Key Corporate Action Today, Mar 23: Castrol, Kilitch Drugs India and more in Focus on Dividend, Bonus Announcements

Shares of Power Finance Corporation, Castrol India, India Glycols, Kilitch Drugs India, and Times Green Energy (India) are likely to be in focus today as they have announced dividends and bonus issues.

Dividend Stocks Trading Ex-Date Today

As per BSE, 3 companies will trade ex-dividend on March 23, 2026:

• Power Finance Corporation: Interim dividend of ₹3.25 per share
• Castrol India: Final dividend of ₹5.25 per share
• India Glycols: Interim dividend of ₹7.50 per share (highest among the group)

All 3 companies have also set March 23 as the record date to identify eligible shareholders.

Bonus Issue Updates

2 companies have announced bonus shares and will trade ex-date on March 24, 2026:

• Kilitch Drugs India: Bonus issue in 1:1 ratio (1 share for every 1 held)
• Times Green Energy (India): Bonus issue in 1:1 ratio

The record date for both companies is March 24, 2026.

Key Record Dates 

Read More: Government Announces Credit Guarantee Scheme Worth ₹20,000 Crore for MFIs To Boost!

Conclusion

These stocks are in focus today due to ongoing corporate actions such as dividends and bonus issues. Investors need to hold shares of Power Finance Corporation, Castrol India, India Glycols, Kilitch Drugs India, and Times Green Energy (India) in their demat accounts by the record date to be eligible for dividends, bonus shares, and other benefits

Disclaimer: This blog has been written exclusively for educational purposes. The securities 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.