BN Rathi Securities has announced a bonus share issuance, aimed at rewarding its existing shareholders and improving market liquidity. The announcement was made on 04-Dec-2024, with the record date fixed for 24-Jan-2025 to determine eligible investors. The BN Rathi Securities bonus ratio is 1:1, implying that shareholders will receive additional shares in this proportion. The BN Rathi Securities ex-bonus date is 24-Jan-2025, followed by the bonus credit date of 04-Dec-2024.
BN Rathi Securities bonus shares will be credited directly to your demat account after the record date of 24-Jan-2025. The credit process typically takes 7-15 working days from the record date. You can track the status of your bonus shares through your Choice Demat account.
To receive BN Rathi Securities’s bonus shares, you must be a registered shareholder on the Bonus Share Record Date of 24-Jan-2025.
To qualify:
Your name must appear in BN Rathi Securities's shareholders' register
Shares must be held in your demat account or physical form
All shares should be fully paid up
Purchase of shares must be completed before the bonus share ex-bonus date of 24-Jan-2025
BN Rathi Securities issues bonus shares in the ratio of 1:1. Based on that you will be allocated bonus shares for every share that you hold. The number of bonus shares you receive mainly depends on the bonus ratio announced by the company.
For example:
In a 1:1 bonus ratio, you receive one new share for each share held
With a 2:1 ratio, you receive two new shares for each share held
For a 1:2 ratio, you receive one new share for every two shares held
BN Rathi Securities's share price typically adjusts proportionally after the bonus issue. For instance, if BN Rathi Securities's share price is ₹100 and it announces a 1:1 bonus:
The theoretical post-bonus price would be ₹50
Your total investment value remains unchanged
The number of shares in your portfolio doubles
This price adjustment reflects the increased number of shares while maintaining the company's market capitalisation.
The record date for BN Rathi Securities bonus shares is 24-Jan-2025