https://www.taxtmi.com/circulars?id=67792 Enables T+2 trading for equity bonus shares by requiring issuers to obtain in principle approval within five working days of board approval, deem allotment on T+1, and for exchanges to notify acceptance and the deemed allotment date. Depositories must receive documents for credit by 12:00 PM on T+1 and issuers must upload distinctive number ranges; shares will be tradable on T+2. Direct credit into permanent ISINs is permitted for bonus issues. The procedure applies to bonus issues announced on or after October 1, 2024, and non compliance attracts penalties under existing SEBI guidance. en-us Mon, 16 Sep 2024 00:00:00 +0530 Thu, 26 Feb 2026 11:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67792 Enables T+2 trading for equity bonus shares by requiring issuers to obtain in principle approval within five working days of board approval, deem allotment on T+1, and for exchanges to notify acceptance and the deemed allotment date. Depositories must receive documents for credit by 12:00 PM on T+1 and issuers must upload distinctive number ranges; shares will be tradable on T+2. Direct credit into permanent ISINs is permitted for bonus issues. The procedure applies to bonus issues announced on or after October 1, 2024, and non compliance attracts penalties under existing SEBI guidance. Circulars SEBI Mon, 16 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67792