Overview

• CyberTech Systems will trade ex-dividend on Oct. 6 after declaring a special dividend of Rs 20 per share with the record date set for that day.
• Hexaware Technologies is scheduled to go ex-dividend on Oct. 10 for an interim payout of Rs 5.75 per share, with the company indicating a total distribution of about Rs 350 crore.
• Rashtriya Chemicals and Fertilizers is slated to trade ex-dividend on Oct. 10 for a final payout reported at Rs 1.30–1.32 per share, with filings citing a record date of Oct. 10 and an aggregate near Rs 73 crore.
• Other actions this week include a 1:1 bonus at Julien Agro Infratech, a stock split at Sigma Solve into 10 shares of Re 1 each, an AGI Infra split from Rs 5 to Re 1, Narmada Macplast’s 1:1 bonus plus a split to Rs 2 face value, and a 1:2 bonus at Valiant Communications.
• Under T+1 settlement, investors must own shares before the record date to qualify, the ex-date precedes the record date, and dividends are taxed in shareholders’ hands with 10% TDS above Rs 5,000 in a financial year.