Asian Paints, Tata Investment, Indian Bank Among Key Stocks Turning Record Date Today

June 10, 2025, is an important date for investors as several notable companies have either turned ex-dividend or ex-split. This includes popular names like Asian Paints, Tata Investment Corporation, Indian Bank, and Johnson Controls-Hitachi Air Conditioning India, along with Vesuvius India, which is trading ex-split today.

Key Details of Dividend Payouts

Asian Paints

Asian Paints has proposed a final dividend of ₹20.55 per equity share with a face value of ₹1, for FY25. This comes in addition to the ₹4.25 interim dividend already paid, taking the total dividend for FY25 to ₹24.80 per share. June 10, 2025, has been set as the cut-off date to identify shareholders eligible for the benefit.

Tata Investment Corporation

Tata Investment Corporation has recommended a final dividend of ₹27 per share, with June 10, 2025, as the record date.

Johnson Controls-Hitachi Air Conditioning India

Johnson Controls Hitachi Air Conditioning has announced a final dividend of ₹15 per share, also using June 10 as the record date for eligibility.

Indian Bank

Indian Bank has proposed a final dividend of ₹16.25 per share, with its record date also set for June 10, 2025. The bank will conduct its 19th Annual General Meeting on June 17, 2025, where the dividend is expected to be confirmed.

Stock Split Announcement

Vesuvius India Ltd

Vesuvius India will trade ex-split today. The company has approved a stock split in a 1:10 ratio, converting 1 fully paid-up equity share of ₹10 into 10 equity shares of ₹1 each. The record date is June 10, 2025.

Also Read: Bonus, Stock Split and Dividend This Week June 9-13: Tata Elxsi, Adani Ports, VTM and More! 

Corporate Action Summary 

Understanding Record Date and T+1 Settlement Rule

Under India’s T+1 settlement cycle, investors must purchase a company’s stock at least one day before the record date to be eligible to receive dividends or benefit from a stock split. That makes June 9 the effective cut-off date to qualify for these corporate actions announced for June 10.

Conclusion

These dividend and stock split announcements are crucial for investors tracking yield opportunities or anticipating changes in stock liquidity. Investors who held shares before June 10 are now eligible for these corporate benefits. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.