Corporate Actions Watch: Key Events for October 23, 2026

The Indian benchmark exchanges, BSE and NSE, are host to an active slate of corporate actions today, Friday, October 23, 2026. A flurry of companies across technology, financial services, real estate, and infrastructure are trading ex-dividend, rewarding shareholders with cash distributions. In addition, several capital restructuring moves, including share splits and bonus issuances, take effect today.

Corporate Actions Today (October 23, 2026)

Dividend Payouts

A large lineup of companies is trading ex-dividend today for interim dividend payouts:

• LTM Limited: Interim dividend of ₹25.00 per equity share (FV ₹1).
• Tech Mahindra Limited: Interim dividend of ₹15.00 per equity share (FV ₹5).
• 360 ONE WAM Limited: Interim dividend of ₹7.50 per equity share.
• ICICI Lombard General Insurance Company Limited: Interim dividend of ₹7.00 per equity share.
• Modison Limited: Interim dividend of ₹4.00 per equity share (FV ₹1).
• HDB Financial Services Limited: Interim dividend of ₹2.00 per equity share.
• Oberoi Realty Limited: Interim dividend of ₹2.00 per equity share.
• Indian Railway Finance Corporation (IRFC): Interim dividend of ₹1.15 per equity share (FV ₹10).
• Bhansali Engineering Polymers Limited: Interim dividend of ₹1.00 per equity share.
• OSEL Devices Limited: Interim dividend of ₹1.00 per equity share.
• Garuda Construction and Engineering Limited: Interim dividend of ₹0.03 per equity share (FV ₹5).
• Artemis Electricals and Projects Limited: Interim dividend of ₹0.006 per equity share (FV ₹1).

Stock Splits

Under capital restructuring actions, the following stock sub-division takes effect today:

• Azad India Mobility Limited: Stock split / sub-division from a face value of ₹10 per share down to ₹2 per share (ratio 10:2), aimed at improving market liquidity and retail participation.

Bonus Issues

Shareholders are also set to receive bonus shares:

• Titan Biotech Limited: Bonus issue of equity shares in the ratio of 1:4 (1 bonus equity share for every 4 existing equity shares held).

Upcoming Corporate Actions (October 26, 2026)

As the market heads into the next trading session on Monday, October 26, 2026, another batch of key corporate events is scheduled to go ex-date:

Dividends

• Hexaware Technologies Limited: Scheduled to turn ex-dividend for an interim dividend of ₹9.50 per equity share.

Stock Splits

• Midaas Fashions Limited: Scheduled for a stock split / sub-division from a face value of ₹10 per share to ₹5 per share (ratio 10:5).

Takeovers & Open Offers

• Premier Explosives Limited: The open offer for takeover at an offer price of ₹705.65 per share concludes on October 26, 2026.

Investors should keep in mind that under the T+1 settlement mechanism currently in place on Indian bourses, the ex-date and record date generally align. Eligible investors who held the underlying shares before the ex-dates will be credited with their respective dividend amounts or corporate entitlements according to the official payout schedules.

Tags: Corporate Actions Dividends Stock Split Bonus Issue Rights Issue AGM