Varun beverages Ltd. bonus issue

I hold 80 shares of VBL company, a company announced 3:2 bonus , then after how many shares received as bonus?

3:2 This means for every 2 shares you currently hold you will get 3 shares.

In your case 80/2*3 = 120 shares

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Thank you for your reply…

I was holding 1 share of Varun beverage on ex-date for bonus issue, so I wasn’t alloted any bonus shares. How will I be compensated for the bonus issue?

I think there will be a cash settlement. I’m not sure!

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For fractional entitlement, you’ll receive cash in your primary bank account.

Here’s how the process works:

When the bonus shares will be in the demat account?