Last day to buy Tata Group company Trent shares ahead of its first-ever bonus issue record date; do you own?
Trent bonus issue, June 3 -- Today is the last day to buy shares of Tata Group retailer Trent, which has fixed June 4 as the record date for the company's maiden bonus issue in the ratio of 1:2.
With the record date falling on Thursday, today effectively marks the last opportunity for investors to purchase Trent shares and become eligible to receive the bonus shares.
To qualify for the bonus issue, investors must hold Trent shares in their demat accounts as of the record date. Under SEBI's T+1 settlement framework, shares purchased at least one trading day before the record date are credited to investors' demat accounts in time for eligibility. As a result, today is the final day for investors to buy the stock and ensure that the shares...
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