NELCO to Asian Paints: 5 stocks in focus turning ex dividend today or tomorrow
Dividend Stocks: NELCO, Asian Paints, Tata Elxsi Ltd, Indian Bank, Johnson Controls-Hitachi Air Conditioning India Ltd. and Tata Investment Corporation Ltd. are the 5 stocks in focus today that are turning ex dividend today or tomorrow
These companies had set Monday or Tuesday as record date for identifying list of share holders that are eligible to received dividend.
Record date as per T+1 Settlement procedure means that investors need to buy the shares of the companies one day prior to the record date in order that their names appear in the list of eligible share holders to receive dividends and reap benefits of dividend payout amounted by the companies.
NELCO Ltd- Subject to shareholder approval at the company's subsequent annual general meeting, the Board of Directors has recommended a final dividend of Rs. 1 per share (10%) (face value of Rs. 10 each) for the fiscal year that ended on March 31, 2025.
The record date for identifying list of eligible share holders to received dividend had been set by NELCO Ltd as 9 June 2025. The shares of NELCO will trade Ex dividend today and share holders who wished to benefit from dividend announcement by NELCO needed to buy shares of NELCO Ltd a day prior to Record date i.e Friday 6 June 2025
Asian Paints Ltd: Subject to shareholder approval at the company's 79th Annual General Meeting, a final dividend payment of Rs. 20.55 per equity share with a face value of Re. 1 each was recomended by Asian Paints for the fiscal year 2025.
Including the interim dividend of Rs. 4.25 per equity share, which was approved by the Board of Directors at their meeting on November 9, 2024, and paid out later, the total dividend for the fiscal year 2025 comes to Rs. 24.80 per equity share of face value Re. 1 (Rupee one) each for the fiscal year concluded on March 31, 2025.
If the shareholders approve, the dividend will be paid on or after Monday, June 30, 2025.
Indian Bank - With record date on Tuesday, June 10, 2025, Indian Bank announced a final dividend of ₹ 16.25 per share.
Johnson Controls-Hitachi Air Conditioning India Ltd.: Johnson Controls-Hitachi Air Conditioning India Ltd. announced a final dividend of ₹ 15 per share WITH RECORD DATE as On Tuesday, June 10, 2025,
Tata Investment Corporation Ltd.: With a record date of Tuesday, June 10, 2025, Tata Investment Corporation Ltd. had recommended a final dividend of ₹ 27 per share.
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
32 minutes ago
- Time of India
Vendors told to shift to new Morhabadi market building
Ranchi: The municipal corporation (RMC) on Tuesday formally sent notification to 161 selected vendors asking them to shift to the newly constructed vendor market near the Morabadi electricity office at the earliest. Additional municipal commissioner Sanjay Kumar said, "All allottees are to ensure the timely setup of their shops at the assigned stalls or platforms." He added, "The allotment was conducted with full transparency. Vendors who couldn't be allotted due to document issues can reapply during the second phase." The new market, built at a cost of Rs 1.36 crore with capacity to house 218 vendors, marks a push by the Ranchi Municipal Corporation to decongest footpaths and bring order to the vending ecosystem. Initially, 418 applied in April, out of which 169 were shortlisted based on eligibility, including PM SVANidhi registration and vendor IDs issued before March 5, 2022.
Time of India
32 minutes ago
- Time of India
Bank fraud case: Court rejects plea of accused to take part in trial without bail
Kanpur: Special Judge Companies Act Azad Singh on Tuesday rejected the plea of two accused who sought permission to appear and participate in the trial of Rs 7,820 crore bank fraud case without seeking bail. Tired of too many ads? go ad free now The judicial official not only dismissed their application but also ordered that a date be fixed every week in the case. June 17 has been fixed as the next date of hearing. The accused applicants, Sunil Verma and Anoop Kumar Verma, had submitted an application before the court to allow their participation in the trial. Kaushal Kishore Sharma, special prosecutor for the case, strongly opposed the plea, stating that without obtaining bail they can not be allowed to participate in the proceedings. The Companies Act contains special provisions regarding bail, which override those in the Cr PC. Consequently, the judicial official dismissed the application and fixed June 17 as the next date of hearing. Sharma stated that the Serious Fraud Investigation Office had lodged a complaint against 69 accused on behalf of several banks in bank fraud amounting to Rs 7,820 crore. Some name and famed persons of the city were also implicated in the case while as many as 20 accused were residing abroad and their files had been separated from the main case. Sharma mentioned that the court had already issued a non-bailable warrant against the accused, Satish Chandra Gupta, who is living abroad. The two accused Sunil Verma and Anoop Kumar Badhera had approached the apex court, where an order was passed that no coercive action should be taken against them, although their application is still pending. On Monday last, they moved an application before the court, which was dismissed. Tired of too many ads? go ad free now One of the accused, Vikram Kothari, has died, while others such as Rahul Kothari, builder Vishwanath Gupta, industrialist Suyash Desari and others have obtained bail orders in their favour from the apex court. The special prosecutor added that both accused have also applied for permission to travel abroad, and the court has reserved its order on that prayer. Speaking with TOI, the special prosecutor stated that the accused had formed a company for mercantile trading. They acquired a letter of credit from a bank, claiming that the company would purchase rice from one country and sell it in another. However, they used the funds for personal gains and only displayed sales and purchases on paper. The corporate ministry detected the nexus and ordered the Serious Fraud Investigation Office to lodge a complaint in the Companies Act court in 2020. Kanpur has the Companies Act court, which is the only one in Uttar Pradesh.
Time of India
32 minutes ago
- Time of India
Six firms booked for cheating medical device company of 2.23cr
Surat: Vesu police have registered a case of cheating against the proprietors of six firms from various states for allegedly duping a Surat-based medical device manufacturing company of Rs 2.23 crore. The case was filed following a complaint by Chintan Kapadiya, director of Envision Scientific Pvt Ltd. According to the complaint, Envision Scientific and its associate company, Concept Medical Research Pvt Ltd, supplied medical devices to the six accused firms over the past seven years. Despite repeated notices, emails and payment reminders, the firms allegedly failed to clear their dues. The companies named in the FIR include: Sakshi Enterprise (Raipur, Chhattisgarh), Bright Cardio Care (Perambalur, Tamil Nadu), SVR Medical Technologies (Thane), Meditree Health Solutions (Hyderabad), Hindustan Enterprises (Ranchi), Infinite Medical Solutions (Mumbai). The products supplied included a range of medical devices such as Albuminous, Mitigator, Nostrum and MagicTouch, among others. Kapadiya stated that both Envision Scientific and Concept Medical, which also operates a manufacturing unit in the Sachin industrial area, have faced continuous delays and non-payment from these firms, despite fulfilling all delivery obligations. Vesu police have booked all six firms under relevant sections of the IPC for cheating and initiated an investigation into the matter.
