NELCO, Asian Paints, Tata Elxsi, Indian Bank & More: 5 Stocks Turning Ex-Dividend on 9th–10th June 2025

Market Performance

Global indices opened mixed on Monday, yet domestic focus stayed firmly on six dividend-heavy counters. Since an ex-dividend session typically sees price adjustments roughly matching the declared payout, traders watched NELCO, Asian Paints, Tata Elxsi Ltd, Indian Bank, Johnson Controls-Hitachi Air Conditioning India Ltd, and Tata Investment Corporation for potential one-day volatility. Short-term moves aside, the record dates drive investor attention toward dividend eligibility rather than intraday price swings.

Main News

Five of the six stocks turn ex-dividend between 9 June and 10 June 2025:

Asian Paints' final payout raises the total FY 2025 dividend to ₹24.80 per share when the interim dividend of ₹4.25, declared last November, is included.

Record-date checklist

• T+1 rule: Shares must be purchased one trading day before the record date.
• NELCO investors needed to buy by Friday, 6 June.
• For the other four names, the cut-off was Monday, 9 June.

No dividend figure was disclosed for Tata Elxsi Ltd; only its ex-dividend status was confirmed.

Company Details

NELCO Ltd

• Dividend: ₹1/share (final)
• Record Date: 9 Jun 2025
• AGM Approval: Pending

Asian Paints Ltd

• Dividend: ₹20.55/share (final)
• Total FY 2025 Payout: ₹24.80/share
• Record Date: 10 Jun 2025
• Payment Date: On or after 30 Jun 2025

Tata Elxsi Ltd

• Status: Scheduled to trade ex-dividend within the same window; amount not provided in the reference notice.

Indian Bank

• Dividend: ₹16.25/share
• Record Date: 10 Jun 2025

Johnson Controls-Hitachi Air Conditioning India Ltd

• Dividend: ₹15/share
• Record Date: 10 Jun 2025

Tata Investment Corporation

• Dividend: ₹27/share
• Record Date: 10 Jun 2025

Summary

A cluster of ex-dividend actions is set to recalibrate the share prices of NELCO, Asian Paints, Tata Elxsi Ltd., Indian Bank, Johnson Controls-Hitachi Air Conditioning India Ltd., and Tata Investment Corporation over the subsequent two sessions. Although day-to-day moves may mirror the payout value, the key takeaway for shareholders is straightforward: those holding the stock by the cut-off dates will pocket dividends ranging from ₹1 to ₹27 per share.