Receiving shares from the stock split

difference between ex-date and record date for corporate benefits ?

sir
Members can anyone tell me, wat is the ex-date. suppose if the company announces 15th sep 2010 as ex-date and 17 th sep as record date for bonus issue, on wat date we have to hold the shares. when the bonus shares will be credited to our account.

Regards

Re: difference between ex-date and record date for corporate benefits ?

Its takes max 30 days for the shares to be credited to your account.

Assume that company announces stock split of share with face value of 10 Rs to 1 Rs and fixes 15 th sep 2010 as record date then how many days it will take for the resulting shares caused by stock split to credit in my demat account.

Re: difference between ex-date and record date for corporate benefits ?

if 15th sept is announced as ex-date, u should buy the scrip at least by 14th Sept to be eligible for bonus. if 17th sept is the record date, on 17th sept, u should hold the scrip to be eligible for bonus. bonus will be credited normally within 15 to 30 days, depending on the company.

Dear friends
I have this following query....

Assume that company announces stock split of 10 Rs to 1 Rs per share and fixes 15 th sep 2010 as record date, then how many days it will take for the resulting shares caused by stock split to credit in my demat account.