Ex-Date & Record Date

The cut-off deciding who receives a dividend, bonus or split.

The record date is when the company checks its register to see who owns shares. The ex-date is the first day the share trades *without* the entitlement — buy on or after it and the benefit goes to the seller, not you.

To receive it you must own the share before the ex-date.

On the ex-date the price typically falls by roughly the value of the benefit. That drop is arithmetic, not bad news — the value moved from the share price into your dividend or extra shares.

Analysis only: Supath AI does not give investment advice. Consult a SEBI-registered financial advisor before making investment decisions.