A bonus issue is a corporate action in which a company distributes additional shares to its existing shareholders, without any additional cost, based on their current shareholdings. These bonus shares are issued in proportion to the number of shares a shareholder already owns. The objective behind the bonus issue is to typically issue bonus shares …
A bonus issue is a corporate activity wherein a business gives its present shareholders extra shares based on their current shareholdings at no additional cost. The amount of bonus shares that a shareholder receives depends on how many shares they currently possess. Usually, the goal of the bonus issue is to capitalise on the company’s …
August 2023 brings exciting news for investors as several companies announce bonus share distributions. If you are a stock market enthusiast or an investor, understanding the potential impact of bonus shares on the company’s stock value and investor portfolio is crucial. Let’s understand the bonus shares and see the list of companies that have announced …
In the Indian stock market, issuing bonus shares is a common practice. The specific regulations for bonus issues are set by the Securities and Exchange Board of India (SEBI). Companies also consider their own financial strategies when deciding to issue bonus shares. Bonus shares are a form of corporate action that leads to many benefits. …
What is a bonus share in the stock market? Bonus shares are shares given to the existing shareholders for free. For example, if a company declares bonus shares at a ratio of 1:3, that means shareholders will get one bonus share for every 3 shares held by them already. In other words, a person holding …
On August 12, 2024, Panasonic Energy India Co. Ltd, a part of Panasonic Holdings Corporation, announced its audited standalone results for the quarter ended June 30, 2024. Panasonic Energy India Co. Ltd reported a revenue of ₹629 million, slightly down from the same period last year, but its profit after tax (PAT) increased by 63.5% …
AGS Transact Technologies has announced a significant enhancement to Chennai Metro’s commuting experience by launching its digital payment platform and non-bank prepaid payment instrument (PPI) ‘Ongo’. This initiative marks a milestone in transit convenience by introducing instant National Common Mobility Cards (NCMC). The NCMC cards, which facilitate seamless travel across various modes of transportation, including …
Godrej Properties Limited, a prominent real estate developer in India, has announced the acquisition of a significant 90-acre land parcel in Khalapur, Raigad, Maharashtra. This strategic acquisition positions the company to develop approximately 1.7 million square feet of saleable area, primarily residential plotted development. Located near Karjat Khopoli Road, Khalapur offers a picturesque setting with …
On August 12, 2024, Voltas Limited announced its Consolidated Financial Results for the quarter ending June 30, 2024, showcasing impressive growth across its segments. The company reported a remarkable 46% increase in consolidated Total Income in Q1 FY 2025, reaching ₹5,001 crore compared to ₹3,430 crores in the same quarter of the previous year. This …
The Government of India has approved Oil and Natural Gas Corporation Limited (ONGC) ‘s investment in ONGC Petro Additions Limited (OPaL). This strategic move will strengthen ONGC’s presence in the petrochemical sector and provide OPaL with the necessary capital for growth. The government has sanctioned an additional equity capital infusion of ₹10,501 crore into OPaL. …
