Bonus Issue
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.
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.
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 ...