1:2 stock split: Money is not in just buying and selling stocks but in holding it for as long as one can. A long-term investor not just gains from the rise in the stock price but from the various other rewards that a listed company declares from its capital reserves. These rewards could be in the form of bonus shares, dividends, buyback of shares, stock split, etc.
Open FlipShareholders of Ipca Laboratories have rejected a special resolution to grant stock options to eligible employees, key managerial personnel (KMP) and its whole-time directors, according to a regulatory filing by the company. The company through a notice of postal ballot dated February 14, 2024 had sought approval for three special resolutions, including consideration.
Open FlipThe approaching deadline of March 31, 2024, serves as a loud alarm for mutual fund holders to be prepared. One significant change impacting mutual fund investors is the requirement to undergo Know Your Customer (KYC) procedures again. Mutual fund registrar and transfer agents (RTAs) CAMS and KFintech are urging MF investors via email to ensure they comply with this essential requirement.
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