Dividends, bonus issues: TCS, LIC, Bajaj Auto among 30 stocks turning ex-date this week. Check details
Approximately 30 Indian stocks are moving to ex-date this week for various corporate actions including dividends, bonus issues, and stock splits, according to reports. Investors must hold shares in their demat accounts by the record date to qualify for these distributions, with the list potentially expanding as additional companies announce their record dates.
Several major Indian companies including TCS, LIC, and Bajaj Auto are among approximately 30 stocks scheduled to turn ex-date this week for corporate actions, according to market announcements. The corporate actions include dividend distributions, bonus share issuances, and stock splits. For investors to remain eligible for these payouts, they must hold the respective shares in their demat accounts on the designated record date. The announcement indicated that the list remains tentative, as additional companies may announce their record dates for various corporate actions during the trading week.
Ex-dates hold significant importance for equity traders and investors as they mark the point after which newly purchased shares do not qualify for the announced corporate action. Missing the record date can result in forfeiture of dividend payments or bonus allocations. For Indian market participants, tracking ex-dates across large-cap and mid-cap companies is essential for portfolio management and cash flow planning. Given the inclusion of prominent names like TCS, LIC, and Bajaj Auto—all substantial constituents in major indices—the week's ex-date activity could influence overall trading volumes and investor positioning. The potential for additional announcements during the week adds an element of uncertainty, requiring investors to monitor their portfolios actively and verify record dates for holdings before settlement deadlines.
Source: Markets-Economic Times
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