If there is any corporate action in stock then what will happen if stocks are funded?

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• What will happen in case there is a corporate action happening in the scrip in which I have placed VTD order and order is still valid?

  If a corporate action is announced in any scrip then such scrip will be disabled by IIFL for VTD overnight order placement on your behalf from Ex Date minus 1 day till Record date. If your VTD order in such scrip is still valid then your orders in ...

• What is Corporate Action?

  Corporate actions are actions taken by a company that directly impact the shareholders' value. These events bring material changes to a company and affect its stakeholders. Corporate actions can be monetary, such as dividends, or non-monetary, such ...

• What is the eligibility of the corporate action?

  Let us 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 ...

• From where will I get information about any corporate action announced by the company?

  Corporate actions are communicated to the shareholders by the Company. However, if you are not a shareholder, the corporate action details can be accessed from the NSE and BSE. You can visit below websites to get further details: www.nseindia.com » ...

• If clients 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 client's own demat account, client will get all the corporate benefits announced, like dividends, etc.