{"id":318844,"date":"2026-10-21T10:38:53","date_gmt":"2026-10-21T05:08:53","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=318844"},"modified":"2026-10-21T10:38:53","modified_gmt":"2026-10-21T05:08:53","slug":"dividend-stock-split-buyback-last-chance-to-buy-today-vrl-logistics-jsw-dulux-angel-one-shares","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/dividend-stock-split-buyback-last-chance-to-buy-today-vrl-logistics-jsw-dulux-angel-one-shares\/","title":{"rendered":"Dividend, Stock Split, Buyback: Last Chance to Buy Today for VRL Logistics, JSW Dulux and Angel One Shares"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Today, Wednesday 21 Oct 2026, is the last chance to buy shares that qualify for four corporate actions with a record date of 22 Oct: the VRL Logistics buyback of up to 87.5 lakh shares at Rs 320, the JSW Dulux 1:10 stock split, the Angel One interim dividend of Rs 1.40 and the Tips Music interim dividend of Rs 6.50. Under T+1 settlement, shares bought on 22 Oct itself do not qualify. Prices are as of about 10:30 AM IST.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The last chance to buy for the 22 Oct record date is today, 21 Oct, because shares bought on 21 Oct settle on 22 Oct and the ex-date is the same as the record date. VRL Logistics is at Rs 284, about 12.7% below its Rs 320 buyback price, JSW Dulux is at Rs 3,007.60 ahead of its 1:10 split, Angel One is at Rs 298.05 and Tips Music is at Rs 758.70. The Elecon, ICICI Prudential AMC and MRPL dividends had their record date on 21 Oct, so their last chance to buy was 19 Oct, since the market was shut on 20 Oct for Dussehra. Each action has different rules, and a buyback in particular does not guarantee that your shares will be accepted.<\/p>\n<\/p><\/div>\n<p>The last chance to buy before a record date matters because the exchanges set the ex-date at the same day as the record date under T+1. A buyer on the ex-date does not get the dividend, the split shares or the right to tender.<\/p>\n<p>This guide sets out the four actions, the live prices, how each one works, what to check and the risks. It is educational and not a recommendation to buy or sell any share.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=dividend-stock-split-buyback-last-chance-to-buy-today-vrl-logistics-jsw-dulux-angel-one-shares\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/dividend-stock-split-buyback-last-chance-to-buy-today-vrl-logistics-jsw-dulux-angel-one-shares\/#Last_Chance_to_Buy_The_Four_Actions_With_a_22_Oct_Record_Date\" title=\"Last Chance to Buy: The Four Actions With a 22 Oct Record Date\">Last Chance to Buy: The Four Actions With a 22 Oct Record Date<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/dividend-stock-split-buyback-last-chance-to-buy-today-vrl-logistics-jsw-dulux-angel-one-shares\/#VRL_Logistics_Buyback_How_the_Offer_Works\" title=\"VRL Logistics Buyback: How the Offer Works\">VRL Logistics Buyback: How the Offer Works<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/dividend-stock-split-buyback-last-chance-to-buy-today-vrl-logistics-jsw-dulux-angel-one-shares\/#JSW_Dulux_Stock_Split_What_Changes_and_What_Does_Not\" title=\"JSW Dulux Stock Split: What Changes and What Does Not\">JSW Dulux Stock Split: What Changes and What Does Not<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/dividend-stock-split-buyback-last-chance-to-buy-today-vrl-logistics-jsw-dulux-angel-one-shares\/#Angel_One_and_Tips_Music_The_Dividend_Numbers\" title=\"Angel One and Tips Music: The Dividend Numbers\">Angel One and Tips Music: The Dividend Numbers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/dividend-stock-split-buyback-last-chance-to-buy-today-vrl-logistics-jsw-dulux-angel-one-shares\/#Dividends_With_a_21_Oct_Record_Date_and_the_Next_Last_Chance_to_Buy_on_22_Oct\" title=\"Dividends With a 21 Oct Record Date and the Next Last Chance to Buy on 22 Oct\">Dividends With a 21 Oct Record Date and the Next Last Chance to Buy on 22 Oct<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/dividend-stock-split-buyback-last-chance-to-buy-today-vrl-logistics-jsw-dulux-angel-one-shares\/#Checklist_Before_the_Last_Chance_to_Buy\" title=\"Checklist Before the Last Chance to Buy\">Checklist Before the Last Chance to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/dividend-stock-split-buyback-last-chance-to-buy-today-vrl-logistics-jsw-dulux-angel-one-shares\/#What_to_Watch_Next_After_the_Last_Chance_to_Buy\" title=\"What to Watch Next After the Last Chance to Buy\">What to Watch Next After the Last Chance to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/dividend-stock-split-buyback-last-chance-to-buy-today-vrl-logistics-jsw-dulux-angel-one-shares\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/dividend-stock-split-buyback-last-chance-to-buy-today-vrl-logistics-jsw-dulux-angel-one-shares\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/dividend-stock-split-buyback-last-chance-to-buy-today-vrl-logistics-jsw-dulux-angel-one-shares\/#Is_today_the_last_chance_to_buy_for_the_22_Oct_record_date\" title=\"Is today the last chance to buy for the 22 Oct record date?\">Is today the last chance to buy for the 22 Oct record date?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/dividend-stock-split-buyback-last-chance-to-buy-today-vrl-logistics-jsw-dulux-angel-one-shares\/#What_are_the_terms_of_the_VRL_Logistics_buyback\" title=\"What are the terms of the VRL Logistics buyback?\">What are the terms of the VRL Logistics buyback?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/dividend-stock-split-buyback-last-chance-to-buy-today-vrl-logistics-jsw-dulux-angel-one-shares\/#Does_the_buyback_guarantee_that_all_my_shares_are_bought\" title=\"Does the buyback guarantee that all my shares are bought?\">Does the buyback guarantee that all my shares are bought?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/dividend-stock-split-buyback-last-chance-to-buy-today-vrl-logistics-jsw-dulux-angel-one-shares\/#What_happens_to_my_shares_in_the_JSW_Dulux_stock_split\" title=\"What happens to my shares in the JSW Dulux stock split?