The bonus issue is a corporate action under which the existing shareholders get additional shares from the company.
Shareholders holding the shares in their demat accounts on the record date are eligible for corporate actions such as entitlement of rights shares, bonus shares, stock splits, dividends, etc.
It typically takes around 15 days from the record date for bonus shares to get credited to the shareholder's demat account. However, this can vary depending on the Registrar and Share Transfer Agents (RTAs). Shareholders receive a notification from NSDL/CDSL when the bonus shares are credited to their demat account. The bonus shares are first credited under a temporary ISIN and are not immediately admitted to trading. It usually takes around 3-4 days for the shares to move from the temporary ISIN to the permanent ISIN after receiving approval for trading. The bonus shares will only appear after they are approved for trading.
It typically takes around 15 days from the record date for bonus shares to be credited to the shareholder's demat account, but this can vary depending on the Registrar and Share Transfer Agents (RTA). Shareholders receive a notification from NSDL/CDSL when the bonus shares are credited to their demat account. The bonus shares are first credited under a temporary ISIN and are not immediately admitted to trading. It usually takes around 3-4days for the shares to move from the temporary ISIN to the permanent ISIN after receiving approval for trading. The bonus shares will only appear on after being approved for trading.