CRISIL, Ashiana Housing near ex-dates for dividend and stock split—are they in your portfolio?

Key stocks like CRISIL, Ashiana Housing, and Enbee Trade & Finance are in focus this week as they approach their record dates for dividends and stock splits. Investors need to act before the ex-date, due to the T+1 settlement cycle. Notable action...

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Dividends and stock splits in focus as key stocks near record dates this week.
A few stocks, including CRISIL, Ashiana Housing, and Enbee Trade & Finance, will be on investors' radar this week as they approach their record dates for key corporate actions such as dividends and stock splits.

The record date is a crucial cut-off set by a company to determine which shareholders are eligible to receive specific corporate benefits—such as dividends, bonus shares, stock splits, or rights issues. Only those officially listed as shareholders in the company’s records on this date are entitled to these benefits.

However, due to the T+1 settlement cycle followed in Indian stock markets (where trades are settled one day after the transaction), investors must purchase shares at least one trading day before the ex-date to ensure their names reflect in the company’s register by the record date.


In simpler terms, if you buy a stock on or after the ex-date, you won’t be eligible for that particular corporate action—even if the record date is a day or two later. Therefore, timing your purchase is key to securing such benefits.

According to StockEdge data, here are the companies with upcoming ex-dates this week:

Monday, April 7: Stock Split

Pervasive Commodities: Split from face value of Rs 10 to Re 1

Friday, April 11: Dividend

Ashiana Housing: Interim dividend of 50% @ Re 1 per share
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CRISIL: Final dividend of 2600% @ Rs 26 per share

Stock Split

Enbee Trade & Finance: Split from face value of Rs 10 to Re 1

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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