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  3. NSE sets November 2 as record date for 4:1 bonus share issue

NSE sets November 2 as record date for 4:1 bonus share issue

18 Sept 2024

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Key Takeaways

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.

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.

NSE limited unlisted shares

National Stock Exchange (NSE)

DRHP filed0.00%

Expert Analysis

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.

Publisher:money control