When Vbl Bonus Shares Will Be Credited?
If You Are Eligible for Bonus Shares, for It to Be Credited to Your Demat Account, Generally Takes 15 Days from the Record Date, but This Depends on the Rta...
If you are eligible for Bonus shares, for it to be credited to your DEMAT account, generally takes 15 days from the record date, but this depends on the RTA (Registrar & Share Transfer Agents). You will receive an SMS from CDSL when your bonus shares are credited to your DEMAT.
How does bonus shares get credited?
Unlike stock splits where the shares with new face value are credited immediately, in case of a bonus issue of shares, the bonus shares are credited in your trading account/Demat account after a few days (usually 15 days) and not immediately after the ex-bonus date.
How long does it take for bonus shares to be credited?
Bonus shares are credited by the company within one month from the record date to the demat account of the customer. Customers are eligible for above corporate action if they hold shares of the company before the expiry date declared by the company.
Alexander Ross has covered the video game industry for a decade, writing deep dives on game design, esports tournaments, VR developments, and gaming culture.
