Markets regulator Sebi has proposed a uniform timeline to ensure timely credit and trading of bonus shares, aiming for T+2 trading after the record date. Currently, bonus shares can be credited and available for trading within 2-7 working days post-record date, leading to inconsistencies. Sebi’s proposal seeks to standardize these timelines, ensuring bonus shares are available for trading by T+2 (two working days after allotment). This move aims to reduce market volatility risks due to delays in crediting bonus shares. Comments on the proposal are open until August 26.
Sebi Proposes Uniform Timeline for Bonus Shares Trading
