Dividends, Buybacks, Rights Issue and Stock Split on May 29, 226: Bajaj Auto, Bank of India, GSK Pharma, UNO Minda and More

Investors looking to receive dividends from companies such as Bajaj Auto, Bank of India, GlaxoSmithKline Pharmaceuticals, and UNO Minda should note that May 27, 2026, is the last day to buy these shares to qualify for the announced payouts.

These stocks will trade ex-dividend on May 29, 2026. Since India follows the T+1 settlement cycle, investors must purchase shares at least one trading day before the record date to become eligible for dividends. 

Major Companies Going Ex-Dividend on May 29

Bajaj Auto

Bajaj Auto has announced a final dividend of ₹150 per equity share for the financial year ended March 31, 2026. The company has fixed May 29 as the record date. Subject to shareholder approval at the upcoming AGM, the dividend is expected to be paid on or around July 24, 2026.

Bank of India

Bank of India has recommended a dividend of ₹4.65 per share for FY26, pending shareholder approval at the Annual General Meeting.

GlaxoSmithKline Pharmaceuticals

GlaxoSmithKline Pharmaceuticals will also trade ex-dividend on May 29, with the company announcing a final dividend of ₹57 per share.

UNO Minda

UNO Minda has declared a final dividend of ₹1.75 per share, with the record date set for May 29.

Other Stocks Going Ex-Dividend

Several other companies will also trade ex-dividend on May 29, including:

• Advani Hotels & Resorts – Interim dividend of ₹0.8
• BCPL Railway Infrastructure – Final dividend of ₹1
• Caplin Point Laboratories – Interim dividend of ₹4
• Eris Lifesciences – Interim dividend of ₹7.21
• Home First Finance Company India – Final dividend of ₹5.2
• ICICI Lombard General Insurance – Final dividend of ₹7
• JB Chemicals & Pharmaceuticals – Final dividend of ₹9.3
• S Chand and Company – Interim dividend of ₹4
• Torrent Pharmaceuticals – Final dividend of ₹9

LIC Bonus Share Record Date

Apart from dividend-paying stocks, Life Insurance Corporation of India has also fixed May 29, 2026, as the record date for its 1:1 bonus share issue. Investors needed to buy LIC shares by May 27 to qualify for the bonus allotment.

Read more: HDFC Bank Share Price Under Scanner Over Company's Alleged ₹45 Crore MSRDC Payment: Reports.

Conclusion

Several well-known companies are set to trade ex-dividend on May 29, making May 27 the final opportunity for investors to buy shares and become eligible for payouts. Investors should also keep settlement timelines and market holidays in mind while planning dividend-based investment strategies.

Investors looking to explore dividend-paying stocks and investment opportunities can open a demat account to invest and trade in the equity market seamlessly.

For daily market updates and regular stock market news in Hindi, stay tuned to Angel One's share market news in Hindi.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.