Comments
Shares of LKP Finance will turn ex-date on Thursday for the proposed demerger. It plans to hive off its SEBI-registered intermediaries business into its subsidiary LKP Securities. According to the scheme, LKP Securities will allot six equity shares of the face value of ₹2 each of LKP Finance for every share held in LKP Securities as on record date. To receive the shares, Tuesday is the cut-off date, as Wednesday is a holiday.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.