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.
