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IRFC

Tech Mahindra, HDB Financial, IRFC, Oberoi Realty Ex‑Dividend Date Oct 23: Final Day to Buy Shares

On Thursday, 22 October, investors can still purchase shares of Tech Mahindra, HDB Financial Services, Indian Railway Finance Corporation, and Oberoi Realty to qualify for dividend payouts scheduled for 23 October. The ex‑dividend dates for these stocks fall on Friday, 23 October, making Thursday the last day to buy before the settlement cycle of T+1 ensures eligibility. Shares bought on 22 October will settle on 23 October, the record date for the dividend distribution.

Tech Mahindra’s board has announced an interim dividend of ₹15 per share, based on a face value of ₹5, for the financial year 2026‑27. The company has stated that the interim dividend will be paid by 13 November, as disclosed in an exchange filing. HDB Financial Services has declared an interim dividend of ₹2 per share for FY27, while Indian Railway Finance Corporation will pay ₹1.15 per share as an interim dividend for the same period.

Other companies with ex‑dividend dates on 23 October include 360 ONE WAM Ltd, which will distribute an interim dividend of ₹7.50 per share; Artemis Electricals and Projects Ltd, offering ₹0.006 per share; Garuda Construction and Engineering Ltd, paying ₹0.03 per share; LTM Ltd, issuing ₹25 per share; Modison Ltd, paying ₹4 per share; and ICICI Lombard General Insurance Company Ltd, distributing ₹7 per share. Each of these dividends is based on the respective face values and will be paid on the record date of 23 October.

Azad India Mobility Ltd has announced a 1:5 stock split, reducing the face value of each share from ₹10 to ₹2, effective on 23 October. Titan Biotech Ltd has declared a 1:4 bonus issue, granting shareholders one bonus share for every four existing shares held. These corporate actions coincide with the ex‑dividend dates, providing investors with additional opportunities to adjust their portfolios before the settlement period.

Hexaware Technologies, a technology and business process services firm, has set 26 October as the record date for the payment of its second interim dividend of ₹9.5 per share for the financial year 2026. Investors interested in this dividend must ensure purchase of Hexaware shares before the 26 October record date to be eligible for the ₹9.5 per share payout. The company’s announcement was made on Monday, highlighting the importance of timely transactions for dividend eligibility.