How many boats does Kirby have?
The exact number of bonus shares you will receive depends entirely on the specific corporate action ratio announced by the board of directors of the company in which you hold equity. For instance, if a company announces a bonus issue in a 1:2 ratio, you will receive one additional free share for every two shares you currently own on the designated record date. If the ratio is structured as 1:1, your existing holdings will effectively double. Fractional entitlements are typically managed or sold according to regulatory guidelines, and the credit reflects directly in your demat account within a couple of weeks following the record date approval.
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