RIL bonus shares: RIL bonus shares record date likely in October? Here’s what data suggests

RIL bonus shares: RIL bonus shares record date likely in October? Here’s what data suggests

Calling it an ‘early Diwali gift’, Mukesh Ambai-owned Reliance Industries approved a 1:1 bonus share issue earlier this week and the historical data suggests that the record date might be in October. “The Board of Directors of Reliance Industries Limited (RIL) today approved the issue of bonus shares in the ratio of 1:1 i.e. every … Read more

NBCC announces issue of bonus shares in 1:2 ratio; to use Rs 90 crore free reserve for this purpose

NBCC announces issue of bonus shares in 1:2 ratio; to use Rs 90 crore free reserve for this purpose

State-owned NBCC (India) Ltd on Saturday said the board has approved issue of bonus shares in a ratio of 1:2 to eligible shareholders and the company will utilise Rs 90 crore free reserve for this purpose. In a regulatory filing, the company informed that the board has approved issuance of bonus shares and fixation of … Read more

Regulator proposes faster credit and trading of bonus shares

Regulator proposes faster credit and trading of bonus shares

The Securities and Exchange Board of India (Sebi) has proposed faster credit and trading of bonus shares. It has suggested to streamline and reduce timelines of bonus issue enabling T+ 2 trading of shares post record date. The move is aimed to reduce investors’ risk of market volatility due to any delay in credit of … Read more