CONCOR Board Approved Bonus Issue of 1:4: Check Record Date, Bonus History and More

On May 22, the Board of Directors of Container Corporation of India Ltd (CONCOR) approved the bonus issue of 1:4, which means that the eligible shareholders will receive 1 (One) equity shares of ₹5.00 each for every 4 (Four) full paid-up equity share of ₹5.00 each held by the Shareholders of the Company as on the Record Date.

CONCOR said in an exchange filing,” The Board has approved issuance of Bonus equity shares in the ratio 1:4, i.e. 1 (One) equity share of ₹5.00 each for every 4 (Four) full paid-up equity share of ₹5.00 each held by the Shareholders of the Company as on the Record Date. The issuance of Bonus Shares is subject to the approval of Shareholders (through Postal Ballot) and other requisite approvals as may be applicable. The Company will inform the "Record Date" for determining the entitlement of the Shareholders to receive Bonus Shares in due course”.

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CONCOR Bonus Issue History

CONCOR is once again contemplating the issuance of bonus shares, marking the 5 instance in its corporate history. The company has demonstrated a consistent commitment to rewarding its shareholders through periodic bonus issues over the years.

The most recent bonus was declared on February 4, 2019, at a ratio of 1:4—granting shareholders one bonus share for every four shares held. A similar bonus distribution occurred earlier on April 5, 2017, also at a 1:4 ratio. Going further back, on September 6, 2013, CONCOR announced a 1:2 bonus issue, and the earliest in this series was on April 16, 2008, with a generous 1:1 ratio, effectively doubling shareholders' holdings.

CONCOR Q4FY25 Results

Container Corporation of India (CONCOR) reported a 1.6% decline in its fourth-quarter net profit on Thursday, primarily due to a dip in revenue from its domestic cargo operations. The state-owned rail logistics firm posted a consolidated net profit of ₹2.99 billion (approximately $34.78 million) for the quarter ended March 31, down from ₹3.03 billion in the same period last year. 

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