LIC shares surged over 5% on Wednesday after the insurer announced its first-ever 1:1 bonus issue, allowing shareholders to ...
As per the information available, after the proposed bonus issuance of 1:1, the paid up equity share capital will increase to ...
Pharma player Anlon Healthcare has approved corporate restructuring measures such as a stock split and bonus share ...
In an exchange filing on Monday evening, LIC said its board, at a meeting held on April 13, approved the issuance of bonus ...
LIC announces its first-ever 1:1 bonus issue, set to reward 22 lakh shareholders and boost liquidity amid strong financial ...
LIC announces its first-ever 1:1 bonus issue for shareholders—check record date details and learn how you can benefit!
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LIC shares rise after board approves maiden bonus issue
LIC share price jumped as much as 4.24% on the NSE to Rs 837.75, compared to a 1.5% gain in the benchmark Nifty 50 index.
Life Insurance Corporation (LIC) on Monday said its board has approved a bonus issuance of equity shares in 1:1 ratio.
Since April 2 is the ex-date, investors needed to own the stock before that. This means shares had to be bought by the close ...
If an investor held 100 shares of the company as of the record date, he would receive 100 bonus shares under the 1:1 ratio.
In a stock exchange filing, the company confirmed, “The revised Record Date for determining the entitlement of members to ...
Explains the full legal procedure for issuing bonus shares under Section 63 of the Companies Act, 2013. It highlights key ...
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