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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 |
---|---|---|
1:1 | February 14 2025 | |
1:1 | February 14 2025 |
Richfield financial services l
Richfield financial services l which is a leading company in Financial Services has announced 1:1 bonus issue for its shareholders, effective, February 14 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.
Transformers and rectifiers (i
Transformers and rectifiers (i which is a leading company in Capital Goods has announced 1:1 bonus issue for its shareholders, effective, February 14 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.