Shareholders Set for Pocket Money: Company Announces Distribution of Rs 3 Per Share - Deadline Approaching
In today's market update, we bring you the latest news and developments across various sectors.
The date is September 18, 2025, and here are the key points to watch out for:
- The record date for NSDL dividend in 2025 is today, but the credit date for the dividend will be post-Diwali. A total of 123 stocks are going ex-date today with dividends, splits, and rights issues, as per the full list.
- Stocks to keep an eye on for September 19 include Vedanta, JSW Energy, Adani Group stocks, Oil India, and more.
- In other news, TCS and Vodafone Idea have entered into a 5-year deal for an unspecified reason.
- MobiKwik has frozen 2000 merchant accounts due to significant losses.
- The Modi government's big plan for Indian Railways includes the launch of 1000 Amrit Bharat Express and up to 200 Vande Bharat Sleeper trains.
Moving on, there's a dividend bonanza in the markets section. Stove Kraft Ltd, a company offering a dividend, has set a record date for next Monday. The dividend type is a cash dividend, and the amount per share is Rs 3. However, the exact date of the general meeting for dividend approval and the CEO's (Vorstandsvorsitzende) details before the dividend payout are not available at this time.
Elsewhere, the share price target for Samvardhana Motherson has been hiked by Citi with a SELL rating, citing 5 reasons. An image from Canva and ET Now accompanies this report.
Finally, the dividend event is scheduled on a BSE (Bombay Stock Exchange), and the time of this update is 16:27 IST. This article is authored by Shahnaz Parveen.
Stay tuned for more updates as we continue to monitor the markets and bring you the latest news and developments.
