Dividend Record Date: IRCON, MSTC, Asian Energy Among 32 Stocks in Focus Ahead of September 17

Investors tracking dividend payouts have a long list of stocks to watch on Wednesday, September 16, with 32 companies fixing September 17 as the record date for their final dividends. 

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The list includes IRCON International, MSTC, Asian Energy Services, Bharat Rasayan, Gujarat Fluorochemicals, Sansera Engineering, Tamil Nadu Newsprint & Papers and Excel Industries, among others. 

With the Indian market following the T+1 settlement cycle, September 16 is the last trading day mentioned in the report for investors seeking eligibility for these dividend payouts. 

Excel Industries announces highest dividend on the list 

Excel Industries has announced the largest dividend among the companies covered, at ₹13.75 per equity share. 

MSTC follows with a final dividend of ₹8.10 per share, while Sansera Engineering and Tamil Nadu Newsprint & Papers have each announced ₹4 per share. 

Agarwal Industrial Corporation has declared ₹3.30 per share and Gujarat Fluorochemicals ₹3 per share. 

Acutaas Chemicals, Ruby Mills and Star Paper Mills have each announced a final dividend of ₹2.50 per share. Filtra Consultants and Engineers has declared ₹2 per share. 

IRCON, Asian Energy and other stocks on the list 

IRCON International has fixed a final dividend of ₹0.70 per share, while Asian Energy Services has announced ₹1.25 per share. 

Landmark Cars, Sunteck Realty and Tamilnadu Petroproducts have each declared ₹1.50 per share. Bal Pharma’s dividend stands at ₹1.20 per share. 

AuSom Enterprise, HPL Electric & Power, Shri Jagdamba Polymers and Wealth First Portfolio Managers have each announced ₹1 per share. 

Bharat Rasayan, Indo Amines and International Conveyors have declared dividends of ₹0.50 per share. 

The remaining companies include Orient Ceratech at ₹0.35 per share, Rossell Techsys at ₹0.30, Ester Industries, Himatsingka Seide and Meghna Infracon Infrastructure at ₹0.25 each, Patel Integrated Logistics at ₹0.20, Premier Polyfilm at ₹0.15, KCP Sugar & Industries Corporation at ₹0.10 and Craftroot Retail at ₹0.05 per share. 

All 32 companies covered in the report have September 17, 2026 as the record date for determining shareholders eligible for their respective final dividends. 

Markets faced a volatile previous session 

The dividend dates arrive after a volatile session for Indian equities on September 15. 

The Sensex and Nifty began Tuesday on a positive note before selling intensified during the second half of the session. Crude oil holding above $105 per barrel was among the macroeconomic concerns highlighted during the market decline, particularly because of its implications for inflation and India’s import bill. 

Against that market backdrop, the September 17 record date puts dividend-related corporate action in focus across a broad mix of companies, ranging from infrastructure and chemicals to manufacturing, real estate and industrial businesses.