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#1
1st April 2005, 02:09 PM
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Bonus issue by Glenmark
Dear Traderji,
As you must be aware, Glenmark has issued bonus shares in the ratio of 1:1. I am a holder of Glenmark shares and am in receipt of a letter from Glenmark which mentions the procedure in which one may avail of the bonus shares. There are 2 options, namely: 1. If one is holding physical shares and wants the bonus issue in demat form; and 2. If one is holding demat shares and wants the bonus issue in physical form. All my shares are in demat form and I would also like to have the bonus issue in demat. Please advise on what the procedure is to avail the bonus issue as I have absolutely no idea what the correct and current procedure is like. Regards, Lal. 
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