Question related to Selling Equity (Shares) on Ex-bonus Date


#1

Question related to Selling Equity (Shares) on Ex-bonus Date

I have bought 100 shares of a company “X” that giving bonus.

Let us say taking example for a imaginary date to understand the selling process for Equity shares:
Company “X” Ex-Bonus Date: 20-March-2019 (WEDNESDAY)
Company “X” Record Date: 21-MARCH-2019 (THURSDAY)

If I sell my shares on Ex-Bonus Date i.e 20-March-2019, I am still available for Company Bonus?


#2

@Vikrant_Salar YES you shall get bonus if you sell on ex bonus date . from this day the share will trade at trim down market price being without bonus .As per your example you can even buy on 19 MArch and sell on 20 March with normal risk as in all BTST trade. you shall get bonus.