In the present week, 39 companies including Infosys Ltd., ACC Ltd., and Adani Ports and Special Economic Zone Ltd. have upcoming record dates for dividend payments. To be eligible for dividends, investors should take note of the record date, which determines shareholder eligibility. 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 June 9, then investors must purchase shares by June 8, 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. The most significant interim dividend announced this week comes from Oseaspre Consultants Ltd. and Technojet Consultants, which is offering a substantial payout of Rs 87 per share with an ex-d...
Faced with a couple aged between 75 and 80 years fighting a legal battle against each other for alimony, the Allahabad High Court on Tuesday made a strong observation, saying it seemed that 'kalyug' (the age of darkness in Hinduism) has arrived.
Hearing a petition by the husband, Munesh Kumar Gupta of Aligarh, against a family court order in favour of his wife, Justice Saurabh Shyam Shamshery said the legal contest was a matter of concern and also tried to give advice to the couple.
Mr Gupta's wife had demanded alimony from him and the family court had ruled in her favour. The man challenged the order and, issuing a notice to the wife, the high court said it hoped that they would come to an agreement by the next date of hearing.
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