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.
PNGS Reva Diamond Jewellery’s IPO, priced at Rs 386, is set for its stock market debut on March 4. Despite a Rs 380 crore issue
Foreign investors pulled out a significant $751.4 million from Indian equities on March 2, ending a strong February inflow. This reversal, driven by escalating Middle
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