Regulator proposes faster credit and trading of bonus shares
The Securities and Exchange Board of India (Sebi) has proposed faster credit and trading of bonus shares. It has suggested to streamline and reduce timelines of bonus issue enabling T+ 2 trading of shares post record date. The move is aimed to reduce investors’ risk of market volatility due to any delay in credit of…
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Amara Raja among 17 stocks trading ex-dividend on Thursday. Last day to buy before record date
Companies such as Amara Raja, Can Fin Homes, and Praj Industries, among others, have declared dividends for eligible shareholders, setting the record date as July 18. Since July 17 is a market holiday, today is the last day to purchase shares of these companies to qualify for the announced dividends. Dividends are paid to shareholders…
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