Shares of Siemens Ltd. will be in focus on Friday, as it marks the last session for investors to buy shares under the T+1 settlement cycle, to qualify for receiving equity in the new company after the demerger of its energy business. The demerger ratio is set at 1:1. The record date determines the eligible shareholders for the spin-off. The ex-date, which coincides with the record date, marks when the share price adjusts to reflect the split.