Forums
Back
Accountancy
Correct me where im wrong Bonus or right are declared say on 1/6 Then when bonus or right shares are given I.e 1/7 is the record date ? I,e when shares are credited to investor account ?
Answers (7)
Pls explain the diff between cum right share and right share ? I guess date diff Is it like if shares purchased before 1/6 and they got right share then not counted as cum right share ? If purchase is After 1/6 and before 1/7 then that cum right share ?
Thread Starter
Sushmita ChowdhuryRecord date is always the date when shares are credited to existing share hrs a/c ?
Technically record date is the date where the company check the shareholders they have. And only the shareholders on the record date are eligible for dividend. Am not sure isit in the syllabus