GODREJCP Bonus Issue

GODREJCP announced a bonus in the ratio of 1:2, i.e one bonus share for every two shares held.

What happens if someone has odd no. of shares? I have only 1 share in one of my portfolios.

you will get cash credit for 0.5 fractional share.

Sir, I haven’t received anything yet! Is there a procedure to collect it?

@KartikPingale : Septmber 11 was the last date to buy with bonus . hope if eligible you must have received bonus. cash credit of fractional share will be there after about 45-60 days when all such fractions are clubbed and sold at bse/nse.