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Pls Help On Bonus Shares


M. N. JHA (CA)     26 January 2010

M. N. JHA
CA 
 1168 likes  8311 points

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When an investor get bonus shares when issued by a company. ?????? i.e. shares hold by an investor on date of bard meeting on which desision taken for bonus issue OR on the date of shareholders meeting when they approved that OR on the Record date of bonus shares OR any other date.               Pls must solve my this problem. Thanks in advance

avater

Sunil Liladhar Kotak (Manager (F & A))     27 January 2010

Sunil Liladhar Kotak
Manager (F & A) 
 70 likes  2025 points

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dear

it is record date which can be different from the Board Metting & the date on which shareholders approved it

sunil

avater

Nishi (CA Final Student)     22 November 2011

Nishi
CA Final Student 
 26 likes  190 points

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It's a record date on which bonus and dividend is received, so with meetings date and approval date has no affect on it..........:)


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