Shares of HCL Technologies Ltd., Patanjali Foods Ltd. will be of interest on Friday, as the day marks the last session for investors to buy shares to qualify for receiving the dividend before the stock goes ex/record-date. The record date determines the eligible shareholders who will receive the dividend payment. The ex-dividend date, which mostly coincides with the record date, marks when the share price adjusts to reflect the upcoming payout.
HCL Technologies Ltd. board announced an interim dividend of Rs 24 per share. The record date is April 25, 2026. However, since this falls on a market holiday, the ex-date is April 24. Patanjali Foods Ltd. announced an interim dividend of Rs 2 per share. The company said that it had already paid a first interim dividend of Rs 1.75 per share for FY26 during the financial year ended March 31, 2026.
Separately, the company's board fixed Saturday, April 25, 2026, as the record date to determine eligible shareholders entitled to receive the interim dividend. Notably, Mold-Tek Packaging Ltd. has withdrawn the record date fixed for the declaration of its interim dividend for the financial year 2025–26.
In a regulatory filing, the company said that the previously announced record date of April 24, 2026, communicated on April 15, 2026, has been withdrawn following the deferment of the interim dividend declaration. The company added that its Board of Directors decided to defer the declaration of the interim dividend at its meeting held on April 20, 2026.
ALSO READ: Patanjali Foods Announces Second Interim Dividend Of Rs 1.75 Per Share — Check Record Date
Shareholders Eligible For Dividend
Given India's T+1 settlement cycle, shares purchased on the record date (Feb. 16 in this case) will not be eligible for the dividend payment. Therefore, investors who own shares by Feb. 13 will be the beneficiaries.
Dividends are a way for companies to reward shareholders. It is the portion of profits that a company distributes to its shareholders and is essentially a return on the investment shareholders make in the company's equity. Such payments are made through final, interim, and special dividends.
Dividends are taxable in the hands of the shareholders, and companies are no longer required to pay the Dividend Distribution Tax (DDT). The TDS on dividend income for resident individuals is 10% if the dividend amount exceeds Rs 5,000 in a financial year.
ALSO READ: HCLTech Q4 Results: Profit Rises 10% To Rs 4,488 Crore, Revenue Flat On Low Discretionary Spends
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
