Over 40 companies are set to trade ex-date in the week after budget, signalling the peak of a busy Q3 earnings season.
Among the big names that have announced record dates for dividends, there are GAIL India Ltd., Gillette India Ltd., Bharat Petroleum Corp., ITC Ltd., Indian Energy Exchange Ltd., Nestle India Ltd., NTPC Ltd., and REC Ltd.
Apart from these, we have Omega Interactive Ltd.'s stock split, and Genus Power Infrastructures Ltd.'s spinoff, with Feb. 6 as the record date for both. The record date for GAIL's Rs 6.5 per share interim dividend is Feb. 5, while Gillette with the highest cumulative dividend amount of Rs 180 per share, has set its record date as Feb. 4.
BPCL and IEX have set the record date for their dividends as Feb. 2 and Feb. 4, respectively. Record dates for ITC's Rs 6.5 per share dividend and Nestle India's Rs 7 per share dividend have been set as Feb. 4 and Feb. 6 respectively.
Under India's T+1 settlement cycle, shares purchased on the record date itself will not qualify for the dividend payment. The ex-dividend date, which falls before the record date, marks when the share price adjusts to reflect the upcoming payout.
For instance, if the record date of a dividend stock is Feb. 2, 2026, then investors must purchase shares by Feb. 1, 2026, to be eligible. The ex-dividend date, which comes before the record date, reflects when the share price adjusts to account for the upcoming payout.
Full List Of Companies With Corporate Actions This Week
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