Intimation of date of 45th Annual General Meeting and Record Date
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SNL Bearings Ltd has informed the stock exchange about the date of its 45th Annual General Meeting (AGM). The company has also announced the record date, which is the cut-off date set by the company to determine which shareholders are eligible to receive dividends (if declared) and participate in the AGM. This is a routine corporate compliance announcement informing investors about upcoming key dates.
Investors should note the record date to ensure their shareholding is reflected in time to be eligible for any AGM-related entitlements, such as dividends or voting rights. The announcement itself is procedural and is unlikely to cause any material movement in the stock price.