Market Performance
On June 19, four prominent companies—Reliance Industrial Infrastructure Ltd (RIIL), Tata Communications, Tejas Networks Limited, and Panasonic Carbon India Co. Limited—are set to trade ex-dividend.
According to the T+1 settlement cycle, investors were required to purchase shares at least one trading day before the record date to qualify for dividend benefits.
Main News: Stocks Trading Ex-Dividend
Here's a quick look at the companies and their respective dividend announcements:
- RIIL (Reliance Industrial Infrastructure Ltd)
- Dividend Declared: ₹3.50 per share
- Face Value: ₹10
- Financial Year: FY 2024–25
- Approval Status: Subject to AGM clearance
- Payout Timeline: Within a week post-AGM
- Tata Communications
- Dividend Declared: ₹25 per share
- Face Value: ₹10 (250%)
- Record Date: June 19, 2025
- AGM: 39th Annual General Meeting
- Payout Deadline: On or before July 10, 2025
- Tejas Networks Limited
- Dividend Declared: ₹2.50 per share
- Face Value: ₹10
- Date of Declaration: April 25, 2025
- Panasonic Carbon India Co. Limited
- Dividend Declared: ₹12 per share
- Face Value: ₹10 (120%)
- Applicable Financial Year: 2024–25
Company Details
The share prices of RIIL and Tata Communications are in focus today as investors eye dividend eligibility. All four companies have confirmed their record date as June 19, complying with the dividend distribution norms.
Investors who purchased shares by June 18 are eligible to receive the announced dividends, as per the T+1 settlement rule.
Summary of the Article
- Four stocks—RIIL, Tata Communications, Tejas Networks, and Panasonic Carbon—are trading ex-dividend today.
- Record date for dividend eligibility: June 19, 2025.
- RIIL to Tata Communications share price movement is likely to reflect the ex-dividend adjustment.
- Dividend amounts range from ₹2.50 to ₹25 per share, depending on the company's financial performance.
- Investors needed to own shares before June 19 to qualify for dividend payouts.
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