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Investors Face Final Day Before Six Corporate Action Record Dates
Companies sometimes give shareholders dividends or split their shares into smaller-value shares.
To know who gets these benefits, companies set a record date.
Investors generally need to buy shares one trading day earlier because India uses T+1 settlement.
The article says September 24 is the last qualifying day for companies with a September 25 record date.
Midwest Energy plans to turn every ₹10 share into ten ₹1 shares.
Naturite Agro Products plans to turn every ₹10 share into two ₹5 shares.
Four other companies are listed for dividend payments.
The article has a date inconsistency because A D S Diagnostics is shown with September 26 rather than September 25.
Six companies have announced dividend payments or stock splits with record dates in late September 2026.
Under India’s T+1 settlement system, September 24 is the effective final buying day for most September 25 record dates.
Midwest Energy will split each ₹10 share into ten shares of ₹1 each.
Naturite Agro Products will split each ₹10 share into two shares of ₹5 each.
The article lists A D S Diagnostics with a September 26 record date, despite stating that all six companies selected Friday, September 25.
- Who
- A D S Diagnostics, LGT Global Hospitality, Sri Lotus Developers and Realty, Naturite Agro Products, Noble Polymers, and Midwest Energy.
- What
- The companies have announced dividends or stock splits and set record dates for shareholder eligibility.
- Where
- The actions concern companies in the Indian stock market.
- When
- Most record dates are September 25, 2026; A D S Diagnostics is listed with September 26, 2026. September 24 is described as the last qualifying trading day for September 25 actions.
- Why
- Record dates determine which shareholders qualify, while the T+1 settlement cycle means shares must generally be bought one business day earlier.
Key facts
- Settlement cycle
- India follows a T+1 stock-market settlement cycle.
- September 25 actions
- LGT Global Hospitality, Sri Lotus Developers and Realty, Naturite Agro Products, Noble Polymers, and Midwest Energy are listed with this record date.
- A D S Diagnostics dividend
- ₹1.20 per share; record date listed as September 26, 2026.
- LGT Global Hospitality dividend
- ₹0.25 per share.
- Sri Lotus Developers and Realty dividend
- Final dividend of ₹0.50 per share.
- Noble Polymers dividend
- Final dividend of ₹0.05 per share.
- Stock splits
- Midwest Energy: ₹10 to ₹1; Naturite Agro Products: ₹10 to ₹5.
Quotes
Midwest Energy Ltd
The company named in the BSE filing approving Midwest Energy’s stock split.
“each existing equity share of the Company having a face value of Rs. 10/- (Rupees Ten only) each, fully paid-up, shall be sub-divided/split into equity share of Rs. 1 /- (Rupees One only) each, fully paid-up.”
livemint.com
Sources
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