BPCL, HPCL to consider bonus share issue this week
In separate filings to the stock exchanges, the two firms said their boards will meet on May 9 to consider and approve the issuance of bonus shares.
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In separate filings to the stock exchanges, the two firms said their boards will meet on May 9 to consider and approve the issuance of bonus shares.
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The scrip outperformed the sector by 4.36 per cent as Nifty Metal index trades flat at 8,173.20, up marginally 0.52 per cent. , Markets News - Times Now
Bonus shares refer to additional shares that a company distributes to its existing shareholders at no extra cost. These bonus shares enhance liquidity, reduce the per-share value of a stock, and foster greater participation from retail investors, according to market participants.