Wager Mage
Photo by Eric Lemon Pexels Logo Photo: Eric Lemon

Why I didn't get my bonus shares?

If the bonus shares eligible is not in whole numbers the balance amount will be credited to the registered bank account. For Bonus shares to be credited to your DEMAT account it generally takes 15 days from the record date, but this depends on the RTA (Registrar & Share Transfer Agents).

What is the perfect Fibonacci number?
What is the perfect Fibonacci number?

0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144. The Fibonacci numbers were first described in Indian mathematics, as early as 200 BC in work by...

Read More »
Where is the most money laundering done?
Where is the most money laundering done?

Afghanistan But no country escapes the risk; Estonia's score of 2.68 out of 10 – where 10 is the highest risk of money laundering – still presents...

Read More »

Bonus shares are free shares that the shareholders receive for shares that they currently hold. These allotments typically come in a fixed ratio such as 1:1, 2:1, 3:1 etc. You will be eligible for Bonus shares only if you’ve held shares on the Ex-date, or sold shares on the Ex date (due to the T+2 settlement cycle). For Ex:- if the ex-date for Bonus is 10th April, you need to buy the stock on or before 9th of April to be eligible for the Bonus.

The same concept applies to Dividends as well.

When a bonus is issued, the share price reduces by the factor based on the ratio of the issue, but the investment value of the held stocks doesn’t change & the remaining value is given to you in the form of bonus shares . If the bonus shares eligible is not in whole numbers the balance amount will be credited to the registered bank account. For Bonus shares to be credited to your DEMAT account it generally takes 15 days from the record date, but this depends on the RTA (Registrar & Share Transfer Agents). You will receive a notification from CDSL as below when your bonus shares get credited to your DEMAT. You need to note here that the bonus shares first get credited under a temporary ISIN and will not be admitted to trading immediately. It usually takes around 4-5 days for the shares to move from the temporary ISIN to the permanent ISIN after getting the approval for trading. The bonus shares will show up on the trading terminal only after they are approved for trading. Until the bonus shares are credited to your DEMAT, your holdings in Kite/Console will show an artificial drop in P&L. Once the bonus shares are credited to your DEMAT, your P&L will be restored to its correct value. Zerodha shows the bonus quantity only after they are credited. Bonus & Splits essentially have the same impact, but the difference is in splits is, the face value of shares reduces. You can keep track of all the current and upcoming corporate actions on Zerodha Pulse & Zerodha Bulletin .

Can you trust after cheating?
Can you trust after cheating?

But the truth is - you can rebuild trust after cheating in a relationship. While not easy to do, regaining trust after infidelity is possible; it...

Read More »
What is better than VPN?
What is better than VPN?

SD-WAN is designed to be a more efficient alternative to the VPN. Instead of implementing point-to-point connectivity, SD-WAN provides optimal...

Read More »

How can I get money immediately?
How can I get money immediately?

If you need to borrow money immediately, the most popular options are personal loans, cash advances online, payday loans, pawn shop loans, and...

Read More »
What is the cheapest day to buy Bitcoin?
What is the cheapest day to buy Bitcoin?

Cryptocurrencies are most active during the work week, with prices starting low on Monday morning and steadily rising until they drop over the...

Read More »
How do you get only 3 points in football?
How do you get only 3 points in football?

Points are scored as follows: Touchdown: 6 points. Field Goal: 3 points. Safety: 2 points. Try after touchdown: 1 point (Field Goal or Safety) or 2...

Read More »
Which timeframe is best for Fibonacci retracement?
Which timeframe is best for Fibonacci retracement?

Generally, Fibonacci Retracement can be used in various time frames. However, the smaller timeframe, the closer the Fibonacci lines to each other....

Read More »