ICICI Bank, Grasim et al. Among Stocks That Will Go Ex-Dividend Tomorrow
By Ankur Chandra | Published at: Aug 11, 2025 11:16 AM IST
Mumbai, August 11, 2025 – ICICI Bank, Grasim are among 10 stocks that will go ex-dividend tomorrow, 12th August. Today is the last day for buying these stocks in order to become eligible for the most recent dividends announced by these companies.
Dividend Declarations
As mentioned, several companies have announced dividend payouts with the ex-dividend date set for August 12, 2025. The declarations include both final and interim dividends across sectors such as banking, engineering, chemicals, textiles, and infrastructure.
Notable announcements include ICICI Bank Ltd declaring a dividend of ₹11 per share. Grasim Industries Ltd is offering ₹10 per share, and Axtel Industries Ltd is announcing ₹6 per share.
Other companies declaring dividends include Arvind Fashions, Dwarikesh Sugar Industries, H.G. Infra Engineering, India Pesticides, KIFS Financial Services, NGL Fine Chem, and RITES Ltd. The record date for all payouts is August 12, 2025, with book closures between August 11–12, 2025.
| Company | Dividend Type | Amount (₹/share) | Ex-Date | Record Date | Book Closure Start | Book Closure End |
|---|---|---|---|---|---|---|
| Arvind Fashions Ltd | Final | 1.60 | 12-Aug-2025 | 12-Aug-2025 | 11-Aug-2025 | 12-Aug-2025 |
| Axtel Industries Ltd | Final | 6.00 | 12-Aug-2025 | 12-Aug-2025 | 11-Aug-2025 | 12-Aug-2025 |
| Dwarikesh Sugar Industries Ltd | Final | 0.50 | 12-Aug-2025 | 12-Aug-2025 | 11-Aug-2025 | 12-Aug-2025 |
| Grasim Industries Ltd | Dividend | 10.00 | 12-Aug-2025 | 12-Aug-2025 | 11-Aug-2025 | 12-Aug-2025 |
| H.G. Infra Engineering Ltd | Final | 2.00 | 12-Aug-2025 | 12-Aug-2025 | 11-Aug-2025 | 12-Aug-2025 |
| ICICI Bank Ltd | Dividend | 11.00 | 12-Aug-2025 | 12-Aug-2025 | 11-Aug-2025 | 12-Aug-2025 |
| India Pesticides Ltd | Dividend | 0.75 | 12-Aug-2025 | 12-Aug-2025 | 11-Aug-2025 | 12-Aug-2025 |
| KIFS Financial Services Ltd | Final | 1.50 | 12-Aug-2025 | 12-Aug-2025 | 11-Aug-2025 | 12-Aug-2025 |
| NGL Fine Chem Ltd | Final | 1.75 | 12-Aug-2025 | 12-Aug-2025 | 11-Aug-2025 | 12-Aug-2025 |
| RITES Ltd | Interim | 1.30 | 12-Aug-2025 | 12-Aug-2025 | 11-Aug-2025 | 12-Aug-2025 |
What is a Dividend?
Dividend is a share of a business’s profit distributed to its shareholders as a gesture of gratitude for investing in the business. It can be paid in cash but may also be paid in shares. Companies declare dividends after considering their financial position, cash on hand, and future expenses to be incurred. The ex-date is cutoff date of qualification just the pre-cutoff date shareholders who hold the stock qualify for the dividend declared.
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