Cipla, Maharashtra Scooters, Bajaj Finserv Among 12 Stocks to Go Ex-Dividend on June 27 – Here’s Why It Matters

Mumbai, 26 June 2025: Dividend-seeking investors should circle Friday, 27 June, on their calendars as twelve companies spanning pharmaceuticals, finance, manufacturing, and engineering sectors are set to trade ex-dividend. Leading names such as Cipla, Maharashtra Scooters, Bajaj Finserv, and Swaraj Engines are included in this list.

To qualify for these dividend payments, shareholders must own the respective stocks by market close on Thursday, 26 June. Below is a comprehensive breakdown of the dividend declarations and core business activities of each company involved.

Swaraj Engines Tops the Chart With Highest Dividend of ₹104.50

• Dividend: ₹104.50 per share
• Ex-Date: 27 June
• Record Date: 27 June

Swaraj Engines, a key subsidiary of Mahindra & Mahindra, will distribute the week’s largest dividend. Known for its production of diesel engines and parts used primarily in Swaraj-branded tractors, the company became a majority-owned M&M subsidiary in 2022, following an increase in M&M’s stake to 52.13%.

Maharashtra Scooters to Offer ₹60 Including Special Dividend

• Dividend: ₹60 per share (₹30 final + ₹30 special)
• Ex-Date: 27 June
• Record Date: 27 June

Maharashtra Scooters, affiliated with Bajaj Holdings & Investment, has declared a hefty ₹60 per share dividend, evenly split between final and special payouts. Aside from functioning as a core investment company, it also manufactures die-casting and tooling components for the automotive sector.

Cipla Announces ₹16 Dividend With Special Payout

• Dividend: ₹16 per share (₹13 regular + ₹3 special)
• Ex-Date: 27 June
• Record Date: 27 June

Pharma heavyweight Cipla, headquartered in Mumbai and present in over 80 countries with a product line exceeding 1,500 items, has declared a dividend of ₹16 per share. This comprises a regular payout and a special bonus.

Bajaj Finserv Declares ₹1 Dividend Amidst Strong Financial Profile

• Dividend: ₹1 per share
• Ex-Date: 27 June
• Record Date: 27 June

Financial services leader Bajaj Finserv, which handles lending, insurance, and investment products under the Bajaj Group umbrella, will pay a modest ₹1 dividend. It holds notable interests in Bajaj Finance and both its general and life insurance subsidiaries.

Bajaj Holdings & Investment Offers ₹28 Dividend

• Dividend: ₹28 per share
• Ex-Date: 27 June
• Record Date: 27 June

Bajaj Holdings & Investment Ltd (BHIL), a strategic investment vehicle within the Bajaj Group, earns mainly through dividends and capital appreciation. Its key holdings include Bajaj Auto, Bajaj Finserv, and Maharashtra Scooters.

Other Companies Trading Ex-Dividend on June 27

CARE Ratings

• Dividend: ₹11 per share
• A top-tier credit rating agency enabling corporate fundraising and guiding investors.

Visaka Industries

• Dividend: ₹0.50 per share
• Manufacturer of fibre cement boards, solar roofing solutions, and synthetic yarns.

Vaibhav Global

• Dividend: ₹1.50 per share
• Record Date: 28 June
• A retail firm offering fashion jewellery and lifestyle accessories.

Rainbow Children’s Medicare

• Dividend: ₹3 per share
• Record Date: 28 June
• A leading hospital chain providing pediatric, neonatal, and organ transplant services.

Syngene International

• Dividend: ₹1.25 per share
• Operates as a contract research and manufacturing organisation serving the pharma and biotech sectors.

RPG Life Sciences

• Dividend: ₹24 per share (₹20 regular + ₹4 special)
• Engaged in the global marketing of branded formulations and active pharmaceutical ingredients (APIs).

Jayant Agro Organics

• Dividend: ₹2.50 per share
• A world leader in castor oil-based specialty chemicals with strong export volumes.

Final Word for Income-Focused Investors

With a diverse lineup of companies offering both high and moderate dividends, 27 June is a critical date for those pursuing dividend income strategies. Holding shares until the market closes on Thursday, 26 June, guarantees eligibility for these upcoming payouts.

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