How will i get the benifit for corporate action in my account ?
If you were eligible share holder under Corporate Action or have applied under Corporate Action you will get the benefit as per defined below:
-If the Shares were/are lying in demat account, you will receive shares/ dividend/ bonus/ interest directly from the company's registrar into your bank account/ demat account or through cheque/ DD.
-If the Shares were/are lying in trading/ pool account than, you will receive shares/ dividend/ bonus/ interest from broker where you hold a trading and a demat account.
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What is corporate action ?
Corporate actions are taken by the board of directors of a company. These are then approved by its shareholders. These actions have a bearing on the assets of the company.
How will the funds payout happen post Buyback ?
Funds payout for Buyback Issue will be directly credited by the Company's Registrar in the registered Bank Account of the Customer which is linked in the Demat Account and not through the Broker.
How to apply for Buyback ?
Kindly follow the below steps to tender your shares for Buyback: 1.) Login to your Trading Account using web link: https://www.mastertrust.co.in/trade-login 2.) Enter your mastertrust Client ID and Password. 3.) Once Login, go to My Reports ...
What are the most common types of corporate actions ?
Most common types of corporate actions are listed below: Bonus Issue Bonus shares are additional shares given to the shareholders without any extra cost based on their existing shares. When bonus shares are issued, the number of shares increases but ...
What should I do if I do not get IPO Refund ?
Registrar of the IPO is responsible for processing IPO applications. This includes allotment and refund processing. The Broker is not responsible for this and should not be contacted for the same. If someone is not received IPO refund, there are few ...