Vedanta and TCS have announced October 14, 2026, as the record date for their upcoming dividend payouts. Investors who want to receive these dividends must purchase shares by this date due to the T+1 settlement cycle in domestic stock markets.
- Vedanta's second interim dividend record date is October 14, 2026.
- TCS reported a 15% increase in consolidated net profit in Q2 FY27.
- TCS's revenue grew by 11.22% in the July-September quarter.
- About 10% of TCS's revenue now comes from artificial intelligence (AI) services.
- TCS secured new transformation deals with Porsche and Best Buy.
What is the dividend record date for Vedanta and TCS?
The dividend record date for both Vedanta and TCS is October 14, 2026. This date determines which shareholders are eligible to receive the declared dividend. Only investors who own shares by this date will be listed as shareholders in the company records and receive payouts.
Why must investors buy shares by October 14?
Domestic stock markets operate on a T+1 settlement cycle, meaning that trades settle one business day after the trade date. To be eligible for dividends, investors must purchase shares before the record date so that ownership is confirmed by October 14. Buying shares on or after the record date will not qualify for the dividend.
What dividend details has Vedanta provided?
Vedanta declared a second interim dividend for the fiscal year 2027. The dividend will be paid on October 30, 2026, to shareholders recorded on October 14. This information was shared through an official exchange filing.
How did TCS perform financially in Q2 FY27?
Tata Consultancy Services (TCS) reported a 15% increase in consolidated net profit, reaching ₹13,884 crore in the second quarter of fiscal year 2027. This is up from ₹12,075 crore in the same period last year. The company's revenue from operations also grew by 11.22%, totaling ₹73,188 crore compared to ₹65,799 crore previously.
What role does AI play in TCS's revenue growth?
Approximately 10% of TCS's overall revenue now comes from artificial intelligence services. The company increased its annualized AI revenue to $3.1 billion, up from $2.6 billion in the previous quarter. This growth reflects TCS's focus on industrializing AI at scale.
What new partnerships has TCS announced?
TCS announced two significant transformation deals with Porsche and Best Buy. These partnerships represent a new category of collaboration aimed at building repeatable value platforms. The company aims to leverage these deals to expand AI applications across industries.
Frequently Asked Questions
Q: What is a dividend record date?
A: The dividend record date is the cutoff date set by a company to determine which shareholders are eligible to receive the upcoming dividend payment.
Q: What does T+1 settlement cycle mean?
A: T+1 means that a trade settles one business day after the transaction date. Ownership of shares is officially transferred on the next business day.
Q: When will Vedanta pay the declared dividend?
A: Vedanta will pay the second interim dividend on October 30, 2026, to shareholders recorded on October 14.
Q: How has TCS's AI revenue changed recently?
A: TCS increased its annualized AI revenue from $2.6 billion to $3.1 billion in the recent quarter, showing strong growth in this segment.
