The record date determines which shareholders are eligible for benefits like dividends, splits, or bonus shares. To qualify, investors must hold shares in their demat account by the record date, which requires buying at least one day before the ex-date due to T+1 settlement.
Tata Capital Q1 Results: Net profit jumps 56% YoY to Rs 1,547 crore, revenue up 15%
Tata Capital announced a substantial net profit increase of over 56 percent. Revenue from operations also saw a healthy rise of more than 15 percent.