Nalwa Sons Investments Ex-dividend date

What is the Ex-dividend date of Nalwa Sons Investments?

The Ex-dividend date of Nalwa Sons Investments Limited is N/A

What is the definition of Ex-dividend date?

Ex-dividend date is the cut-off date before which the payment of dividends after a sale belongs to the new owner instead of the seller.

The ex-dividend date or reinvestment date is an investment term involving the timing of payment of dividends on stocks of corporations, income trusts, and other financial holdings. If a sale is before this date, the dividend belongs to the new owner; if on or after the date, the seller is entitled to the dividend. If a stock is purchased on its ex-dividend date or after, the buyer will not receive the next dividend payment. Instead, the seller gets the dividend. If a stock is purchased before the ex-dividend date, the buyer gets the dividend.

What does Nalwa Sons Investments do?

Nalwa Sons Investments Limited, a non-banking financial company, engages in the investment and financing business in India. The company operates through two segments, Investment & Finance, and Trading of Goods. It primarily holds investments in equity shares of steel manufacturing companies of O.P. Jindal Group. The company was formerly known as Jindal Strips Limited. Nalwa Sons Investments Limited was incorporated in 1970 and is based in New Delhi, India.