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Team Choice is a group of experienced financial content writers at Choice India dedicated to making the world of stock broking and financial services easier to understand. They deliver clear, reliable content on stock markets, IPOs, mutual funds, personal finance, and other financial services. Team Choice's goal is simple: help readers make sense of their money, one article at a time.

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Chennai Petroleum Declares Rs.25 Interim Dividend for FY27, Record Date Set for October 30

Chennai Petroleum Corporation Limited (CPCL) has declared an interim dividend of Rs.25 per equity share for the financial year 2026-27. The company’s Board of Directors approved the payout, with October 30, 2026, fixed as the record date to determine eligible shareholders. The dividend will be paid on or before November 21, 2026.

Nippon Life India AMC Declares Rs 9.50 Interim Dividend

Nippon Life India Asset Management Limited has declared an interim dividend of Rs 9.50 per equity share for its shareholders. The Board of Directors approved the dividend at its meeting held on October 22, 2026. The company has fixed October 28, 2026, as the record date to determine the shareholders eligible for the interim dividend. The dividend payment will be made on and from November 5, 2026.

SBI Mutual Fund Acquires 5.25% Stake in ASM Technologies

SBI Mutual Fund has acquired a 5.25% stake in ASM Technologies Limited through a preferential allotment of equity shares. SBI Mutual Fund acquired 8,22,564 equity shares of the company, which were allotted on October 16, 2026. Following the allotment, its shareholding in ASM Technologies increased to 5.2501% of the company's paid-up share capital. The acquisition was made across various schemes of SBI Mutual Fund. The disclosure was submitted by SBI Funds Management Limited under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Colgate-Palmolive India Reports 12.2% Sales Growth in Q2 FY27, Declares Rs.24 Interim Dividend

Colgate-Palmolive (India) Limited reported net sales of Rs.1,692 crore for the quarter ended September 30, 2026, marking a 12.2% year-on-year (YoY) increase. Net profit rose to Rs.342 crore from Rs.328 crore in the corresponding quarter last year. The company also announced a first interim dividend of Rs.24 per equity share for FY27, supported by growth in its toothpaste portfolio and improved gross margins.

Chennai Petroleum Declares Interim Dividend

Chennai Petroleum Corporation Limited has declared an interim dividend of Rs.25 per equity share for the financial year 2026-27. The Board of Directors approved the dividend at its meeting held on October 22, 2026. The face value of each equity share is Rs.10. The company has fixed October 30, 2026, as the record date to decide which shareholders are eligible for the dividend. The dividend will be paid on or before November 21, 2026.

eMudhra to Exit Global SSL/TLS Certificate Business After Security Incident

eMudhra Limited has decided to voluntarily withdraw from the global SSL/TLS certificate business following a recent incident involving a global certificate. The company said the segment contributes approximately 1% of its global revenue, while increasing compliance requirements, data sovereignty concerns and operational complexity have reduced its overall return on investment. Its core digital trust and enterprise security businesses will continue to operate as usual.