Reported by CNBC-TV18 Markets, not nibnow. We are not the publisher of this story, only the source is.
Investors holding these nine stocks before the record date will be eligible for the announced dividends, affecting their potential returns.
As many as nine stocks will see their record date for dividend announcement they made earlier, along with their September quarter results. The eight stocks include names such as Hexaware Technologies, L&T Technology Services, Cyient, Nippon Life India AMC, CRISIL, Shriram Finance, Chennai Petro, RailTel & Steel Strips Wheels.
The record date determines which shareholders qualify for a dividend; once that date passes, the stock trades ex‑dividend and typically drops by the dividend amount.