Who is eligible for bonus shares?
Shareholders who hold the company’s shares in their demat account on or before the record date are eligible to receive bonus shares.
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What is Bonus issue?
A bonus issue is when a company gives free additional shares to its existing shareholders in a fixed ratio based on the shares they already own. Although the total number of shares increases after a bonus issue, the overall value (market ...
When will the Bonus shares be credited in my demat account?
Bonus shares are usually credited to the shareholder’s demat account within 10–15 working days after the record date, subject to company and regulatory approvals.
Why are the split shares not visible in my holdings?
After a stock split, the revised quantity of shares is usually credited to your demat account within 1–2 working days after the record date. Until the split shares are credited, your holdings may temporarily show an artificial drop in P&L, which will ...
What does 'Eligible Holdings' mean?
Eligible Holdings includes the stocks that you have pledged for additional margin and also T+1 stocks that are yet to reach your demat account.
Who is not eligible to invest?
The following categories of persons, and entities, shall not be eligible to participate in the Issue and any Applications from such persons and entities are liable to be rejected: (a)Minors without a guardian *; (b)Foreign nationals, Non‐Resident ...