Book Closure/record date

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

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..