Trent, Tata Chemicals, Avantel go ex-dividend on June 12; Ethos rights issue set to open
Published on 11/06/2025 10:40 PM
Trent, Tata Chemicals, Avantel go ex-dividend on June 12; Ethos rights issue set to openJune 12, 2025, marks a crucial day for the Indian stock market as Trent, Tata Chemicals, and Avantel trade ex-dividend, while Ethos launches a major rights issue to raise ₹409 crore.By Ajay Vaishnav June 11, 2025, 10:40:01 PM IST (Published)2 Min ReadAs the Indian stock market gears to open on Thursday, June 12, 2025, investors will keep a close eye on leading companies such as Trent, Tata Chemicals and Avantel. The three companies will trade ex-dividend. Further fuelling the market buzz will be Ethos as the company initiates a significant rights issue.
Three major stocks go ex-dividend on June 12
Trent Ltd will trade ex-dividend on June 12, 2025, following its announcement of a ₹5 per equity share dividend for the fiscal year 2024-25. The company has fixed the record date for dividend eligibility on the same day, with payouts expected after shareholder approval around July 7, 2025.
Similarly, Tata Chemicals’ board has declared a final dividend of ₹11 per share for FY 2025, with June 12 as the record date. The stock will trade ex-dividend on this date, which means the share price will adjust to reflect the dividend payout.
Avantel Ltd, an aerospace and defense company, also joins the list, trading ex-dividend on June 12. The firm recommends a modest final dividend of ₹0.2 per share. Notably, Avantel’s shares have surged 40% over the past year, outperforming the Sensex’s approximate 8% rise, making it an attractive dividend stock.
Ethos announces rights issue to raise ₹409 crore
Adding to June 12’s market significance, Ethos Ltd is set to kick off a rights issue aimed at raising up to ₹409 crore. Eligible shareholders will be entitled to subscribe to 4 new shares for every 43 shares held as of the record date. The rights shares carry a face value of ₹10 each, marking a strategic move to bolster the company’s capital base.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsBSE SensexNSE Nifty50Tata ChemicalsTrent