Dividend alert, June 18 -- Bluechips stocks HDFC Bank, Tata Motors Passenger Vehicles (TMPV), among a few other stocks, are set to trade ex-dividend on Friday, June 19. For investors seeking to qualify for these dividend payouts, Thursday marks the final opportunity to purchase the shares.

Collectively, these companies are offering dividend payouts of over Rs.200 per share, making them among the key stocks in focus ahead of the record date.

Under the Securities and Exchange Board of India's (SEBI) T+1 settlement framework, investors must purchase shares at least one trading day before the record date to become eligible for any corporate action, including dividend payments. This is because the shares need to be credited to the investor's...