The report date is the cutoff date for figuring out which shareholders are eligible to obtain company advantages reminiscent of dividends, inventory splits, and bonus shares. Traders should guarantee their shares are mirrored of their demat accounts on or earlier than this date to qualify
Because of the T+1 settlement, shareholders should buy inventory a minimum of at some point earlier than the ex-date to be eligible for dividends, bonus shares, or inventory splits. Shopping for on the ex-date disqualifies traders from receiving these advantages.
With the implementation of the T+1 settlement framework, the report date and ex-date often coincide, which makes it less complicated for the traders to trace their eligibility. Nonetheless, this stays totally different if the ex-date is adopted by a market vacation.
Here’s a checklist of shares which have their report dates for varied functions this week:
Monday, January 13
Inventory cut up
On Monday, 13 January 2025, Shardul Securities will bear a inventory cut up from Rs 10 per share to Rs 2 per share.Wednesday, January 15
Rights concern
California Software program Firm introduced a proper concern of three shares for each 1 share held at a suggestion worth of Rs. 10.
Thursday, January 16
Inventory cut up
Regis Industries introduced a inventory cut up from Rs 10 per share to Re 1 per share.
Friday, January 17
Dividend
TCS introduced a complete dividend of Rs 76 per share, which features a particular dividend of Rs 66 per share and an interim dividend of Rs 10 per share.
Vantage Data Academy introduced an interim dividend of Rs 0.1 per share.
Inventory cut up
Arunjyoti Bio Ventures introduced a inventory cut up from Rs 10 to Rs 1.
Jai Balaji Industries introduced a inventory cut up from Rs 10 to Rs 2.
Bonus concern
Kitex Clothes introduced a bonus concern within the ratio of two:1.
Kore Digital introduced a bonus concern within the ratio of two:1.
Sattva Sukun Lifecare introduced a bonus concern within the ratio of three:5.
(Disclaimer: Suggestions, recommendations, views and opinions given by the specialists are their very own. These don’t signify the views of The Financial Instances)
