How will I receive the benefits of corporate actions such as dividend/rights/bonus?

How will I receive the benefits of corporate actions such as dividend/rights/bonus?

If shares lying in demat account:
You will receive shares/ dividend/ bonus/ interest directly from the company's registrar into your bank account/ demat account or through cheque/ DD.

Shares lying in trading/ pool account:
You will receive shares/ dividend/ bonus/ interest from broker where you hold a trading and a demat account.
    • Related Articles

    • What is corporate action?

      Corporate actions are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders. These may be either monetary e.g. dividend, or non-monetary e.g. ...
    • What are the types of corporate action?

      The different types of corporate actions announced by a company are: Rights issue Dividend Stock Split Conversion of debentures into shares Amalgamation Merger Demerger Capital reduction / Consolidation of shares Buy Back Bonus Open Offer
    • If the securities are pledged in favour of IIFL for margin, will it impact corporate actions on those shares?

      As in the Margin Pledge process the stocks are lying in your own demat account, you will get all the corporate benefits announced, like dividends, etc. 
    • What is the eligibility of corporate action?

      1st understand the meaning of different important dates for corporate actions: 1.Declaration Date: This is the date on which the board of directors announces to shareholders and the market as a whole that the company will pay a dividend. 2.Ex Date: ...
    • Please let us know impact of Corporate actions in Derivatives market.

      In case of Dividend for Future Trade, market rate will get reduce (As per Dividend rate) In case of Dividend for Option, Strike price will get reduce (As per Dividend rate) In case of Bonus for Future & Option Trade, Qty will get increased (As per ...