Under SEBI’s T+1 settlement cycle, investors must purchase a company’s shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy the shares so that they are credited to their accounts by Friday, making them eligible for the dividends.
NSE IPO: IFCI, IDBI Bank, SBI, other stocks gain up to 3% as NSE files for India’s largest IPO. Who else is selling stake?
Shares of major NSE shareholders such as IFCI, IDBI Bank, State Bank of India and HDFC Life Insurance gained up to 3% after the National