The record date determines which shareholders are eligible for such benefits. Due to the T+1 settlement cycle, investors must own shares at least one day before the ex-date to qualify.
Sebi has put forward a proposal to exempt certain listed companies from the requirement to appoint merchant bankers. This initiative is designed to lower the
Following a major acquisition announcement, Persistent Systems stock has seen a remarkable rebound. In its latest June quarter results, the company reported robust revenue growth,
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