\">What happens to my shares in the JSW Dulux stock split?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/dividend-stock-split-buyback-last-chance-to-buy-today-vrl-logistics-jsw-dulux-angel-one-shares\/#How_much_are_the_Angel_One_and_Tips_Music_dividends\" title=\"How much are the Angel One and Tips Music dividends?\">How much are the Angel One and Tips Music dividends?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/dividend-stock-split-buyback-last-chance-to-buy-today-vrl-logistics-jsw-dulux-angel-one-shares\/#Why_was_19_Oct_the_last_chance_to_buy_for_the_21_Oct_dividends\" title=\"Why was 19 Oct the last chance to buy for the 21 Oct dividends?\">Why was 19 Oct the last chance to buy for the 21 Oct dividends?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/dividend-stock-split-buyback-last-chance-to-buy-today-vrl-logistics-jsw-dulux-angel-one-shares\/#What_are_the_risks_of_using_the_last_chance_to_buy_only_for_a_corporate_action\" title=\"What are the risks of using the last chance to buy only for a corporate action?\">What are the risks of using the last chance to buy only for a corporate action?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/dividend-stock-split-buyback-last-chance-to-buy-today-vrl-logistics-jsw-dulux-angel-one-shares\/#Is_this_article_investment_advice\" title=\"Is this article investment advice?\">Is this article investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Last_Chance_to_Buy_The_Four_Actions_With_a_22_Oct_Record_Date\"><\/span><strong>Last Chance to Buy: The Four Actions With a 22 Oct Record Date<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Company<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Action<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Terms<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Price at about 10:30 AM IST<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">VRL Logistics<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Buyback<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up to 87.5 lakh shares (5% of paid-up capital) at Rs 320, tender offer, capped at Rs 280 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 284, down 1.0%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">JSW Dulux<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Stock split<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">1:10, face value Rs 10 to Re 1<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 3,007.60, down 1.7%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Angel One<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Interim dividend<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1.40 per share<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 298.05, down 1.6%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Tips Music<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Interim dividend<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 6.50 per share<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 758.70, down 1.7%<\/td>\n<\/tr>\n<\/table>\n<p>All four stocks were lower in early trade even as the Sensex and Nifty rose. The last chance to buy these shares comes with no guarantee of a gain, since the prices adjust for the split and the dividends on the record date.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Compare dividend and buyback stocks on the Univest Screener<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"VRL_Logistics_Buyback_How_the_Offer_Works\"><\/span><strong>VRL Logistics Buyback: How the Offer Works<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Detail<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Buyback price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 320 per share, about 12.7% above Rs 284 (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Size<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up to 87.5 lakh shares, capped at Rs 280 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Route<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Tender offer on a proportionate basis<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Small shareholders<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">At least 15% reserved, or the number based on their holdings if higher<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Promoters<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Have said they will not participate<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Record date<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">22 Oct 2026, revised from an earlier date<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Funding<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Free reserves, surplus funds, cash balances or internal accruals, no borrowed funds<\/td>\n<\/tr>\n<\/table>\n<p>The last chance to buy VRL Logistics for the tender is today, and in a tender offer the company buys back only part of the shares tendered, in proportion to the entitlement ratio. If you buy 100 shares at Rs 284 and 25 are accepted at Rs 320, you receive Rs 8,000, and the other 75 shares are worth Rs 21,300 if the price holds, a total of Rs 29,300 against Rs 28,400, or about 3.2% higher (my illustration, assuming a 25% acceptance). The actual ratio was not given in the sources I read.<\/p>\n<p><strong>Risk:<\/strong> If the acceptance ratio is low, the share price can fall after the record date, because the market no longer has the Rs 320 offer to support it.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to get alerts on record dates and buybacks.