Bonus Announcement: Evans Electric Limited | 26 December 2024

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
Aayush wellness	1:2	December 26 2024
Bharat global developers limit	8:10	December 26 2024
Evans electric	1:1	December 26 2024

Aayush wellness

Aayush wellness which is a leading company in Fast Moving Consumer Goods has announced 1:2 bonus issue for its shareholders, effective, December 26 2024 rewards shareholders. This means that for every 2 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.

Bharat global developers limit

Bharat global developers limit which is a leading company in Information Technology has announced 8:10 bonus issue for its shareholders, effective, December 26 2024 rewards shareholders. This means that for every 10 share held by an investor, they will receive 8 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.

Evans electric

Evans electric which is a leading company in Services has announced 1:1 bonus issue for its shareholders, effective, December 26 2024 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.