SAIL and Saraswati Saree Depot hit last buy day before record date
In short
Steel Authority of India and Saraswati Saree Depot were highlighted on Tuesday because September 30 is their record date for dividends. Tuesday was the last day to buy shares and still qualify.
This matters because investors looking for the dividend had a time limit. The reporting does not say how much the companies will pay or when the money will be paid.
What the reporting says
Steel Authority of India and Saraswati Saree Depot shares were flagged for investor interest on Tuesday ahead of their dividend record date of September 30. Tuesday was the last day to buy shares and still qualify for the dividends, according to the report. The available reporting does not state the dividend amount or payout date.
Why it matters
Steel Authority of India and Saraswati Saree Depot were highlighted on Tuesday as shares to watch before their dividend record date of September 30. Tuesday was the last opportunity to buy and qualify for the dividend. The reporting makes the timing clear, but it does not provide the dividend size, payment date, or any price reaction.