Today, the Indian stock market is set to witness notable activity, particularly with Tanla Platforms and Vesuvius India shares, as both companies will be trading ex-dividend. As the market opens on a somewhat sluggish note amid varied global signals, investors are keenly watching these stocks due to their upcoming corporate actions.
Understanding Ex-Dividend Trading
The ex-dividend date is crucial for investors as it marks the point when a stock no longer reflects its upcoming dividend payout. From this day onward, the share price adjusts, excluding the value of the dividend. Shareholders listed in the company’s records before the record date will receive the dividend, while those purchasing shares post-ex-dividend will not.
Key Stocks to Watch
Tanla Platforms
- Dividend Announcement: Tanla Platforms has announced an interim dividend of ₹6 per share, which takes effect today, April 30.
- Record Date: The record date for this dividend is also set for today, ensuring that only those on the books will benefit from this payout.
- Official Statement: The company’s Board of Directors confirmed the declaration during a meeting held on April 24, 2025, stating that this marks a 600% payout based on a face value of Re. 1 per share.
Vesuvius India
- Dividend Declaration: Vesuvius India has declared a final dividend of ₹14.5 per share, with trading ex-dividend starting today, April 30.
- Upcoming Record Date: Shareholders will need to note that the record date for this dividend is set for May 1, with payment contingent upon approval during the Annual General Meeting scheduled for May 8, 2025.
Market Insights
Investors should remain alert as these dividends can influence stock prices significantly. Bajaj Finance, Vedanta, and SBI are also among the stocks drawing attention today, highlighting a vibrant trading atmosphere within the Indian equity markets.
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