https://www.desidime.com/discussions/reliance-bonus-share-credit?page=1#post_10443415
flash007
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So if share crashes we won't be able to do anything for two weeks,it didn't took this long to get credited earlier.
Received -WE ARE DELIGHTED TO INFORM YOU xxx BONUS SHARES OF RELIANCE INDUSTRIES ARE CREDITED TO A/C xxxx9799. TRADING AWAITED. HAPPY DHANTERAS AND SHUBH DEEPAWALI-NSDL
btw whats the logic of bonus form company's pov & buyer's pov when shares will be @ loss of 50% = market capitalization lost for company & a buyer who invested 1 share @ Rs100 will now have 2 shares @ Rs50 ?
Can someone explain whats the benefit of this bonus drama ?
Share credited at zero expenditure, liquidity of shares will increase,buying interest,goodwill,no tax implications