Corporate Actions Watch: Key Events for February 17, 2026

Investors in the Indian stock market are navigating a busy calendar of corporate actions this week. Today, February 17, 2026, marks the ex-date and record date for several high-profile events, while tomorrow promises even higher volumes with major state-run enterprises (PSUs) like ONGC and Coal India going ex-dividend.

Corporate Actions Today (February 17, 2026)

Today is a crucial day for shareholders of Riddhi Steel and Majestic Auto, as these companies finalize eligibility for their respective rewards.

• Riddhi Steel and Tube Ltd: The company is trading ex-bonus today for its 1:2 bonus issue. Shareholders holding the stock as of today will be eligible to receive one additional share for every two shares held.
• Majestic Auto Ltd: Today is the record date for a substantial Special Interim Dividend of ₹35 per share (350% of face value). This payout follows the company's recent strategic divestments.
• IndiGrid Infrastructure Trust: The InvIT is trading ex-date for its latest income distribution to unit holders.
• Interise Trust: Similar to IndiGrid, Interise Trust is also processing its income distribution today.
• Torrent Pharmaceuticals: The stock is in focus as it approaches its record date for an interim dividend, part of the broader pharmaceutical sector's payout cycle this month.

Upcoming Corporate Actions (February 18, 2026)

Tomorrow, February 18, 2026, is expected to be one of the busiest days of the month for dividend seekers, particularly in the energy and defense sectors.

• Oil and Natural Gas Corporation (ONGC): The energy giant will trade ex-dividend for a 2nd Interim Dividend of ₹6.25 per share.
• Coal India Ltd: Shareholders will see the stock trade ex-dividend for an Interim Dividend of ₹5.50 per share.
• Shipping Corporation of India (SCI): The company has declared a 2nd Interim Dividend of ₹3.5 per share, with the ex-date set for tomorrow.
• Bazel International Ltd: The stock will trade ex-bonus for a 1:1 bonus issue, doubling the share count for eligible investors.
• Siemens Energy India Ltd: The company is scheduled to hold its Annual General Meeting (AGM) tomorrow. It has also recommended a dividend of ₹4 per share, which, if approved, will begin its payout cycle.
• Hindustan Aeronautics Ltd (HAL) & Bharat Forge: Both companies are scheduled for ex-dividend dates tomorrow as part of the mid-February corporate action cluster.
• Other Notable Dividends: Investors should also watch for ex-dividend trades in IRCON International (₹1.2/share), Mrs. Bectors Food Specialities (₹0.6/share), Hikal Ltd (₹0.2/share), and International Gemmological Institute India (₹2.5/share).
• Rights Issues: Onix Solar Energy Ltd and Sical Logistics Ltd are both slated to open or process rights issue actions tomorrow, offering existing shareholders the chance to purchase additional shares at a predetermined price.
• Board Meetings: NBCC (India) Ltd is scheduled to meet tomorrow to consider a proposal for an interim dividend for the financial year 2025-26.

TAGS: Corporate Actions, Dividends, Stock Split, Bonus Issue, Rights Issue, AGM

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