Titan Company has fixed July 9 (Thursday) as the record date for its final dividend of Rs 15 per share, effectively making today the last date for interested investors to buy shares of the company for the payout.
Only those shareholders who own Titan shares in their demat accounts as of Thursday will be eligible to receive the bonus shares. Under the market regulator SEBI's T+1 settlement cycle, investors must buy shares of a company at least one trading day before the record date so that they are credited to their demat accounts by that day, making them eligible for the dividend.