Dividend for shares in Pool Account of Broker

What is the time limit, upto which broker will give credit of dividend to ledger for the shares lying in pool account after div record date?

Dividends received on pledged shares/shares lying in the broker’s pool account is credited to the client’s account at the end of the week.

If Broker doesn’t give credit even after 1 month from record date, what is the procedure to get the dividend? Also, after complaining, broker doesn’t reply, then what should be the course of action?

First, the broker has to receive the dividend credit from the RTA. Then all dividends received on pledged shares during the trading week will be credited to the respective client’s account during the weekend. Who is this broker?

Edelweiss Broking. They have not credited the dividend for Infosys.

You could maybe tweet them. Also, get in touch with their complaints team to have this processed quickly.

I have tweeted. But no reply from them. Even after complaining, they are not responding. Hence, i want the course of action to be taken?

Complain on SCORES, They’ll do the work.