Adjustment of F&O contracts and Bonus Issue of NMDC
Bonus Issue is one of the corporate actions where a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholders.
As per the recent NSE circular, NMDC Ltd. is issuing 1 bonus share in NMDC Iron & Steel Ltd. for every 1 existing share held in NMDC Ltd. The key dates for the Bonus Issue are as follows:
Company Name | Record date | Ex-Bonus basis from Date |
NMDC Ltd. | 28-Oct-22 | 25-Oct-22 |
Refer: NSE circular