Financial Daily from THE HINDU group of publications
Wednesday, Jan 18, 2006
Financial Daily from THE HINDU group of publications Wednesday, Jan 18, 2006 |
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Markets
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Stocks Dabur ex-bonus shares listing from tomorrow Our Bureau
New Delhi , Jan 17 DABUR India Ltd said today that it would start trading ex-bonus shares from January 19 as against the fixed record date of January 20. The stock exchange has decided to trade the ex-bonus shares a day earlier with a view to protect the investors who would have purchased shares on January 19 but would not have got these shares in their demat accounts before January 21 considering the T+2 transaction cycle, a company statement said. The company's decision to start trading ex-bonus from January 19 comes in line with its announcement of fixing January 20, as the record date for its bonus issue in the ratio of 1:1. All investors purchasing Dabur India shares till January 18 would get their bonus shares in their demat accounts by this month-end, the release added.
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