HPCL is ex-bonus today in the ratio 1:2, i.e. 1 bonus share for every 2 shares held in Demat
You are entitled for half a bonus share but since half a share cannot be credited to the Demat account, an amount equivalent to half a bonus share will be directly credited to your bank account by the RTA(Registrar and Transfer Agent) managing HPCL’s bonus issue.
All bonus shares in fractional units will be sold in the market on a decided date and the amount will be credited to your account based on this selling price.