Home / Business and Economy / Company Announces 3:1 Bonus & 1:10 Stock Split
Company Announces 3:1 Bonus & 1:10 Stock Split
15 Dec
Summary
- A record date of December 22, 2025, has been established.
- Shareholders are eligible for a 3:1 bonus share issue.
- A 1:10 stock split will also be implemented for existing shares.
The company has officially designated Monday, December 22, 2025, as the crucial record date for determining shareholder eligibility for upcoming corporate actions. This date will be used to identify which shareholders are entitled to the announced bonus issue and stock split.
Shareholders on record by this date will benefit from a bonus issue of equity shares, distributed at a substantial ratio of three new shares for every one share currently held. This move aims to reward existing investors and increase their holdings.
Furthermore, the company is proceeding with a stock split, effectively dividing each existing equity share with a face value of ₹10 into ten new equity shares, each with a face value of Re 1. This is expected to enhance the liquidity and affordability of the company's stock.
