Question:

BSE bonus share???????

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Guys, how long in advance i should purchase the share in order to be entitle for a bonus share???

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  1. You need shares in your demat account on the record date.

    The record date is announced in the the companies bonus declaration announcement on BSE or NSE websites. This date will be a future date. So after bonus declaration, you will get chance to buy the share and qualify for the bonus.

    Inshort, Buy the share 2 days before the record date.

    Eg: If the company declared 25th July as bonus date on 1st July,

    you only need to buy on or before 22nd July as the shares brought on a particular date will takes T+2 days to get into your account. (T+2= Trade day+2days).

    Also there is no benefit to buy for bonus, as after bonus the share prices will get adjusted to the bonus. I.E., If its 100 before bonus, it will be 50 if the bonus is 1 share for 1 share (1:1). Also remember at most times share price goes lower than the 50, So you will only get a loss. Better strategy is to buy after bonus shares are in market. I.E., after 30 days of record date.

    Thank you.

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