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"JSW_Dulux_Stock_Split_What_Changes_and_What_Does_Not\"><\/span><strong>JSW Dulux Stock Split: What Changes and What Does Not<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Before the split<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">After the split (my calculation)<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Face value<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 10<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Re 1<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Shares held<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">100<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">1,000<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price per share<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 3,007.60<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 300.76<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Value of holding<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 3,00,760<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 3,00,760<\/td>\n<\/tr>\n<\/table>\n<p>A stock split does not change the value of your holding or the company&#8217;s market capitalisation, so the last chance to buy for the split is about liquidity and not about value. Shareholders approved the split by postal ballot, and the company links it to the JSW Paints deal for a 60.76% stake in Akzo Nobel India, which was renamed JSW Dulux. The stock trades between Rs 2,658.70 and Rs 3,745 over 52 weeks, so it is about 20% below its high (my calculation). The last chance to buy JSW Dulux before the split is today.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Angel_One_and_Tips_Music_The_Dividend_Numbers\"><\/span><strong>Angel One and Tips Music: The Dividend Numbers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Angel One<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Tips Music<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Interim dividend<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1.40<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 6.50<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price at about 10:30 AM IST<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 298.05<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 758.70<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Payout as a share of price (my calculation)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 0.47%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 0.86%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Record date and ex-date<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">22 Oct 2026<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">22 Oct 2026<\/td>\n<\/tr>\n<\/table>\n<p>These payouts are small compared with the price, so no one should treat the last chance to buy as a reason to take the stock for the dividend alone. On the ex-date the price opens lower by about the dividend amount, so the payout is not an extra gain.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dividends_With_a_21_Oct_Record_Date_and_the_Next_Last_Chance_to_Buy_on_22_Oct\"><\/span><strong>Dividends With a 21 Oct Record Date and the Next Last Chance to Buy on 22 Oct<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Date<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Company<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Action<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">21 Oct (last chance to buy was 19 Oct)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Elecon Engineering<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Interim dividend of Re 0.50<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">21 Oct (last chance to buy was 19 Oct)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">ICICI Prudential AMC<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Interim dividend of Rs 30<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">21 Oct (last chance to buy was 19 Oct)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">MRPL<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Interim dividend of Rs 3<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">23 Oct (last chance to buy is 22 Oct)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Tech Mahindra<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Interim dividend of Rs 15<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">23 Oct (last chance to buy is 22 Oct)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">LTM<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Interim dividend of Rs 25<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">23 Oct (last chance to buy is 22 Oct)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">IRFC<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Interim dividend of Rs 1.15<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">23 Oct (last chance to buy is 22 Oct)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Titan Biotech<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Bonus issue of 1:4<\/td>\n<\/tr>\n<\/table>\n<p>Other 23 Oct actions listed in one weekly roundup include dividends from HDB Financial Services, ICICI Lombard, Oberoi Realty and 360 ONE WAM, and a 1:5 split by Azad India Mobility. I could not verify every figure independently, so check the exchange notice for each.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Checklist_Before_the_Last_Chance_to_Buy\"><\/span><strong>Checklist Before the Last Chance to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Confirm the record date and ex-date on the exchange notice, not only in a news summary<\/li>\n<li>Treat the day before the record date as the last chance to buy, since shares bought on the ex-date do not qualify<\/li>\n<li>For the buyback, check the entitlement ratio and whether your holding is a small shareholder holding<\/li>\n<li>Allow for the price adjustment on the ex-date for dividends and splits<\/li>\n<li>Consider taxes on dividends and on any gain from the buyback<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_Next_After_the_Last_Chance_to_Buy\"><\/span><strong>What to Watch Next After the Last Chance to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>The VRL Logistics acceptance ratio and the price after the record date<\/li>\n<li>JSW Dulux trading at about Rs 300 per share after the split<\/li>\n<li>Angel One and Tips Music opening lower by about their dividends on 22 Oct<\/li>\n<li>The last chance to buy Tech Mahindra, LTM and IRFC for their 23 Oct dividends is 22 Oct<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Today is the last chance to buy for four actions with a 22 Oct record date: the VRL Logistics buyback at Rs 320, the JSW Dulux 1:10 split and the Angel One and Tips Music dividends. The buyback is the only one with a clear premium, but acceptance is partial, and the dividends are small. Check the notices and your own plan before you buy.