How long for Bonus shares to be credited

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Topic: How long for Bonus shares to be credited

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valueman
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Joined: 29/May/2007
Location: India
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Topic: How long for Bonus shares to be credited
Posted: 15/Oct/2008 at 12:14pm

I would like to know usually how long does it take for the Bonus shares to be credited to the Demat Account ?

To achieve satisfactory investment results is easier than most people realize ; to achieve superior results is harder than it looks .
Benjamin Graham.

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shivkumar
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Joined: 02/Oct/2007
Location: India
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Posted: 15/Oct/2008 at 12:19pm

two to three days from the record date

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valueman
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Joined: 29/May/2007
Location: India
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Posts: 1134

Posted: 15/Oct/2008 at 12:26pm

Originally posted by shivkumar

two to three days from the record date

So soon ? Is it 2 - 3 days or 2-3 weeks ?

It is more than a week and I am yet to have my bonus shares in GAIL Credited to my account .

To achieve satisfactory investment results is easier than most people realize ; to achieve superior results is harder than it looks .
Benjamin Graham.

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shivkumar
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Joined: 02/Oct/2007
Location: India
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Posted: 15/Oct/2008 at 12:31pm

i think you have to follow up with the company.

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Hitesh Shah
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Joined: 12/Oct/2008
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Posts: 3656

Posted: 15/Oct/2008 at 12:50pm

Originally posted by valueman

Originally posted by shivkumar

two to three days from the record date

So soon ? Is it 2 - 3 days or 2-3 weeks ?

It is more than a week and I am yet to have my bonus shares in GAIL Credited to my account .

LT went ex-bonus on 1st October. Bonus recd yesterday by many.

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valueman
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Joined: 29/May/2007
Location: India
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Posts: 1134

Posted: 15/Oct/2008 at 1:01pm

LT went ex-bonus on 1st October. Bonus recd yesterday by many.

So I think roughly it must take 2 weeks .GAIL went Ex Bonus on 7th October and so I feel I need to wait till 20th to check whether I got the bonus .

To achieve satisfactory investment results is easier than most people realize ; to achieve superior results is harder than it looks .
Benjamin Graham.

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shivkumar
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Joined: 02/Oct/2007
Location: India
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Posts: 2037

Posted: 15/Oct/2008 at 1:03pm

you will get your bonus. or you have to sit on someone! didn't know it takes a fortnight to get your bonus. I have a big chunk of amararaja batteries and its ex-bonus date is TODAY!

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Hitesh Shah
Senior Member

Joined: 12/Oct/2008
Online Status: Offline
Posts: 3656

Posted: 15/Oct/2008 at 1:05pm

Originally posted by valueman

LT went ex-bonus on 1st October. Bonus recd yesterday by many.

So I think roughly it must take 2 weeks .GAIL went Ex Bonus on 7th October and so I feel I need to wait till 20th to check whether I got the bonus .

PSU take govt. speed.

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