Dividend Record Date: 23 September Is Last Day To Buy These Shares
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23 September is the last trading day to buy shares of Shri Venkatesh Refineries, Engineers India, Arfin India and Adtech Systems for their 24 September dividend record date.
Shares of Shri Venkatesh Refineries, Engineers India, Arfin India and Adtech Systems are likely to remain in focus on Wednesday as investors get one last trading session to qualify for their upcoming dividends.
With all four companies fixing 24 September as the dividend record date, investors need to buy the shares by 23 September to remain eligible for the payout. Under the T+1 settlement cycle, shares bought on 24 September would not be settled in time for investors to qualify for the record date.
Dividend Snapshot
Here is a quick overview of the dividend details:
Adtech Systems Ltd | ₹1.10 (Final Dividend) | 24 September 2026 |
Arfin India Ltd | ₹0.12 (Interim Dividend) | 24 September 2026 |
Engineers India Ltd | ₹2.50 (Final Dividend) | 24 September 2026 |
Shri Venkatesh Refineries Ltd | ₹1.00 (Final Dividend) | 24 September 2026 |
What Is A Dividend Record Date?
Companies announce a record date when declaring a dividend to determine which shareholders will receive the payment.
Investors who hold the shares in their demat accounts in accordance with the applicable settlement timeline qualify for the dividend. The same process is used for other corporate actions, including bonus shares and stock splits.
Stock Market Outlook Today
The dividend-related stocks will be watched alongside the broader market on Wednesday. The Nifty 50 and Sensex ended their four-session winning streak in the previous trading session. The Nifty also formed a bearish candle on the daily chart, pointing to some selling pressure at higher levels.
Market participants will therefore be tracking both the individual dividend stocks and the broader movement in the benchmark indices during Wednesday's session.
Also Read - Iris Global Services Files IPO Papers With SEBI For ₹200 Crore Fresh Issue
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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