Categories Observations One reason to be an Indian Hotels Shareholder Post author By Raoji Post date September 21, 2017 4 Comments on One reason to be an Indian Hotels Shareholder Hat Tip: Pratik Joshi Share this:FacebookLinkedInTwitterWhatsAppEmail ← Mega Trend: The Rise & Rise of the Rural Internet User → How to ensure your stocks are UP 4 replies on “One reason to be an Indian Hotels Shareholder” How are these coupons distributed? Based on the number of shares held? Or based on the length of ownership? It has to be based upon number of shares held on the relevant record date, because all equity shareholders’ rights rank ‘pari passu’ and there cannot be any distinction based upon length of ownership. Such distinction may even be violative of the Companies Act also (?). Same with EIH Ltd. and most textile companies Bata India Ltd also issue two numbers ( 20%) discount coupons to their shareholders. Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Notify me of follow-up comments by email. Notify me of new posts by email.