Mark Your Calendars! Capital Trust’s Rights Issue Record Date Gets a Game-Changing Update

Image Source: The Print

Capital Trust Limited has corrected its record date for an upcoming corporate action, shifting it to June 18, 2025. The announcement was made in a regulatory filing on June 13, following a board meeting held on June 12.

Key Highlights:

Revised Record Date: The company initially communicated a different date but has now confirmed June 18, 2025 as the official cutoff.
Stock Exchange Notification: The correction was formally submitted to BSE (Scrip Code: 511505) and NSE (Symbol: CAPTRUST).
Investor Impact: Shareholders holding Capital Trust shares as of June 18 will be eligible for the corporate action benefits.
Clarification Issued: The update was signed by Company Secretary Tanya Sethi, ensuring transparency for stakeholders.

A record date determines which shareholders qualify for dividends, bonus shares, stock splits, or rights issues. The correction ensures accurate investor eligibility, preventing confusion in trade settlements.

Capital Trust’s swift action to rectify the date reflects its commitment to clear communication with investors. Market participants are advised to review their holdings and ensure compliance with the revised timeline.

Source: Moneycontrol, Rediff MoneyWiz