Goodluck India has fixed Friday as the record date for its 2:1 bonus issue, effectively making today the last day for interested investors to buy shares of the manufacturer of precision engineering and steel products to be eligible for the bonus reward.
Only those shareholders who hold Goodluck India shares in their demat accounts as of Friday will be eligible to receive the bonus shares. As per Sebi's T+1 settlement cycle, investors must buy the company's shares at least one trading day before the record date for them to be credited to their demat accounts and qualify for the bonus issue. This makes today the last day to buy the stock to be eligible for the bonus shares.
