Tata Investment Corporation Shares In Spotlight Ahead Of Ex-Dividend Date
June 9, is the final day for investors to purchase Tata Investment shares to qualify for the dividend.
Tata Investment Corporation Ltd.'s shares are in the spotlight as the company approaches its ex-dividend date on June 9. This follows the announcement during its fourth-quarter results that the dividend date is set for June 10.
In its Q4 2025 results, the company reported a 37.6% decline in net profit, which stood at Rs 37.7 crore compared to Rs 60.5 crore in the same period last year. Additionally, the company's total income dropped by 71%, amounting to Rs 16.6 crore versus Rs 57.5 crore previously.
The record date to determine shareholder eligibility for the dividend was announced in May. According to an exchange filing on May 12, Tata Investment Corporation set June 10, 2025, as the record date.
This means that Monday, June 9, is the final day for investors to purchase Tata Investment shares to qualify for the dividend. Under the T+1 settlement system in Indian equity markets, trades are settled one working day after the transaction date. Therefore, investors must buy shares by June 9, 2025, for the transaction to be settled and reflected in their demat accounts by the record date of June 10, 2025.
The record date is the specific day on which a company finalises the list of shareholders eligible for its upcoming dividend distribution.
