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
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!
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?