Three companies have announced their last trading day for dividend eligibility, setting October 9 as the crucial date for investors. The ex-dividend date for all three companies falls on October 10, meaning investors must purchase shares before this date to qualify for the announced dividends.

Dividend Details

Key Points for Investors

• Last Trading Day: October 9, 2023
• Ex-Dividend Date: October 10, 2023
• Shares purchased on or after October 10 will not be eligible for these dividend payouts

Hexaware Technologies stands out with its substantial interim dividend of 575.00%, translating to Rs 5.75 per share. This represents a significant return for shareholders compared to the other two companies.

Rashtriya Chemicals & Fertilizers (RCF) has declared a final dividend of 13.20%, which amounts to Rs 1.32 per share. This payout marks the conclusion of their dividend distribution for the financial year.

Sacheta Metals has announced a more modest interim dividend of 2.50%, equating to Rs 0.05 per share.

Investors should note that these dividend announcements may impact the share prices of the respective companies around the ex-dividend date. Typically, a stock's price may adjust downward by approximately the amount of the dividend on the ex-dividend date, reflecting the payout to shareholders.

It's crucial for investors to make informed decisions based on their investment goals and to consider the ex-dividend date when planning their trades. Those looking to benefit from these dividends must ensure their purchases are completed before the market closes on October 9, 2023.

Hexaware Technologies Limited , a prominent Indian IT services company, is actively defending against a significant legal challenge in the United States. The company has filed a motion to dismiss the $500 million patent infringement lawsuit filed by Natsoft Corporation and Updraft LLC.

Latest Legal Development

In a significant development, Hexaware Technologies has filed a motion to dismiss the patent infringement claims in the United States District Court, Northern District of Illinois, Eastern Division. This represents the company's formal legal response to the allegations made by Natsoft Corporation and Updraft LLC.

Regulatory Compliance

The company has disclosed this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows their earlier communication dated October 01, 2025, ensuring transparency with stakeholders and regulatory authorities.

Financial Impact Assessment

The legal action poses a substantial financial risk for Hexaware Technologies. A $500 million claim represents considerable exposure, though the company's proactive legal response through the motion to dismiss demonstrates its commitment to defending against these allegations.

Recent Corporate Actions

Despite the ongoing legal challenge, Hexaware Technologies has maintained its shareholder-friendly approach. The company recently declared a second interim dividend with the following details:

Market Implications

The filing of a motion to dismiss represents a positive development for Hexaware, as it demonstrates the company's confidence in its legal position. Patent infringement lawsuits are common in the technology sector, and companies typically pursue dismissal motions when they believe the claims lack merit.

Transparency and Disclosure

Hexaware has ensured full transparency by hosting this information on the company's website at www.hexaware.com , in addition to notifying the stock exchanges. This approach maintains investor confidence through clear communication about material developments.

As the legal proceedings continue, stakeholders will monitor the court's response to Hexaware's motion to dismiss and any subsequent developments in this significant patent infringement case.