What happens MTF-funded stocks during corporate actions?

For specific corporate actions such as mergers and buybacks, if the client informs Jainam within 2 days before the ex-date, the relevant MTF position can be converted to a CNC or delivery.

However, no such conversion required for corporate actions like bonuses, stock splits, dividends, and rights issues.

RELATED FACTS:
As the market price of shares reduces due to corporate action like stock-split and bonus issue. It may lead to MTF Margin shortfall in client's MTF ledger.