PC Jeweller shares to trade ex-split on Monday. Last day to buy for eligibility
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Shares of PC Jeweller may remain in focus on Friday as the company had announced a 1:10 stock split earlier in September, fixing December 16 as the record date for determining shareholder eligibility. “The Board of Directors of the Company by means of a resolution passed by circulation today i.e. on November 28, 2024 has fixed Record Date as mentioned below for the purpose of sub-division / split of equity shares of the Company, such that 1 (One) equity share having face value of Rs 10 (Rupees Ten Only) each, fully paid-up, be sub-divided / split into 10 (Ten) equity shares having face value of Re 1 (Rupee One Only) each: December 16, 2024,” said the company in an exchange filing. This means today is the last day to buy the stock to be eligible for the stock split. After the implementation of the T+1 settlement system, the record date and ex-date are typically the same, except when a market holiday follows the ex-date. Shareholders who bu...