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    Shriram Finance among 8 stocks nearing ex-dates for dividends, bonuses, splits next week. Do you own?

    Synopsis

    The record date is the cut-off used by companies to determine which shareholders are eligible for corporate benefits. To qualify for buybacks, bonus issues, or stock splits, shareholders must have the shares in their demat accounts as of the record date.

    Shriram Finance among 8 stocks nearing ex-dates for dividends, bonus, splits next week. Do you own?Agencies
    Investors must purchase shares at least one trading day before the ex-date to qualify for corporate benefits, as settlements occur the next day, while purchases on or after the ex-date are ineligible.
    A few stocks, including Shriram Finance, will be in focus next week as they reach their record dates for corporate actions including dividends, bonus shares, and stock splits.

    The record date serves as a cut-off date for companies to determine the eligibility of shareholders to qualify for corporate benefits. For shareholders to be eligible for buybacks, bonus issues, or stock splits, they must hold shares in their demat accounts on the record date.

    To qualify for these corporate benefits, investors need to purchase shares at least one trading day before the ex-date, as settlements occur the following day. Those who buy shares on or after the ex-date will not be entitled to these corporate actions.

    The following companies have upcoming ex-dates this week for various corporate actions:


    Wednesday, January 8

    Growfast

      Stock split


      AA Plus Tradelink had announced a stock split from Rs 10 to Rs 1.

      Jagsonpal Pharmaceuticals had announced a stock split from Rs 5 to Rs 2.

      Julien Agro Infratech
      had announced a stock split from Rs 10 to Rs 5.

      Kamdhenu Ltd had announced a stock split from Rs 10 to Rs 1.

      Bonus issue


      Algoquant Fintech had announced a bonus issue in the ratio of 1:2.

      Padam Cotton Yarns had announced a bonus issue in the ratio of 1:1.

      Friday, January 10

      Dividend


      VTM Ltd had declared an interim dividend of 25% (Rs 0.25 per share).

      Stock split


      Shriram Finance
      had announced a stock split from Rs 10 to Rs 2.

      Also read: Zomato's dream run on D-Street may hit a bump or two

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