Varun Beverages Ltd., Unifinz Capital India Ltd., and Jash Engineering Ltd. are set to trade ex-dividend as part of scheduled corporate actions this week.
Unifinz Capital India has declared the Interim Dividend of Rs 0.50 per equity share of Rs 10 face value. The board has fixed Monday, April 6 2026, as the record date for the purpose of ascertaining the eligibility of shareholders for the payment of interim dividend for the FY26 and dividend shall be paid/dispatched within the period as stipulated in the Companies Act, 2013.
Varun Beverages has declared an final dividend of Rs 0.5 per equity share of face value of Rs 2 and has fixed April 8, as the record date for the purpose of ascertaining eligibility of equity shareholders for the financial year ended Dec. 31, 2025.
ALSO READ: Buy, Sell Or Hold: Avenue Supermarts, Varun Beverages, NHPC, Nalco, HDFC Bank, Tata Technologies — Ask Profit
Jash Engineering has declared interim dividend of Rs 0.60 per equity share on face value of Rs 2 per equity share for the FY26 and April 10 has been fixed as the record date for determining the eligibility of the members for payment of interim dividend. '
Under India's T+1 settlement cycle, shares purchased on the record date itself will not qualify for the dividend payment. The ex-dividend date, which falls before the record date, marks when the share price adjusts to reflect the upcoming payout.
For instance, if the record date of a dividend stock is April 6, then investors must purchase shares by April 5, to be eligible. The ex-dividend date, which comes before the record date, reflects when the share price adjusts to account for the upcoming payout.
Dividends are a way for companies to reward shareholders. It is the portion of profits that a company distributes to its shareholders and is essentially a return on the investment shareholders make in the company's equity. Such payments are made through final, interim, and special dividends.
Dividends are taxable in the hands of the shareholders, and companies are no longer required to pay the Dividend Distribution Tax (DDT). The TDS on dividend income for resident individuals is 10% if the dividend amount exceeds Rs 5,000 in a financial year.
ALSO READ: Bank Q4 Results: HDFC Bank, ICICI Bank, IDFC First Bank To Announce Quarterly Earnings, Dividend On This Date