What is a book-closure/record date?

Book closure and record date help a company determine exactly the shareholders of a company as on a given date.Book closure refers to the closing of register of the names or investors in the records of a company. Companies announce book closure dates from time to time. The benefits of dividends, bonus issues, rights issue accruing to investors whose name appears on the company's records as on a given date, is known as the record date.An investor might purchase a share-cum-dividend, cum rights or cum bonus and may therefore expect to receive these benefits as the new shareholder. In order to receive this, the share has to be transferred in the investor's name, or he would stand deprived of the benefits. The buyer of such a share will be a loser. It is important for a buyer of a share to ensure that shares purchased at cum benefits prices are transferred before book-closure. It must be ensured that the price paid for the shares is ex-benefit and not cum benefit.

Comments

Accenture Off Campus Drive in PCCOE, PUNE

Accenture is partnering with CoCubes.com and Pimpri Chinchwad College of Engineering (PCCOE) for their 2010 off-campus drive in PCCOE, Pune between 24th- 26th Sep. (Given below is the complete job description for your reference) Job Description: Company Profile Accenture is a global management consulting, technology services and outsourcing company. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the worlds most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. Target Degrees & Branches :B.E, B.Tech and MCA CTC :Rs. 3,00,003 Designation :Associate Software Engineer Role & Responsibilities Key Responsibilities: *Understand Software/System components and associated Specifications. *Create specifications and deploy these components. *Develop, modify and review testing components based on defined specifications and ...

Fast entrecard dropping....!!!!

hmmmm......Its an interesting topic. many blogs on entrecard have some article related to this. Some of them really helped to drop 300 cards in very less time. e.g. Powerdropping A nice site and well maintained one,but some of the sites there are taking too much time or repeated many times.So it is another problem. Seeing all this I also decided to create a post on this soon I'll be here with my fast EC drop list.!!!! So be in touch,and also hopes that you will be able to drop 300 cards in short time as of other fast dropping techniques. If anyone want to enroll his/her blog into the list comment. One more thing I m not going to enroll his/her blog into the list.I am just going to use the EC widget of your blog for fast dropping. So what are you waiting for....!!!!

Good Bye laptops

Can any one ever imagine of life without laptops or desktops now.!!! hmmm...yes but need anything else that replaces them. So Japan is always ready to help you out with their technlogy.Since its a time of microtechnology, everything is modeled as small as it can be so you not computers. Amazing technology from Japan . . . but can you guess what it is ?Look closely and guess what they could be... This is something that will replace your PC in the near future.Beleive it or not this the the future of forthcoming computers. After looking the picture to the right you might guess wht I'm talking about. In the revolution of miniature computers, scientists have made great developments with bluetooth technology.This is the forthcoming computers you can carry within your pockets, they are very small in size comparable to pen. This "pen sort of instrument" produces both the monitor as well as the keyboard on any flat surfaces from where you can carry out functions you would normally...

Bachelor's Area

Search This Blog