Hello Sir,
I purchased additional 30 IRCON shares on May 18 as the record date for the bonus is May 21, 2021. so am I eligible for the bonus on these 30 shares
Addl Shares purchase date: May 18
Ex-Bonus Date: May 20
Record Date: May 21
Please advise.
You’ve purchased the shares before the ex-date, you’ll be eligible to receive bonus shares for additional 30 shares purchased.
Thank you sir
My Kite snapshot for IRCON as of today shows like this, so do I still qualify for the 1:1 for the addl 30 shares?
Yes. It generally takes 15 days from the record date for the bonus shares to be credited to your demat account. Explained here.
