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.
Biocon buys back an investor stake in biologics unit, posts Rs 25 crore net profit in Q3FY25
Biocon’s board has approved the acquisition of 1.5% equity in Biocon Biologics for Rs 550 crore, increasing its stake to 90.2%. The deal is expected
January 30, 2025