How does the process of receiving bonus shares work, and how many days does it typically take for the bonus shares to reflect in my Demat account?
After a company announces a bonus issue, it generally takes around 15 to 30 days for the bonus shares to be credited to your Demat account. This timeline can vary based on factors like the company's processing procedures and regulatory requirements.
Certainly, if you meet the eligibility criteria for receiving bonus shares, both the Central Depository Services Limited (CDSL) and the Registrar and Transfer Agent (RTA) will send you a notification regarding the credit of the bonus shares to your Demat account.