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Stocks to Watch: March 16–20, 2026 Dividend · Rights Issue · Bonus Issue — What's happening and what you need to know. |
Four stocks are expected to be in focus in the week of 16–20 March 2026 due to upcoming corporate actions — a final dividend, two rights issues, and a generously structured bonus share issue. Below is everything you need to know about each, written plainly.
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QUICK REFERENCE · ALL FOUR CORPORATE ACTIONS AT A GLANCE |
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COMPANY |
EX-DATE |
ACTION |
KEY DETAILS |
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DIC India |
March 16 |
Dividend |
₹3 per share (Final Dividend) |
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5paisa Capital |
March 17 |
Rights Issue |
1 share per 2 held @ ₹300 |
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Maharashtra Apex Corp |
March 20 |
Rights Issue |
1 share per 1 held @ ₹10 (at par) |
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Metropolis Healthcare |
March 20 |
Bonus Issue |
3 free shares for every 1 held |
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📋 CORPORATE ACTION DETAILS Full breakdown of each action — eligibility, ratios, amounts and what to do |
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💰 DIVIDEND DIC India Final dividend of ₹3 per share — ex-date 16 March 2026 |
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Ex-Date / Record Date |
Sunday, 16 March 2026 |
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Dividend Amount |
₹3.00 per share (Final) |
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Dividend Type |
Final Dividend for the year |
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How You Receive It |
Credited automatically to your registered bank account — no action required. |
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Eligibility |
Hold shares before 16 March. Shares purchased on or after this date do not qualify. |
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📋 RIGHTS ISSUE 5paisa Capital Rights issue at ₹300 per share — ex-date 17 March 2026 |
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Ex-Date / Record Date |
Monday, 17 March 2026 |
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Issue Price |
₹300 per share (Face Value ₹10 + Premium ₹290) |
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Rights Ratio |
1 new share for every 2 existing shares held (1 : 2) |
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Total Shares on Offer |
Approximately 1.56 crore shares |
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Total Issue Size |
Up to ₹468.8 crore (assuming full subscription) |
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Your Options |
Subscribe at ₹300 per share — OR — renounce (transfer) your rights entitlement to another person. |
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Important |
Rights entitlement letters will be sent to eligible shareholders. Subscription is not compulsory. |
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📋 RIGHTS ISSUE Maharashtra Apex Corporation Rights issue at face value (no premium) — ex-date 20 March 2026 |
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Ex-Date / Record Date |
Thursday, 20 March 2026 |
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Issue Price |
₹10 per share (Face Value — Zero Premium) |
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Rights Ratio |
1 new share for every 1 existing share held (1 : 1) |
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Total Shares on Offer |
Up to 1.41 crore shares |
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Notable Feature |
At-par pricing means you are getting new shares at face value with no premium — a shareholder-friendly structure. |
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Your Options |
Subscribe at ₹10 per share — OR — renounce your rights entitlement to another eligible person. |
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🎁 BONUS ISSUE Metropolis Healthcare 3 free shares for every 1 held — ex-date 20 March 2026 |
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Ex-Date / Record Date |
Thursday, 20 March 2026 |
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Bonus Ratio |
3 : 1 — 3 free shares for every 1 share held |
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Face Value |
₹2 per share (same as existing shares) |
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Board Approval Date |
10 March 2026 |
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Cost to You |
Nothing. Bonus shares are entirely free — funded from the company's own accumulated reserves. |
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How You Receive It |
Bonus shares are credited automatically to your demat account. No application or payment required. |
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Illustrative Example |
If you hold 100 shares of Metropolis Healthcare before 20 March, you will receive 300 additional free shares — taking your total to 400 shares. |
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📖 GLOSSARY — WHAT DO THESE TERMS MEAN? Plain-language definitions for every term used in this column |
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TERM WHAT IT MEANS |
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Ex-Date |
The cut-off date. You must hold shares before this date to receive the dividend, bonus, or rights entitlement. Buying on or after this date means you miss out on the corporate action entirely. |
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Dividend |
A cash payment made by the company to its shareholders from its profits. DIC India is paying ₹3 for every share you own — directly into your linked bank account. |
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Rights Issue |
The company offers existing shareholders the right to buy additional new shares at a fixed, typically discounted price. You may choose to subscribe (pay and receive shares) or renounce (transfer your rights to another person). It is not compulsory. |
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Bonus Issue |
The company distributes free additional shares to shareholders using its own accumulated reserves. You pay nothing. Metropolis Healthcare is giving 3 free shares for every 1 share held — shares are credited automatically to your demat account. |
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Record Date |
The official date used by BSE and the company to determine which shareholders are eligible for the corporate action. Usually the same as, or one day after, the ex-date. |
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Renounce |
In a rights issue, if you do not wish to subscribe, you may transfer (renounce) your rights entitlement to another person — either a family member or by selling the entitlement on the exchange during the specified window. |
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A NOTE FOR READERS Corporate actions such as dividends, rights issues and bonus shares can have a meaningful impact on your portfolio — both in terms of cash received and share count. The ex-date is the single most critical date to track. If you are unsure about whether to subscribe to a rights issue or what a bonus issue means for your existing holding, speak to your broker or a SEBI-registered financial advisor before the ex-date passes. |
DISCLAIMER
This column is published purely for educational and informational purposes. Data on corporate actions has been sourced from BSE (Bombay Stock Exchange) and is accurate to the best of our knowledge as of the date of publication. Nothing in this column constitutes financial advice, a securities recommendation, or a solicitation to subscribe or transact in any security. Rights issue subscription and all investment decisions are subject to individual risk assessment. Readers are strongly advised to consult a SEBI-registered financial advisor before making any investment decisions.
© 2026 Rupie Times · For Educational Purposes Only
