Last day to buy eligible stock for upcoming 1:1 bonus issue
In short
The report says today is the last day to buy a Rakesh Jhunjhunwala-backed smallcap pharma stock if investors want the 1:1 bonus issue.
It says Sebi’s T+1 rule means shares must be bought at least one trading day before the record date. The company name and record date are not given in the available reporting.
What the reporting says
The publisher summary says today is the last day to buy a Rakesh Jhunjhunwala-backed smallcap pharma stock to qualify for a 1:1 bonus issue under Sebi’s T+1 settlement cycle. Investors need to buy at least one trading day before the record date for shares to reach demat accounts in time. The company name, record date and bonus issue details are not stated in the available reporting.
Why it matters
The story says investors have until today to buy a Rakesh Jhunjhunwala-backed smallcap pharma stock to qualify for a 1:1 bonus issue, because of Sebi’s T+1 settlement cycle. That matters for shareholders who want the bonus shares credited to their demat accounts. The report does not identify the company, the record date or the size of the market reaction, so the event remains a calendar-driven eligibility notice.