Deepak Fertilisers has the highest dividend on a per-share basis at Rs 10. Mobavenue AI Tech has declared a dividend of Rs 0.50 per share, while Shivalik Bimetal Controls has announced Rs 2 per share.

T+1 Settlement Cycle: Why August 24 Is Important

India has a T+1 settlement system for equity transactions. This means that a stock purchase is generally settled one working day after the transaction.

For investors looking to receive a dividend, the timing of the purchase is therefore important. Buying shares on the ex-dividend date may not be dividend eligible because shares will already trade without the entitlement to the upcoming dividend.

Investors who own eligible shares before the ex-dividend date are generally entitled to receive the declared payout, as long as they meet all corporate-action conditions.

The record date is used to determine who can take part in the dividend. Investors should then look for the exchange filing and corporate action details when making their investment decision.

What Is An Ex-Dividend Date?

The ex-dividend date is the date on which a stock trades without the entitlement to the upcoming dividend. When a stock goes ex-dividend, investors purchasing the shares on or after that date usually will not get the dividend associated with that particular corporate action.

The share price can also adjust around the ex-dividend date as the value of the upcoming payout is reflected in market trading.

What Is A Record Date?

The record date is the date on which a company evaluates its shareholder records to find investors eligible for the dividend.

For all stocks in this list, most of the record dates fall on August 26, 2026, while Deepak Fertilisers has a record date of August 25, 2026.

When considering whether or not to buy shares, investors should not just rely on the record date. The ex-dividend date and settlement cycle are just as important for determining eligibility.

How Are Dividends Taxed In India?

Dividends are taxable in the hands of shareholders under the applicable income tax rules. Companies no longer have to pay Dividend Distribution Tax (DDT).

Tax may be deducted at source at 10% when dividend income exceeds Rs 5,000 in a financial year for resident individual shareholders, subject to applicable rules and exemptions.

The actual tax liability may depend on the investor's situation and applicable income tax provisions.

Dividend Stocks In Focus

Dividend-paying stocks can attract investors looking for regular income from their equity investments. However, the declaration of a dividend alone should not be considered sufficient reason to buy a stock.

Investors should also evaluate the company's earnings, valuation, balance sheet, dividend history, future growth prospects, and broader market conditions before making an investment decision.

With several companies going ex-dividend on August 25, investors tracking corporate actions will be closely watching these stocks during Monday’s trading session. The week of August 24 will be particularly important for investors who wish to be eligible for the announced payouts, while the respective record dates will determine the final list of eligible shareholders.