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Correct me where im wrong Bonus or right are declared say on 1/6 Then when bonus or right shares are given I.e 1/7 is the record date ? I,e when shares are credited to investor account ?


Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

★ 2K+

06-Aug-24 13:16

344

Answers (7)

Right and bonus share journal are there in syllabus? If yes which chapter ?


Thread Starter

It's there , in buy back of securities, yes u can use the date as u mentioned


R i S H i Rishikeish

R i S H i Rishikeish

CA Inter

★ 110

06-Aug-24 13:39

Pls explain the diff between cum right share and right share ? I guess date diff Is it like if shares purchased before 1/6 and they got right share then not counted as cum right share ? If purchase is After 1/6 and before 1/7 then that cum right share ?


Thread Starter

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

★ 2K+

06-Aug-24 13:58

Record date is always the date when shares are credited to existing share hrs a/c ?


Thread Starter

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

★ 2K+

06-Aug-24 13:58

Ex and cum have different meaning pls check


R i S H i Rishikeish

R i S H i Rishikeish

CA Inter

★ 110

06-Aug-24 14:30

It will be credited within 2 to 7 days post the record date


Likith kumar Duganapalli

Likith kumar Duganapalli

Moderator

06-Aug-24 15:32

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