Ace investor Mukul Agrawal-backed engineering services company Taal Tech has fixed September 22 (Tuesday) as the record date for its 1:5 stock split, making today the last day for interested investors to buy the stock to be eligible for the corporate action.
As per Sebi's T+1 settlement norm, investors need to buy a company's shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy Taal Tech’s shares to be eligible for the stock split.