What is book closure date?

The book closure date is the crucial day for TradeJini shareholders. It’s the date by which you must have the stocks in your demat account to enjoy perks like bonus shares, splits, and dividends. It’s like the backstage pass for corporate action benefits.

While the book closure is on, the RTAs (Registrars and Transfer Agents) take a breather. No adjustments to the shareholder’s register or requests to transfer shares are processed during this period. It’s a temporary pause for behind-the-scenes activities.