Corporate actions fall into two categories based on whether you need to do anything as a shareholder.
Mandatory Corporate Actions
These are applied automatically to all eligible shareholders on the record date. You don’t need to apply, approve, or respond. The change simply reflects in your DEMAT account or bank on the due date.
Examples: Dividends, bonus issues, stock splits, mergers and amalgamations.
Voluntary Corporate Actions
These require you to make a decision and act within a specified deadline. Participation is your choice — but not responding in time usually means missing out on the benefit.
Examples: Rights issues, buybacks.
The key thing to keep in mind is that for mandatory actions, simply being on the shareholder register as of the record date is enough and nothing else is required from your end. For voluntary actions, always watch for announcements on BSE/NSE or through the Event Calendar on the Samco app so you don’t miss the window.
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