TCS to Tata Investment Corporation: Here are 11 shares that will turn ex-dividends, stock splits this week; check full list

Record date is the date to ascertain shareholders who are eligible will receive the dividend.

Elecon Engineering Company has fixed October 16 as the record date for payment of interim dividend of 50 paise per shares. Anand Rathi Wealth and Rama Phosphates will also consider their interim dividends later this week.

In another development for equity markets, Gokul Agro Resources, Tata Investment Corporation, Welcure Drugs & Pharmaceuticals, A B Infrabuild, Narmada Macplast Drip Irrigation Systems, Rolex Rings and Sunrakshakk Industries will undergo stock split.

Tata Investment Corporation will undergo stock split on Tuesday, October 14. The stock will be split in ratio of 1:10. Its face value be cut from ₹10 to ₹1.

Gokum Agro will see its face value half from ₹2 to ₹1 and Welcure Drugs & Pharmaceuticals will see its face value come down to ₹1 from ₹10 on October 16.

A B Infrabuild's face value will come down from ₹10 to ₹1 on October 17, Narmada Macplast Drip Irrigation Systems' face value will be split from ₹10 to ₹2 on October 18, Rolex Rings stock will be split from face value of ₹10 to ₹1 and Sunrakshakk Industries face value will be cut from ₹10 to ₹2.

Companies usually undertake stock splits to increase liquidity in the stock by reducing the face value and increasing the number of outstanding shares in the market.

TCS dividend

Tata Consultancy Services (TCS) on Thursday, October 9, announced an interim dividend of ₹11 per share, alongside the release of its September quarter (Q2 FY26) results.

In its exchange filing, the IT services major stated that at the Board Meeting held on Thursday, the Directors declared a second interim dividend of ₹11 per equity share of ₹1 each.

The dividend will be paid on Tuesday, November 4, 2025, to shareholders whose names appear in the Register of Members or in the records of the Depositories as beneficial owners as of the Record Date—Wednesday, October 15, 2025.

Tata Investment Corporation stock split

On August 4, 2025, Tata Investment Corporation said that its board had approved subdivision of the existing equity share having face value of ₹10 each into ten equity shares having face value of ₹1 each (1:10 ratio), fully paid-up subject to approval of the shareholders and any regulatory approvals.

TICL reported an 11.6% increase in consolidated profit after tax (PAT) at ₹146.3 crore for the first quarter ended June 30 (Q1 FY26), 2025 on higher dividend income.

The company had posted a consolidated profit after tax (PAT) of ₹131.07 crore in the same quarter last fiscal, Tata Investment Corporation Ltd (TICL) said in a regulatory filing.