What is corporate action?
Corporate actions are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.
These may be either monetary e.g. dividend, or non-monetary e.g. Bonus, rights, or stock splits
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What is the eligibility of the corporate action?
Let us understand the meaning of different important dates for corporate actions: 1) Declaration Date: This is the date on which the board of directors announces to shareholders and the market as a whole that the company will pay a dividend. 2) Ex ...
From where will I get information about any corporate action announced by the company?
Corporate actions are communicated to the shareholders by the Company. However, if you are not a shareholder, the corporate action details can be accessed from the NSE and BSE. You can visit below websites to get further details: www.nseindia.com » ...
If there is any corporate action in stock then what will happen if stocks are funded?
Funding will be removed, and debit will be transferred to the IIFL ledger. Also, MTOM loss will be debited to the IIFL ledger.
If any Discrepancy in P/L and 360 Report like (Avg Rate, Corporate Action, Meger, Off market trade, etc.,) what needs to be done at our end?
Plz raise the Query in CRM
If any Discrepancy in P/L and 360 Report like (Avg Rate, Corporate Action, Meger, Off market trade, etc.,) what needs to be done at our end?
Plz raise the Query in CRM