INDIA MARKET LENS
Markets2 outlets◆ MixedCorporate Actions

Bonus issue alert! Last day to buy this Rakesh Jhunjhunwala-backed smallcap pharma stock for 1:1 bonus bonanza

SEBI is in focus in a corporate actions development.

· ET Stocks, Economic Times Markets

As per Sebi's T+1 settlement cycle, investors must buy the company's shares at least one trading day before the record date for them to be credited to their demat accounts and qualify for the bonus issue. This makes today the last day to buy the stock to be eligible for the bonus shares.

Buybacks, dividends and splits change what a shareholder actually receives, and often signal how management reads its own value.

  • With SEBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.
  • Sectors in the story: Pharma & Healthcare.

Pharma & Healthcare

1M +0.2% · 3M -0.7%

Sector moves are the average of the stocks we track in each sector.

Pharma & Healthcare