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What is book closure in the share market?

Book closure is the date (or period) when a company freezes its shareholder register to decide who gets a dividend, bonus, right share or AGM vote. To be eligible, your shares must be settled in your demat account before the book-closure date — so buy a few trading days before it, not on the day.

Latest book-closure notices

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When should I buy to be eligible?

NEPSE settles trades on T+2: shares you buy reach your demat two trading days later. Shareholders on the register at the end of the day before book closure are the ones entitled. So the last day to buy is normally a couple of trading days before the book-closure date.

Companies and NEPSE often state the exact last trading day in the book-closure notice. When in doubt, follow the notice, and buy at least three trading days early.

What changes on the book-closure date

  • For bonus and right shares, NEPSE adjusts the share price that day.
  • For a cash dividend, the price is not adjusted — but buyers after the cutoff don't get the dividend.
  • While the books are closed, shares in that company can't be delivered, so EDIS for recent sales may wait until the closure ends.

If I sell after book closure, do I still get the dividend?

Yes. Entitlement is fixed at book closure. If you held the shares then, you get the dividend or bonus even if you sell the next day.

I bought shares on the day before book closure. Am I eligible?

Usually not — a purchase on that day settles after the register is frozen. Check the company's notice for its stated last trading day.

Where do I find book-closure dates?

Companies publish them as NEPSE disclosures. The list below shows the latest; each company's Dividends tab on Hamroshare has its history.

Updated 27 October 2026. General information, not investment advice. Rules can change — check the latest NEPSE, CDSC or SEBON notice. Editorial policy · More NEPSE guides