Bonus Shares

Shakti Pumps board recommends 1:5 bonus issue; shares slip 5%

The record date, which determines the eligibility of shareholders for the bonus shares, has not been fixed yet. The company noted that it would inform the exchanges about the record date "in due course of time."

NBCC board to consider issue of bonus shares on August 31

The state-owned construction firm NBCC Ltd has delivered multi-bagger returns to its shareholders tracking the broader rally in the PSU segment

CDSL board approves bonus shares in 1:1 ratio; stock down 2%

Post the issuance of the shares, the equity shares will amount to share capital of Rs 209 crore, according to the company statement.

PFC gets shareholders' nod to issue bonus shares

The PFC had proposed to issue bonus shares by capitalising securities premium account to the extent that each shareholder is entitled to a new equity share of Rs 10 each for every four equity shares of Rs 10 each.

Gujarat PSUs dividend policy: Bonanza for minority shareholders?

The state government has mandated a minimum of 30 percent of net profit, or 5 percent of net worth, whichever is higher, to be a minimum level of dividend declared for shareholders.

SEBI pitches stricter norms for bonus shares issue; targets discrepancies

The proposals seek to eliminate the mismatch between the listed capital and the issued capital of the issuer company

Nykaa board to consider proposal to issue bonus shares on October 3

The cosmetics-to-fashion retailer has reported a 42.24 percent year-on-year increase in consolidated profit at Rs 5.01 crore for the quarter ended June 2022

Balmer Lawrie and Company up 13% on bonus shares approval

The company at its meeting held on November 10, has approved the recommendation for issue of bonus shares in the proportion of 3 new equity bonus shares for every 1 existing equity share held by the shareholders.

Sunil Hitech Engineers hits 52-week high on bonus issue approval

The company at its meeting held on October 11, has approved the issue of bonus shares in the proportion of 1 equity share for every 1 existing share held by the members of the company.

Wim Plast surges 5%; Q1 net up 43%, approves 1:1 bonus

The company's Q1 (April-June) net profit rose 43.6 percent at Rs 13.5 crore against Rs 9.4 crore, in the same quarter last fiscal.

ITC shares trade ex-bonus with market cap over Rs 3 lakh cr

The cigarette-to-hotel-FMCG major has announced issue of bonus shares in the proportion of one bonus share for every two shares held.

TCS shareholder seeks 'sikkas', Mistry says board to consider

Amid demands from shareholders for bonus shares from Tata Group's crown jewel TCS, Chairman Cyrus Mistry on June 17 saw one investor asking for 'sikkas' -- a play on rival Infosys' chief Vishal Sikka

Dewan Housing allots over 14cr bonus shares in 1:1 ratio

Earlier in July, the board of directors of DHFL had approved to issue of bonus shares in the 1:1 ratio.

Selling bonus shares? Note the tax implications carefully

Many companies are declaring bonus to their shareholders. If a shareholder sells bonus shares in less than one year after the allotment date, he is liable to pay short term capital gain tax on them.

Ashoka Buildcon may issue bonus, stock up 3.85%

The board of directors of Ashoka Buildcon will meet on May 10 to discuss the issue of bonus shares and the splitting of equity shares of the company from face value of Rs 10 each to lower denomination.

Tata Teleservices locked at 10% upper circuit for 2nd day

Tata Teleservices (Maharashtra) had said it would hold extra-ordinary general meeting to consider issue of bonus shares for complying with the minimum public shareholding norms.

Tata Teleservices to consider bonus in EGM, shares soar 10%

Tata Teleservices (Maharashtra) said it would hold extra-ordinary general meeting to consider issue of bonus shares. Shares are locked at 10 percent upper circuit at Rs 6.64.

Bonus Shares: What impact on tax?

There are often bonus shares that are allotted to the individual due to their holdings in a company. This gives rise to a situation where the individual has to be alert about the nature of the tax impact that can follow from the allocation of these shares.