Important dates to know
- Record date: The record date is the day the company checks its records to decide who gets the split shares. If your shares are in your demat account on this date, you’ll receive the extra shares from the split.
- Ex-split date: This is the date from which the stock starts trading at the new split-adjusted price. From this day onwards, the price you see on the market already reflects the split.
- Credit date: This is the date when the extra shares are added to your demat account. It usually happens a couple of working days after the record date.
Did this help?
Thanks for your feedback!
Thanks for your feedback!
Thanks for your feedback!
Related Articles