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Will I get the bonus shares of a company if I transfer all the shares of the company that I owed after the book closure date?

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Will I get the bonus shares of a company if I transfer all the shares of the company that I owed after the book closure date?

Say I have 100 shares of a company X which announced its dividend. I wish to transfer it to my son’s account following all the procedures for share transfer going to the respective capitals after the book closure date. The bonus shares are yet to be listed. Now, will I still get the bonus share of the company? Will I be able to transfer shares to my son’s account after the book closure has been announced?

View on r/NepalStock by sac218

Topics Covered in this post:
transfer | Date | Closure | Book | Company | owed | Bonus Share/Dividend | Bonus | Shares
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2 Comments

  2. Avatar of rickysth rickysth
    Reply
    October 4, 2023,

    If the transfer was done after the book closure date, then the bonus shares would be in your demat account. And yes it takes a lot of time to get the bonus share.

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