Vedanta, Angel One Lead Dividend Payouts in March 2026

Several prominent companies on the Indian stock market will trade ex-dividend on Friday, March 27, 2026, marking a significant day for investors focused on shareholder returns. Key players including mining conglomerate Vedanta Ltd, brokerage firm Angel One Ltd, auto components major Samvardhana Motherson International Ltd, and the state-run Housing & Urban Development Corporation Ltd (HUDCO) have scheduled corporate actions, primarily dividend distributions.

Vedanta's Substantial Payout

Vedanta Ltd leads the announcements with its third interim dividend for the financial year 2025-26. The company's board has approved a substantial dividend of ₹11 per equity share. This decision will result in a total payout of approximately ₹4,300 crores to its shareholders. The company has set Saturday, March 28, 2026, as the record date to determine which shareholders are eligible for the dividend. Consequently, the stock will trade ex-dividend on Friday, March 27, 2026. This follows a consistent pattern of shareholder rewards, with previous interim dividends of ₹16 per share in August 2025 and ₹7 per share in June 2025.

Angel One Declares Second Interim Dividend

Financial services company Angel One Ltd has also declared its second interim dividend for the fiscal year. The board approved a dividend of ₹1.75 per equity share, each with a face value of Re 1. The record date for this payout is set for Friday, March 27, 2026. Angel One has communicated that the dividend amount will be credited to the bank accounts of eligible shareholders on or before April 18, 2026. This announcement comes after an interim dividend of ₹23 was declared earlier in January 2026, showcasing a steady dividend history.

Samvardhana Motherson's Shareholder Reward

Samvardhana Motherson International Ltd, a leading manufacturer of automotive components, announced an interim dividend of ₹0.35 per equity share. The face value of each share is Re 1. In a regulatory filing, the company confirmed that the record date to ascertain shareholder eligibility for this dividend is Friday, March 27, 2026. The company has assured that the dividend will be paid out within the legally mandated timeframe. This follows a final dividend of ₹0.35 paid in June 2025 and an interim dividend of ₹0.50 in March 2025.

HUDCO Announces Fourth Interim Dividend

State-owned Housing & Urban Development Corporation Ltd (HUDCO) declared its fourth interim dividend for the current financial year. Shareholders are set to receive ₹1.25 per equity share, which has a face value of ₹10. The record date for this dividend has been fixed as Saturday, March 28, 2026, meaning the ex-dividend date is March 27. HUDCO has maintained a consistent dividend payment record, having distributed interim dividends of ₹1.15 in February 2026 and ₹1 in November 2025.

Summary of Upcoming Dividends

To provide a clear overview for investors, here is a summary of the key dividend announcements with their respective dates.

Understanding Key Dates for Investors

The ex-dividend date is a critical deadline for investors. To be eligible to receive a company's dividend, an investor must own the stock before the ex-dividend date. If shares are purchased on or after this date, the new owner will not receive the declared dividend. The record date is the day the company checks its records to identify shareholders eligible for the payout. Typically, the ex-dividend date is set one business day before the record date.

Other Corporate Actions This Week

Beyond dividend payments, other corporate actions are also scheduled for Friday, March 27. Hind Rectifiers Ltd is set to trade ex-date for a 1:1 bonus issue, where eligible shareholders will receive one additional share for every share they hold. Additionally, Avax Apparels and Ornaments Ltd will undergo a stock split, with the face value of its shares changing from ₹10 to ₹5. This action increases the number of shares in circulation without altering the company's market capitalization.

Market Implications

These corporate actions, particularly the substantial dividend from Vedanta, reflect the financial health and management's confidence in the future earnings of these companies. Dividend announcements are often viewed positively by the market as they provide direct returns to shareholders. Investors should monitor these stocks closely as they approach their ex-dividend dates, as share prices typically adjust downward by the dividend amount on the ex-date. The upcoming week is poised to be an active one for investors tracking these specific corporate events.