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.
SpiceJet Q4 Results: PAT jumps 173% YoY to highest-ever quarterly profit of Rs 325 crore
Spicejet announced a significant profit increase for the March quarter. The airline’s standalone profit after tax rose 173% YoY. This marks their highest ever quarterly