---
title: "Are shareholders eligible for corporate action benefits if the shares ..."
description: "Yes, you are still eligible for corporate action benefits even if you sell the shares on the ex-date/record date. This is because eligibility for the…"
category: console
subcategory: corporate-actions
slug: are-shareholders-eligible-for-corporate-action-benefits-if-the-shares
canonical: https://support.arrow.trade/console/corporate-actions/are-shareholders-eligible-for-corporate-action-benefits-if-the-shares/
---

# Are shareholders eligible for corporate action benefits if the shares ...

> Yes, you are still eligible for corporate action benefits even if you sell the shares on the ex-date/record date. This is because eligibility for the…

## Short answer

Yes, you are still eligible for corporate action benefits even if you sell the shares on the ex-date/record date. This is because eligibility for the benefits of corporate actions requires you to have the shares in your demat account on the ex-date/record date.

## Why you remain eligible when selling on the ex-date

When you sell shares on the ex-date/record date, they will be debited from your demat account on the next day (T+1 day), not on the same day. Since you held the shares in your demat account on the ex-date/record date, you qualify for the corporate action benefits.

## Related

- Browse more in [corporate actions](/console/corporate-actions/)
- Open account: [kyc.arrow.trade](https://kyc.arrow.trade)
- Trade on Arrow: [app.arrow.trade](https://app.arrow.trade)
- Support: [support@arrow.trade](mailto:support@arrow.trade)

---

Source: https://support.arrow.trade/console/corporate-actions/are-shareholders-eligible-for-corporate-action-benefits-if-the-shares/
Publisher: Arrow / iRage Broking Services LLP