Record Date on WebNotes

How to participate in a bonus issue on Zerodha

Tue, 12 May 2026 00:00:00 +0000

A bonus issue is a corporate action in which a listed company distributes additional shares to existing shareholders free of cost, in proportion to their current holdings, by capitalising accumulated reserves. No payment is required from the shareholder. A 1:1 bonus means one additional share for every share held; a 2:1 bonus means two additional shares for every share held.

Unlike a rights issue, a bonus issue is automatic: shareholders who are on the register on the record date receive bonus shares without submitting any application or paying any consideration. Participation on Zerodha therefore requires no active step beyond holding shares before the ex-date.

How to receive and reinvest a dividend on Zerodha

Tue, 12 May 2026 00:00:00 +0000

A dividend is a distribution of a company’s profits to its shareholders, typically declared by the board of directors and approved at the Annual General Meeting (AGM) or Extraordinary General Meeting (EGM). Dividends in India are paid in cash directly to the registered bank account of the shareholder; no action is required from the shareholder to receive a dividend.

Zerodha clients receive dividends automatically from the company’s Registrar and Transfer Agent (RTA) via NEFT/RTGS to the bank account linked to their Zerodha demat account. Zerodha does not charge any fee for dividend credit.

IDCW intimation for mutual funds in India

Tue, 12 May 2026 00:00:00 +0000

An IDCW intimation (Income Distribution cum Capital Withdrawal intimation), commonly referred to as a dividend intimation before SEBI’s renaming of the option in 2021, is a regulatory announcement made by a mutual fund AMC ahead of a planned distribution from a scheme’s IDCW option. The intimation discloses the per-unit IDCW amount, the record date (the date by which investors must hold units to be eligible), the ex-date (the date from which the NAV drops to reflect the distribution), and details of applicable TDS under Section 194K. SEBI mandates that this intimation be published at least one day before the ex-date, and that it be communicated to AMFI and published on the AMC’s website.