Indian Markets Face Heavy Ex-Date Week With Page Industries' Rs 125 Dividend, Adani Rights, Autoriders Bonus

Investor eligibility hinges on ex-dates under India's T+1 settlement, requiring purchases before the cutoff.

Overview

Dozens of equities will trade ex-dividend, ex-rights or ex-bonus between November 17 and 21, according to schedules from NDTV Profit and News18.
Page Industries will trade ex-dividend on November 19 for an interim payout of Rs 125 per share, the week's largest distribution.
Blue-chip actions include Asian Paints at Rs 4.50 per share on November 18, IRCTC at Rs 5.00 on November 21, and MRF at Rs 3.00, with Cochin Shipyard at Rs 4.00 also on the calendar.
Adani Enterprises goes ex-rights on Monday, November 17, while Autoriders International's 5-for-1 bonus is slated to go ex-bonus on Tuesday, November 18.
Under the T+1 cycle, buyers must own shares before the ex-date to receive benefits, and prices commonly adjust on the ex-date to reflect the payout.