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Tcs expiry before 31st May 2018?

Bhuvan May 29, 2018, 7:36am 2

D_WORLD:

Also about bonus…

Everything you need to know about the bonus.

Tata Consultancy Services (TCS) Limited goes ex-bonus in the ratio 1:1 on 31 May 2018 F&O

Tata Consultancy Services Limited (TCS) Limited goes ex-bonus in the ratio 1:1 on 31 May 2018. The company has fixed 02 June as the record date to determine the eligibility of shareholders. Effect on Holdings: When a bonus is issued, the share price drops, in this case by a factor of 2. So if you held TCS shares at an average price of Rs.3585, the price of each share after bonus would adjust to 3585/2 = Rs.1792.5. You’ll be given 1 share at Rs.0 for every 1 share you hold. Please note that a…

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