The Shares Registrar informs the Securities Exchange and CDSC in writing of any proposed Bonus Issue and the Entitlement Date.

Following settlement of all transactions that took place on or before the last cum-date, CDSC provides the Shares Registrar with an Entitlement Schedule with respect to shareholders registered as at Entitlement Date.

The Shares Registrar then submits to CDSC an Allotment Schedule.

At the close of Business Day before the listing of the new shares, CDSC credits the clients CDS with the number of Bonus Securities allotted to them.