IRCTC, CONCOR and Rites are among a host of other companies likely to remain in focus in the upcoming week as they are approaching their record dates for the purpose of dividends, bonus issues and stock splits.
A record date is set by a company to decide shareholders eligible to receive offers. To be eligible for a buyback offer, bonus issue or a stock split, the shares should be in the demat account on the record date.
Shareholders who buy the stock at least one day before the ex-date are eligible for dividends as settlement happens the next day. Those buying the stock on the ex-date are not eligible for dividends/splits/bonus issues etc.
Monday, November 11
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