24 Stocks Including L&T Tech Set for Ex-Record Dates This Week
Investors should note the upcoming record dates for dividends and stock splits, starting October 26.
L&T Technology Services announces a record date for a Rs 20 dividend on October 27.
Shriram Finance and other companies will also issue dividends and stock splits this week.
Investors must hold shares in their demat accounts by the record dates to qualify.
This week, a total of 24 companies, including prominent names like L&T Technology Services and Shriram Finance, will establish ex-record dates for dividends and stock splits. Investors are advised to monitor these dates closely, starting from October 26, to ensure they are eligible for the upcoming corporate actions.
The record dates are crucial for shareholders as they determine eligibility for receiving dividends and participating in stock splits. On October 26, Hexaware Technologies will set a record date for an interim dividend of Rs 9.5 per share, while Midas Fashions will undergo a stock split in a 1:2 ratio. Each share valued at Rs 10 will be divided into two shares of Rs 5 each.
On October 27, L&T Technology Services will mark its record date for a dividend of Rs 20 per share. Other companies, such as Anantam Highways Trust, Indian Emulsifiers, and Magnus Steel and Infra, will also finalize their respective record dates for dividends and rights issues on the same day. This highlights a busy week for investors looking to capitalize on these corporate actions.
The following day, October 28, Cyient will declare a record date for its interim dividend of Rs 12 per share, while Nippon Life India Asset Management will also set a record date for a dividend of Rs 9.5 per share. Urban Enviro Waste Management will announce a rights issue in a 1:1 ratio, further adding to the week's corporate activities.
As the week progresses, on October 29, Shriram Finance will declare a record date for an interim dividend of Rs 6.5 per share, alongside CRISIL and KSolves India, which will also issue dividends. Investors should remain vigilant as companies like Chennai Petroleum Corporation and Ador Welding will finalize their record dates for dividends on October 30. This week presents a significant opportunity for investors to engage with various corporate actions, and they are encouraged to ensure their shares are held in demat accounts by the respective record dates.