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Is_today_the_last_chance_to_buy_for_the_22_Oct_record_date\"><\/span><strong>Is today the last chance to buy for the 22 Oct record date?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes. Under T+1 settlement, shares bought on 21 Oct settle on 22 Oct, and the ex-date is the same as the record date, so a buyer on 22 Oct does not qualify.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_terms_of_the_VRL_Logistics_buyback\"><\/span><strong>What are the terms of the VRL Logistics buyback?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> VRL Logistics will buy back up to 87.5 lakh shares, about 5% of paid-up capital, at Rs 320 each, capped at Rs 280 crore. It is a tender offer with a record date of 22 Oct 2026, and promoters are not participating. Today is the last chance to buy for it.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_the_buyback_guarantee_that_all_my_shares_are_bought\"><\/span><strong>Does the buyback guarantee that all my shares are bought?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. In a tender offer the company accepts shares in proportion to the entitlement ratio, so only part of your holding may be bought. The rest stays with you at the market price.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_happens_to_my_shares_in_the_JSW_Dulux_stock_split\"><\/span><strong>What happens to my shares in the JSW Dulux stock split?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Each Rs 10 share becomes ten shares of Re 1, so 100 shares become 1,000. The price falls to about a tenth, and the total value of your holding does not change.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_are_the_Angel_One_and_Tips_Music_dividends\"><\/span><strong>How much are the Angel One and Tips Music dividends?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Angel One has declared Rs 1.40 per share and Tips Music Rs 6.50 per share, both with a 22 Oct record date. At current prices they are about 0.47% and 0.86% of the price.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_was_19_Oct_the_last_chance_to_buy_for_the_21_Oct_dividends\"><\/span><strong>Why was 19 Oct the last chance to buy for the 21 Oct dividends?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The market was closed on 20 Oct for Dussehra, so the last trading day before the 21 Oct record date was 19 Oct. This applies to the Elecon, ICICI Prudential AMC and MRPL dividends.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_using_the_last_chance_to_buy_only_for_a_corporate_action\"><\/span><strong>What are the risks of using the last chance to buy only for a corporate action?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Prices adjust for dividends and splits, a buyback offers only partial acceptance, and the stock can fall afterwards. A short-term trade for a small payout can also lose money to price moves.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_article_investment_advice\"><\/span><strong>Is this article investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Is today the last chance to buy for the 22 Oct record date?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. Under T+1 settlement, shares bought on 21 Oct settle on 22 Oct, and the ex-date is the same as the record date, so a buyer on 22 Oct does not qualify.\"}},{\"@type\":\"Question\",\"name\":\"What are the terms of the VRL Logistics buyback?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"VRL Logistics will buy back up to 87.5 lakh shares, about 5% of paid-up capital, at Rs 320 each, capped at Rs 280 crore. It is a tender offer with a record date of 22 Oct 2026, and promoters are not participating. 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Please check the figures against company filings and your own risk profile before you act on anything you read here.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Last chance to buy today for the 22 Oct record date: VRL Logistics buyback at Rs 320, JSW Dulux 1:10 split, Angel One and Tips Music dividends. See rules and risks.<\/p>\n","protected":false},"author":34,"featured_media":318843,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[11691,4569,3922,13688,13686,7928,7926,12852,13687],"class_list":["post-318844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-angel-one-dividend","tag-buyback","tag-dividend-stocks","tag-jsw-dulux-stock-split","tag-last-chance-to-buy","tag-record-date","tag-stock-split","tag-tips-music-dividend","tag-vrl-logistics-buyback"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["318843"],"rank_math_title":["Last Chance to Buy: VRL, JSW Dulux, Angel One Record Dates"],"rank_math_description":["Last chance to buy today for the 22 Oct record date: VRL Logistics buyback at Rs 320, JSW Dulux 1:10 split, Angel One and Tips Music dividends. See rules and risks."],"rank_math_focus_keyword":["last chance to buy"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/dividend-stock-split-buyback-last-chance-to-buy-today-for-vrl-logistics-jsw.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/318844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=318844"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/318844\/revisions"}],"predecessor-version":[{"id":318845,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/318844\/revisions\/318845"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/318843"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=318844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=318844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=318844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}