BSE Limited has informed the exchange (NSE) about a significant corporate decision taken during the Board of Directors meeting held on March 30, 2025.
The company has approved the issue of bonus equity shares in a 2:1 ratio, subject to shareholder approval through a postal ballot.
Post this announcement, on Tuesday, April 1, 2025, BSE share price opened at ₹5,544.00, up from its previous close of ₹5,479.80. At 9:48 AM, the share price of BSE was trading at ₹5,524.00, up by 0.81% on the NSE. As of the same time, the stock price touched its day’s high so far at ₹5,575.50.
BSE Bonus Share Issue Details
The bonus equity shares will be issued at a ratio of 2:1, meaning that for every one fully paid-up equity share of ₹2 each held by the shareholders as on the record date, two additional shares will be granted. This move will effectively increase the total number of shares in circulation and provide shareholders with additional equity in the company without the need for further investment.
- Bonus Ratio: 2:1 (2 shares for every 1 fully paid-up share)
- Total Number of Shares: 27,46,52,718 equity shares of ₹2 each, amounting to a total value of ₹54,93,05,436
- Source of Bonus Shares: The shares will be issued from the Capital Redemption Reserves and General Reserves as of December 31, 2024.
- Record Date: The exact record date for determining eligibility will be announced in due course.
Pre- and Post-Bonus Share Capital
Before the bonus issue, the company’s share capital stood at ₹27,46,52,718, divided into 13,73,26,359 equity shares of ₹2 each. After the bonus issue, the capital will rise to ₹82,39,58,154, divided into 41,19,79,077 equity shares of ₹2 each. The total subscribed and paid-up capital will increase to ₹81,22,58,154, divided into 40,61,29,077 equity shares of ₹2 each.
- Pre-Bonus Share Capital: ₹27,46,52,718 (13,73,26,359 shares)
- Post-Bonus Share Capital: ₹82,39,58,154 (41,19,79,077 shares)
Financial Reserves for the Bonus Issue
The bonus shares will be issued using the available reserves. The capital redemption reserve is ₹0.02 crores, while the general reserve stands at ₹54.91 crores. The unaudited reserves position of BSE as of December 31, 2024, includes:
- General Reserves: ₹414.06 crores
- Retained Earnings: ₹2,141.63 crores
- Securities Premium: ₹0
- Capital Redemption Reserve: ₹0.02 crores
The company stated that the figures above are based on the unaudited financial results for the period ending December 31, 2024, reviewed by the statutory auditors.
Estimated Timeline for Credit/Dispatch
The bonus shares will be credited to eligible shareholders or dispatched within two months from the date of Board approval, i.e., on or before May 29, 2025. Shareholders can expect the bonus shares to be credited to their accounts within this period, enhancing their stake in the company.
Conclusion
This move is expected to boost shareholder confidence and further solidify BSE’s position in the market as it continues to prioritise value creation for its investors.
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