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Book Closure/record date

05 January 2022

Is the Book Closure mandatory for listed companies with respect to AGM even if no corporate action like dividend, Bonus issue etc is to be considered?

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yasaswi gomes (My grammar is 💯 good I) (7290 Points)
Replied 05 January 2022

Year end and reporting dates are mandatory for auditing. AGM finalises financial statements as per IT regulations. This is applicable to all registered companies.

Chirag (Professional) (1979 Points)
Replied 06 January 2022

To change hands during intervening period from Record date of evoting to till conclusion of AGM ( mostly 48 hrs post AGM ) Share transfer books are closed...ya not mandatory but a practice...I don't think so there is any logic to close books for corporate action when record date is already fixed ,just get BENPOS of record date and proceed ahead..

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