Bonus Announcement: Hardwyn India Limited | 27 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
Nmdc	2:1	December 27 2024
Hardwyn india	2:5	December 27 2024

Nmdc

Nmdc which is a leading company in Metals & Mining has announced 2:1 bonus issue for its shareholders, effective, December 27 2024 rewards shareholders. This means that for every 1 share held by an investor, they will receive 2 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.

Hardwyn india

Hardwyn india which is a leading company in Services has announced 2:5 bonus issue for its shareholders, effective, December 27 2024 rewards shareholders. This means that for every 5 share held by an investor, they will receive 2 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.