If I have holdings in dematerialised form, will the bonus/ rights issue against this be in the same form?
The bonus/rights issue against holding in dematerialised form can be either in the physical/dematerialised form as per the choice of the investor. If no choice is given, then by default the securities will be issued in the form they are currently held. Thus if you hold some shares in physical form and some others in demat, you will receive the bonus/rights shares in both the forms in proportion to the holdings in each form.
Related Questions
- If the investor has holdings in dematerialised form, should the bonus/ rights issue against them be credited to the same account?
- If an investor has holdings in physical form, can the bonus/ rights issue against this be in the dematerialised form?
- If an investor has holdings in dematerialised form will the bonus/ rights issue against this be in the same form?