Why are the bonus shares not visible in the holdings even though the company has issued it?

It may take around 3-4 working days for bonus shares to be credited to the shareholders demat account after the record date. Bonus shares are only shown in the demat account once the shares are credited. Similarly, the bonus shares will be shown in the client's portfolio report at Jainam after their credit.
Due to the above reason, it is possible that the bonus shares are not visible in the holdings at Jainam even though the company has issued them.