Will I be eligible for the rights issue if I sell the shares on the ex-date?
Yes, selling your shares after the ex-date makes you eligible to receive the corporate action.
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Are shareholders eligible for corporate action benefits if the shares are sold on the ex-date/record date?
Yes, shareholders are still eligible for corporate action benefits even if they sell their shares on the ex-date or record date. Here’s why: Eligibility Criteria: To receive benefits from corporate actions, such as dividends or bonus shares, you must ...
What do record date and ex-date mean?
Record Date: The record date is the cutoff date set by a company to determine which shareholders are eligible for specific corporate actions, such as receiving dividends, rights shares, or bonus shares. If you own shares in your account on the record ...
If I purchased the shares on Ex-date or record date, will I be eligible for corporate action at 5paisa?
To qualify for the corporate action, you needed to have acquired the shares before the ex-date.
Why were the shares not eligible for corporate action benefits even though they were purchased before the ex-date?
To be eligible for corporate action benefits (like dividends, bonuses, or stock splits), investors must have the shares credited to their demat accounts on or before the ex-date or record date. Here are the reasons why shares purchased before the ...
Will I be eligible for corporate action if I purchase shares on debit?
Whether you are eligible for a corporate action if you purchase shares using debit (funding) depends on the specific corporate action and the terms associated with it. In many cases, eligibility for corporate actions is determined based on the ...