Corporate actions
What is book closure date?
The book closure date is the date on which you must hold the stock in your demat account to be eligible for corporate action benefits such as bonus…
What is consolidation of shares?
Consolidation of shares is a corporate action where a company reduces the number of outstanding shares by combining the shares and increasing the face…
What is record date & ex-date for dividends?
See the steps and notes below for Arrow account opening guidance.
What is the correct buy average for the partly-paid shares?
The buy average for the partly paid shares only includes the paid-up price.
What is the employee category in OFS?
The Employee category in an Offer for Sale (OFS) is a specific category for employees participating in the OFS, conducted on T+1 day alongside the…
What is the impact of a bonus issue on equity holdings and F&O positions?
A bonus issue is the distribution of free shares by the company to eligible shareholders. To learn more, see What is a Bonus issue?
What is the impact of Corporate Actions on F&O contracts?
Corporate actions such as dividends, rights issues, mergers, demergers, stock splits, and bonus issues significantly impact Futures and Options (F&O)…
What is the impact of mergers and spin offs on shares?
Mergers and spin-offs can have various impacts on your shares, depending on the specific details of the corporate actions involved.
What is the maximum allowed bid quantity for retail OFS bids?
Retail bids for an Offer for Sale (OFS) are limited to a maximum value of ₹2 lakhs. The maximum allowed quantity depends on the cut-off price set for…
What should be done if someone missed applying for a delisting?
If someone misses applying for the delisting, they can tender the shares offline directly to the company, and the company will buy them back.…
Why are dividends not credited and what should shareholders do in order to get them?
Dividends are usually credited between 30 to 45 days after the ex-date/record date. If you were eligible for dividends but did not receive them, you…
Why are the bonus shares not visible in the holdings even though the company has issued it?
Your bonus shares will only appear once they are credited to your demat account.
Why did I receive less dividend than expected?
You received less dividend than the declared amount because companies deduct Tax Deducted at Source (TDS) before crediting the dividend to your…
Why has the average price been reduced after receiving bonus shares in Arrow?
The average price, or buy average price, of a stock is reduced after the credit of bonus shares to the account because the bonus shares are credited at…
Why haven't the bonus shares appeared in the holdings despite the decrease in stock price?
Bonus shares are additional shares issued to existing shareholders free of charge, based on the number of shares they already own. These shares are…
Why is the cut-off price higher for retail OFS orders?
The cut-off price for retail OFS orders can be higher because it depends on the institutional demand received on the first day of bidding.
Why was the OFS allotment not received even though the request was placed before the cut-off?
The Offer For Sale(OFS) allotment is decided by the exchanges and not the broker. The cut-off price is established based on bids made by the non-retail…
Why were the shares not eligible for corporate action benefits even though they were purchased before the ex-date?
You need to hold shares in your demat account on or before the ex-date or record date to be eligible for corporate action benefits. Shares that have…
Will eligibility for corporate action benefits be affected if my stocks are pledged with Arrow?
You will remain eligible for all corporate action benefits even when your stocks are pledged with Arrow.