Bonus Shares Record Date This Week (Photo: Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed

GEE Ltd., Paushak Ltd., Shilpa Medicare Ltd. are companies that are all set to disburse bonus shares to their stakeholders.

To be eligible for a bonus issue, investors should pay attention to the record date, which is used to determine eligible shareholders. The company announces this date in advance, and only those who hold the shares in their demat account as of this record date will be eligible for the bonus allotment.

Under India's T+1 settlement cycle, investors must buy the shares at least one trading day before the record date to be eligible. This means that purchases made on the record date itself will not reflect in the demat account in time.

The board of GEE Ltd.

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