The record date is key to identifying shareholders eligible for these benefits. Investors must ensure that their shares are in their demat accounts by this date to be eligible for the corporate actions announced.
To be eligible, shareholders need to purchase the stock at least one day before the ex-date, as settlements follow a T+1 cycle. Buying shares on ex-date does not entitle investors to dividends, bonuses or splits.
With a T+1 settlement system, the record date and ex-date are often aligned, making tracking easier for investors. However, this may be different if there is a market holiday after the X-date.
Here are the stocks with record dates for various actions next week, according to StockAge data:
Monday, December 30
Bonus point
Bank Products (India) announced a 1:1 bonus issue.
Tuesday, December 31
An issue of rights
Harshil Agrotech Announced a rights issue of 2 shares for every 5 shares held at Rs. 2.43 per share.
Pro Fin Capital Services Announced a rights issue of 1 share for every 2 shares of Rs. 4.5 per share.
Sharanam Infraproject and Trading Announced a rights issue of 4 shares for 5 shares at Rs. 1 per share.
Also Read: Tech View: Nifty Forms Doji Candle But Crosses 200-DMA? What traders should do on Monday
Wednesday, January 1
Bonus point
Sunlight Announced a 1:1 bonus share issue, setting January 1 as the record date.
Thursday, January 2
Stock splits
Getalong Enterprise per share Rs. Announced a stock split from a face value of Rs 10 to Rs 1 per share.
Friday, January 3
dividend
Redtape per share Rs. declared an interim dividend of 2.
Bonus point
Scenic Exports (India) 1:5 bonus share issue announced.
Enser Communications 1:1 bonus share issue announced.
Garware Technical Fibers 4:1 bonus share issue announced.
KPI Green Energy 1:2 bonus share issue announced.
Stock splits
Banganga Paper Industries per share Rs. Announced a stock split from face value of Rs 10 to Rs 1 per share.
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