The board of Indian stock exchange BSE limited approved a 2:1 bonus share issue, as per the filing on Sunday.<\/p>\n
As per the announcement, the BSE will grant two shares for every one held by shareholders as of the record date.<\/p>\n
“Issue of Bonus equity shares in the ratio 2:1 i.e. 2 (Two) equity shares of Rs 2 each for every 1 (One) full paid-up equity share of Rs 2 each held by the Shareholders of the Company as on the Record Date, subject to the approval of Shareholders through Postal Ballot,” BSE said in a filing.<\/p>\n
This marks the second instance when BSE has announce the bonus share issue after its listing in in 2017. The record date is not determined for the latest bonus issue.<\/p>\n
As per the filing bonus shares will be issued from and out of Capital Redemption Reserves and General Reserve as available on December 31, 2024.<\/p>\n
According to the filing only investors holding shares of the company before the ex-date will be eligible for the bonus shares.<\/p>\n
Bonus shares are usually issued by companies in order to increase their earnings per share (EPS), extend their paid-up capital, and take advantage of free reserves while lowering reserves. Existing stockholders receive these shares at no further expense.<\/p>\n
According to publically available information, the exchange announced a dividend of Rs 12 per share in May 2023, with the ex-dividend date on August 4, 2023. Additionally, in June 2024, BSE announced a final dividend of Rs 15 per share, with the ex-dividend date on June 14, 2024.<\/p>\n
Established in 1875, BSE (formerly known as Bombay Stock Exchange), is Asia’s first & the Fastest Stock Exchange in world with the speed of 6 micro seconds and one of India’s leading exchange groups.<\/p>\n
Over the past 143 years, BSE has facilitated the growth of the Indian corporate sector by providing it an efficient capital-raising platform. Popularly known as BSE, the bourse was established as ‘The Native Share & Stock Brokers’ Association’ in 1875. In 2017 BSE become the 1st listed stock exchange of India.<\/p>\n
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)<\/i><\/p>\n
\u200bThe board of Indian stock exchange BSE limited approved a 2:1 bonus share issue, as per the filing on Sunday.\u00a0\u00a0<\/p>","protected":false},"excerpt":{"rendered":"
The board of Indian stock exchange BSE limited approved a 2:1 bonus share issue, as per the filing<\/p>\n","protected":false},"author":0,"featured_media":114372,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-114371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"featured_image_urls":{"full":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/03\/6c20i81g_stocks-generic_625x300_21_February_23-gxd5in.jpeg",650,400,false],"thumbnail":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/03\/6c20i81g_stocks-generic_625x300_21_February_23-gxd5in-150x150.jpeg",150,150,true],"medium":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/03\/6c20i81g_stocks-generic_625x300_21_February_23-gxd5in-300x185.jpeg",300,185,true],"medium_large":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/03\/6c20i81g_stocks-generic_625x300_21_February_23-gxd5in.jpeg",640,394,false],"large":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/03\/6c20i81g_stocks-generic_625x300_21_February_23-gxd5in.jpeg",640,394,false],"1536x1536":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/03\/6c20i81g_stocks-generic_625x300_21_February_23-gxd5in.jpeg",650,400,false],"2048x2048":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/03\/6c20i81g_stocks-generic_625x300_21_February_23-gxd5in.jpeg",650,400,false],"morenews-large":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/03\/6c20i81g_stocks-generic_625x300_21_February_23-gxd5in.jpeg",650,400,false],"morenews-medium":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/03\/6c20i81g_stocks-generic_625x300_21_February_23-gxd5in-590x400.jpeg",590,400,true]},"author_info":{"display_name":"","author_link":"https:\/\/alertindianews.in\/?author=0"},"category_info":"Uncategorized<\/a>","tag_info":"Uncategorized","comment_count":"0","_links":{"self":[{"href":"https:\/\/alertindianews.in\/index.php?rest_route=\/wp\/v2\/posts\/114371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alertindianews.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alertindianews.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/alertindianews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=114371"}],"version-history":[{"count":0,"href":"https:\/\/alertindianews.in\/index.php?rest_route=\/wp\/v2\/posts\/114371\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alertindianews.in\/index.php?rest_route=\/wp\/v2\/media\/114372"}],"wp:attachment":[{"href":"https:\/\/alertindianews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=114371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alertindianews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=114371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alertindianews.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=114371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}