National Stock Exchange (NSE) Unlisted Shares
NSE sets November 2 as record date for 4:1 bonus share issue
money control
2 min read
NSE Sets November 2nd as Record Date for Bonus Shares.
Expert Analysis:
Record Date Finalized: The NSE has set November 2, 2024, as the record date for its upcoming bonus share issuance, finalized during the board meeting
Bonus Share Ratio: Shareholders on record as of November 2, 2024, will receive bonus shares at a ratio of four shares for every one held.
Book Closure Period: The register of members and share transfer books will be closed from October 4 to November 2, 2024.
Transfer Application Processing: No new share transfer applications will be processed during the closure period; only those with complete documents submitted before the closure will be handled.
NSE has set November 2, 2024, as the record date for its 4:1 bonus share issue. The book will be closed from October 4 to November 2, 2024, during which no new transfer applications will be accepted.
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