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What is a Bonus Share?
Bonus shares, also known as scrip dividends, are essentially free shares given to current shareholders in proportion to their existing holdings. For example, if a company announces a 1:2 bonus issue, shareholders will receive one new share for every two shares they currently hold. Similarly, a 9:1 ratio means that for every one share held, the shareholder will get nine additional shares.
Company | Ratio | Effective From |
---|---|---|
4:1 | February 07 2025 | |
1:1 | February 07 2025 |
Sangam finserv
Sangam finserv which is a leading company in Financial Services has announced 4:1 bonus issue for its shareholders, effective, February 07 2025 rewards shareholders. This means that for every 1 share held by an investor, they will receive 4 additional shares at no cost. The bonus issue is a part of the company’s strategy to reward its shareholders by increasing the number of shares outstanding, thus enhancing liquidity in the market.
URBAN
URBAN has announced 1:1 bonus issue for its shareholders, effective, February 07 2025 rewards shareholders. This means that for every 1 share held by an investor, they will receive 1 additional shares at no cost. The bonus issue is a part of the company’s strategy to reward its shareholders by increasing the number of shares outstanding, thus enhancing liquidity in the market.