Record Date amd Ex - Dividend Date

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Devendra

Devendra (Querist)
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12 June 2011 What is Record Date and Ex - Dividend Rate? Please explain

Thanks,
Regards,
Devendra Kulkarni

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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12 June 2011 Record date is the date on which Company checks its registered stakeholders who are entitled for the corporate benefits like right, dividend, bonus etc.

Shares purchased after Ex-div. date are quoted at Ex-div Rate in which right to receive the dividend is not available to the buyer.

CA Suresh Jain

CA Suresh Jain (Expert)
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13 June 2011 To add to above, Record date is the date to ascertain who the member/share holder/debenture holder etc. on a particular date to whom notice of meetings or communications or declared dividend or benefit or interest etc shall be payable. A record date+1 becomes ex-bonus, ex-dividend date

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