General
How will the IRB Infrastructure Developers Bonus Issue impact my MTF position?
IRB Infrastructure Developers Ltd has announced a 1:1 Bonus Issue with Record Date: April 1, 2026 and Ex-date: March 30, 2026.
Here’s how this will impact your MTF holdings:
A. Price Adjustment:
On the ex-date (March 30, 2026), the stock price is expected to adjust by ~50%. This may temporarily impact how your MTF position value appears.
B. Existing MTF Positions:
You can continue holding your current MTF positions without any action.
C. Margin Requirement:
Margins for this stock have been revised to 40%. Please ensure sufficient margin is maintained to avoid auto square-off.
D. Trading Restriction Window:
You will not be able to sell MTF shares or convert them to delivery from March 30 to April 03, 2026.
E. Bonus Share Credit:
The bonus shares will be credited by April 03, 2026. These will:
- Automatically reflect in your MTF position
- Be auto-pledged under MTF
F. If You Want to Sell During Restriction Period:
You should convert your MTF position to delivery on or before March 27, 2026.