Bonus share alert! After 677% return in 1 year, multibagger stock declares issue; Do you own? Ratio, record date update
New Delhi, Oct. 25 -- Multibagger non banking financial services (NBFC), Indus Finance Limited, share price ended with 5.26% weekly loss, weeks after the announcement of quarterly results and bonus share update. Despite the weekly decline, Indus Finance share price has rallied 144% in three months and around 390% return in six months.
As the multibagger stock has announced bonus share issuance, here are all the details about the corporate action.
The company's board of directors considered and recommended a proposal for issue of bonus shares. The board approved and recommended the issue of bonus equity shares in the ratio 5:9. Which means shareholders will get five new fully paid-up equity shares (of face value Rs.10 each) for every nin...
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