In a significant development, Jio Financial Services Ltd. (JFSL) has informed the exchanges that it has received approval from the Department of Economic Affairs, Ministry of Finance, to raise the foreign investment limits in the company to 49% of its total equity on a fully diluted basis. This milestone is expected to open the door …
On August 29, 2024, S.J.S. Enterprises Limited announced a strategic move to enhance its sustainability efforts by finalising an agreement for a solar power initiative. The company has entered a Share Subscription & Shareholders’ Agreement and a Power Supply & Offtake Agreement with Sunsource Energy Private Limited (SEPL) and Suryaurja One Private Limited (SOPL). This …
Companies declare bonus shares from their profit. These shares are awarded to investors for free. Knowing whether you qualify for bonus shares if you are a new investor is essential. As October has arrived, several companies, including small-cap Ruchira Papers, have announced bonus shares. If you have stocks of these companies, you will receive bonus …
Companies issue bonus shares to their existing shareholders from their reserves or earnings. It is usually good news as it increases the total number of shares in the investor’s portfolio. The exact number of bonus shares issued to investors depends on their holdings. For example, the company may issue bonus shares at a ratio of …
Bonus shares represent a corporate action where companies issue additional shares to their existing shareholders without any extra cost based on the number of shares they already own. This gesture is often perceived as a company’s method to reward its shareholders when it cannot disburse dividends in cash but wants to express its gratitude for …
Bonus shares are free, additional shares that companies give to the existing shareholders based on the shares currently held by them. For example, if company ABC announces 2:1 bonus shares, its shareholders will receive two bonus shares for each share they have. There are a few reasons why companies issue bonus shares. But it usually …
What is bonus share? Bonus shares are free shares given to the existing shareholders. For example, if a company declares bonus shares at a ratio of 1:2, that means shareholders will get one bonus share for every 2 shares held by them already. In other words, a person holding 200 shares will receive 100 bonus …
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 …
