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Who disburses the corporate benefits arising, say a bonus or rights or dividend in respect of demat holdings?

April 26, 2017arising Benefits Bonus corporate demat disburses dividend respect Rights

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Who disburses the corporate benefits arising, say a bonus or rights or dividend in respect of demat holdings?

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When any corporate benefits such as rights or bonus or dividend or interest is announced for a particular security, CDSL provides to the concerned issuer / RTA list of the BOs, their electronic holdings as on the record / book closure date for recording the entitlement of the corporate benefit.