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Upcoming Ex-Dividend on Oct 23: ICICI Lombard Rs 6.50, Ksolves Rs 5, Uniparts Rs 22.50; Last Day to Buy is Monday

By Shishta Dutta | Published at: Oct 20, 2025 10:16 AM IST

Upcoming Ex-Dividend on Oct 23: ICICI Lombard Rs 6.50, Ksolves Rs 5, Uniparts Rs 22.50; Last Day to Buy is Monday
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Mumbai, Friday, 17 October 2025 – Shareholders who are considering dividend eligibility in ICICI Lombard General Insurance Company Ltd, Ksolves India Ltd, and Uniparts India Ltd have till Monday, 20 October 2025, to buy shares. The shares will go ex-dividend on Thursday, 23 October 2025, with the record date being the same.

Ex-Dividend Overview

ICICI Lombard General Insurance Company Ltd will be issuing an interim dividend of ₹6.50 per share on a face value of ₹10. Ksolves India Ltd has declared an interim dividend of ₹5 per share on a face value of ₹5, and Uniparts India Ltd has declared a special dividend of ₹22.50 per share on a face value of ₹10. The ex-dividend and record date for the three companies is October 23, 2025.

Why Monday Is the Last Day to Buy

The Indian share market will be closed on October 21 (Tuesday) for Diwali Laxmi Pujan and on October 22 (Wednesday) for Balipratipada. The ex-dividend date has been fixed as Thursday, October 23, and keeping in view the T+1 settlement pattern on Indian exchanges, investors will have to buy the shares by Monday, October 20, 2025, so that their shares are credited in their demat accounts by the record date. Investors buying the shares from October 23 onwards will be ineligible for the future dividends as settlements after the record date will not be considered.

Delivery Suspension Period

For Uniparts India, Ksolves India, and ICICI Lombard, the no-delivery period extends from October 20 to October 23, 2025. This provides for effective settlement and shareholder confirmation before dividend payment.

Dividend Background and Company Highlights

ICICI Lombard has reported a steady history of dividend payments, pointing towards its sound profitability, stable underwriting, and prudent financial management. The company’s consistent dividend stream also speaks volumes about its credibility as a blue-chip insurer with sound fundamentals.

Ksolves India Ltd, which is in the business of technology services, has been consistently rewarding shareholders by way of periodical interim dividends. The earlier dividends of the company are ₹1.00 in July 2025, ₹7.50 in March 2025, ₹8.00 in October 2024, and ₹8.00 in June 2024. This reflects its consistent revenue increase and healthy operating cash flows.

Uniparts India Ltd maintains its tradition of liberal shareholder returns. Before this announcement, the company had paid interim dividends of ₹8.25 in August 2025, ₹7.50 in February 2025, ₹6.75 in August 2024, and ₹6.00 in February 2024. This latest special dividend of ₹22.50 per share reflects its robust liquidity position and healthy balance sheet, underpinned by steady demand in the precision-engineered components business.

Investor Takeaway

With two back-to-back stock market holidays during the Diwali week, investors have just one trading day — Monday, October 20 — to purchase shares and become eligible for dividends. The tight settlement period renders prompt action extremely important. Anyone looking to pick up these dividends should make sure trades are made before Monday’s closing time to become eligible before the Oct 23 record date.

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

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Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations

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