![]() ![]() The Adani Enterprises share fell 80% on Jun 3, which was the “ex” date, but the record date was June 4) (Adani Enterprises went through a demerger after which shareholders got shares of three other companies. ![]() On our Adani Enterprises Demerger post, we got a few replies, asking that since the Record Date was Jun 4, 2015, will they get the “demerged” shares if they bought on Jun 3? It’s not apparent to investors what these dates mean. One is a “Record” date, and the other is what is called an “Ex”- Date. When stock demerge, give dividends, or have a bonus or split, there is always two dates give.
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