CRISIL, Ashiana Housing near ex-dates for dividend and stock split—are they in your portfolio?
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A few stocks, including CRISIL, Ashiana Housing, and Enbee Trade & Finance, will be on investors' radar this week as they approach their record dates for key corporate actions such as dividends and stock splits. The record date is a crucial cut-off set by a company to determine which shareholders are eligible to receive specific corporate benefits—such as dividends, bonus shares, stock splits, or rights issues. Only those officially listed as shareholders in the company’s records on this date are entitled to these benefits. However, due to the T+1 settlement cycle followed in Indian stock markets (where trades are settled one day after the transaction), investors must purchase shares at least one trading day before the ex-date to ensure their names reflect in the company’s register by the record date. In simpler terms, if you buy a stock on or after the ex-date, you won’t be eligible for that particular corporate action—even if th...