A Oneindia Venture

1100% Dividend Alert! Rekha Jhunjhunwala Stock to trade ex-dividend next week: How To Get Eligible?

A legacy Tata Group stock, which is also a part of Rekha Jhunjhunwala's portfolio, will trade ex-dividend next week. Rekha Jhunjhunwala is the wife of the late investor Rakesh Jhunjhunwala and executor of his estate. Titan Company, owned by Rekha Jhunjhunwala, will trade ex-dividend on Tuesday, 8 June.

Titan Company stock closed 0.19% higher at Rs 3686.35 per share on BSE on Friday with a market capitalisation of rs 3,27,193.59 crore. The stock touched an intraday high mark of Rs 3690.5 per share on BSE, and an intraday low mark of Rs 3645.2 apiece.

Rekha Jhunjhunwala

Titan Company Dividend

Titan Company in May had recommended 1100% dividend for its shareholders for the financial year 2024-25. The company had also announced dividend record date for shareholders.

"The Board of Directors had, at its meeting held on Thursday, 8 th May 2025, recommended a dividend of ₹ 11 per ordinary share of ₹ 1 each, subject to approval by the members of the Company at the 41st AGM," read a BSE filing by Titan Company.

All the eligible shareholders of Titan Company will receive Titan Company dividend on or after 25 July, 2025.

Titan Company Dividend Record Date

The company had fixed July 8, Tuesday, to determine the eligibility of its shareholders for the corporate action. The company further notified that Titan shareholders who will receive dividend payout in July will also be subjected to Tax Deducted at Source (TDS) on the payment.

How To Become Eligible For Dividend?

To become eligible for the dividend payout, it is important for investors to own the company scrip on or before the dividend record date. The company will pay the dividend to only those shareholders whose name will be mentioned in the registrar of shareholders.

"All Beneficial Owners in respect of shares held in dematerialized form as per the data as may be made available by the National Securities Depository Limited and the Central Depository Services (India) Limited as of the close of business hours on Tuesday, 8 th July 2025," added the company in its BSE filing.

Rekha Jhunjhunwala Portfolio

Titan Company, formed in 1984, makes 5.2% of stake of Rekha Jhunjhunwala's portfolio. According to Trendlyne website, Jhunjhunwala owns 45,793,470 equity shars of Titan Company worth Rs 16,883.6 crore till March 2025. Apart from Titan, APTech, NCC, Metro Brands, Va Tech Vabag, Geojit Financial Services enjoy a maximum share in Rekha Jhunjhunwala's portfolio. The wife of late Rakesh Jhunjhunwala, owns 12,198,376 shares of APTech, worth Rs 187.2 crore, which constitutes 21% of the stock portfolio. Oter than APTech, NCC and Metro Brands make 12.5% and 9.6% of Jhunjhunwala's portfolio.

Titan Company Share Price Trend

Titan Company shares closed higher at Rs Rs 3686.35 per share on BSE on Friday. The stock had touched an intraday high mark of Rs 3,866.15 apiece on BSE on 30 September, 2024. The stock dipped to its 52-week low mark of Rs 2,947.55 on 7 April, 2025. The stock value has surged around 6.27% since the beginning of year 2025. Whereas, the stock value has increased around 27.42 in two years.

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+