Corporate actions like bonus, split, merger and demerger do not change your overall investment value, but they do impact the number of shares held in your Demat account and price per share of the security. To maintain accurate P&L and valuations, your portfolio may need to be updated manually.

How to Update Portfolio Entries

I. For Corporate Actions

Your portfolio is auto-updated for corporate actions such as stock split, bonus, merger and rights issue allotments. For certain corporate actions like a demerger or capital reduction, you’ll have to manually update your portfolio using either of the following methods:

Option 1: Through Advance Options

Path: Stocks → Portfolio → Advance Options → Add New Transaction Manual

Option 2: Through Transaction History

Path: Stocks → Portfolio → Click on 3 dots under ‘Actions’ for the stock → Transaction History → Add Transaction

Impact of Corporate Actions Explained

A. Bonus / Stock Split

Effect on Holding: The number of shares held in your Demat account increases, based on the bonus or split ratio and the price per share reduces proportionally.

Credit Timeline: The timeline for the bonus shares to be credited to Demat account may vary.

Impact on Portfolio: A temporary drop in P&L is likely till the additional shares are credited in your Demat account and the portfolio is adjusted thereafter.

Action Required to Update portfolio:

No action is required at your end. Bonus and split entries are auto-updated in your portfolio.

B. Demerger

Effect on Holding: Shares of the newly formed company will be credited directly in your Demat account. The quantity and price of the demerged company will change.

Credit Timeline:  Shares of the newly formed company will be credited to your Demat account after all due approvals are received from the demerged company. There are no fixed timelines for the credit of shares.

Impact on Portfolio: The price and quantity of the demerged company will change as per the ratio announced by the Company. The Price and quantity of the newly formed company will have to be updated by manually adding entries in your portfolio.

Example: A Ltd. demerges into A Ltd. and B Ltd.

• Transaction history of A Ltd. as on the record date is as shown in the table below:

• Demerger Ratio: 1:5 → You receive 500 shares of B Ltd.

• Cost Apportionment: 80% to A Ltd., 20% to B Ltd.

Action Required to Update portfolio:

Yes, entries have to be manually updated in Portfolio.

Steps:

1. Identify your holding in A Ltd. as on the record date.

2. Apply the cost apportionment % to split the total cost between A Ltd. and B Ltd. (Refer to the table below to understand how to calculate this)

3. Add a Buy transaction for B Ltd.:

• Quantity = A Ltd. shares × demerger ratio (e.g., 40 × 1/5 = 8)

• Price = (Total cost × 20%) ÷ Quantity

4. Adjust A Ltd.’s transactions by placing contra-sell entries of existing transactions and a buy entry to reflect the revised cost (80%).

• Quantity for the Buy entry will be the same as the quantity of A Ltd. you held as on the record date.

• Price of Buy entry = Price of contra-sell entry x 80%

C. Merger

Effect on Holding:  Shares of the new company will be credited directly to your Demat account as per the ratio that the company has announced.

Credit Timeline:  Shares will be credited after all due approvals are received. There are no fixed timelines for the credit of shares.

Impact on Portfolio: The quantity and price of the merged entity will change as per the ratio. The shares of the company which ceases to exist will be removed from your portfolio and the shares of the merged entity will be added to your portfolio.

Example: X Ltd. and Y Ltd. merge into Y Ltd., and X Ltd.  will no longer exist after the merger

• You hold: 100 shares of X Ltd. @ ₹500 = ₹50,000

• Merger Ratio: 5:2 → You receive 40 shares of Y Ltd.

➤ Action Required to Update portfolio:

No action required at your end.

D. Rights Issue

Effect on Holding: Eligibility for Rights Entitlement (RE) shares is based on the number of shares you hold in the company announcing the rights issue.
These shares are temporarily listed and will lapse automatically once the rights issue closes.

Credit Timeline: RE shares are credited to your Demat account one day before the rights issue opens.
To know how to apply for a Rights Issue, click here.

Impact on Portfolio:

With effect from 27th May 2026, Right and Entitlement (RE) shares will be automatically updated based on the debit or credit transactions in your Demat account, with the closing price on the transaction date being considered as the cost price. For transactions executed before 27th May 2026, the cost price details need to be updated manually.  

If the RE shares are applied for or lapsed, they will be removed from your Demat account, which may affect your capital gain statement.

You can edit or delete these entries by visiting: Website > Stocks > Portfolio > Holding Duration: Zero Holdings > Transaction History (for the specific stock)

If you apply for the rights issue and receive an allotment, you need to manually update the purchase price for the number of shares allotted.

✔ Action Required:  Yes, entries have to be manually updated in Portfolio.

II. For Off-market transactions

Impact on Your Portfolio

With effect from 27th May 2026, off-market transactions will be automatically updated in your portfolio based on the debit or credit of securities in your Demat account. However, for off-market transactions executed prior to 27th May 2026, the transaction details need to be updated manually in the portfolio.

Off-Market In (Transfer from another broker to ICICI Direct):

• Credit entries in your Demat account will be automatically updated in your portfolio as buy transaction with the transfer date as the transaction date and closing price as the buy price.

• In order to ensure accuracy in capital gain statement, you can edit trade date or buy price by visiting: Website > Stocks > Portfolio > Transaction History (for the specific stock).

Off-Market Out (Transfer from ICICI Direct to another broker):

• Debit entries in your Demat account will be automatically updated in your portfolio as sell transaction with the transfer date as the transaction date and closing price as the sell price.

• In order to ensure accuracy in capital gain statement, you can edit or delete these entries by visiting: Website > Stocks > Portfolio > Select Holding Duration: All > Transaction History (for the specific stock).

Action Required:  Yes, entries have to be manually updated in your Portfolio.

Summary: Action Required or Not

New process for Portfolio Update:

Additional Notes:

- Shares received through a bonus issue, stock split, or demerger are automatically credited and allocated to your Demat account.

- In certain corporate actions, newly issued shares may require activation at the depository level before they can be credited to the client’s Demat account. Once the shares are credited, they are automatically allocated to your Demat account.

- In case of delay in the credit or allocation process, you may manually allocate the shares by clicking the ‘Allocate’ button available on the Demat Holdings page.