Indian IPO Blog: Bonus 1:1
Showing posts with label Bonus 1:1. Show all posts
Showing posts with label Bonus 1:1. Show all posts

Saturday, August 20, 2016

Hindustan Petroleum Corporation (HPCL) to issue bonus in the ratio of 2:1

August 20, 2016 0
Hindustan Petroleum Corporation (HPCL) to issue bonus in the ratio of 2:1
Hindustan Petroleum Corporation Limited is an Indian state-owned oil and natural gas company with its headquarters at Mumbai, Maharashtra. It has about 25% marketing share in India among PSUs and a strong marketing infrastructure.

Board of Directors of the company at its meeting held on July 20, 2016, had considered and recommended capitalisation of reserves and issue of fully paid bonus shares in the ratio of 2 (two) Bonus Equity Share of Rs. 10 each for every 1 (one) existing equity share of Rs. 10 each

The company goes ex-bonus on Sep 14, 2016 and the record date for the issue was Sep 15, 2016

Thursday, August 18, 2016

Nava Bharat Ventures to issue bonus shares

August 18, 2016 0
Nava Bharat Ventures to issue bonus shares
Nava Bharat Ventures has announced issue of bonus shares in the ratio of 1:1. Thus, one bonus share would be issued for every one share held in the company

The record date for the issue is Sep 3, 2016 and the company goes ex-bonus on Sep 1, 2016. The 52 week low and high for the company are Rs.128 (12-2-2016) and Rs.269.60 (22-7-2016). Nava Bharat Ventures Limited (NBV) is a diversified organization with interests in power generation, ferro alloys, mining and agri-business

Sunday, August 14, 2016

Rural Electrification Corporation (REC) Bonus Issue

August 14, 2016 0
Rural Electrification Corporation (REC) Bonus Issue
Rural Electrification Corporation (REC) Limited has decided to reward its investors with a bonus issue of equity shares to be offered in the ratio of 1:1 which implies that one bonus share would be awarded for every one held in the company

The company would go ex-bonus on Sep 28, 2016 and the record date for the bonus issue is Sep 29, 2016. The shares of REC have been trading in a monthly range of Rs.190.40 to Rs.233.40 and have touched Rs.152.50 (17-2-2016) as 52 week low and Rs.297.25 (5-10-2015) as 52-week high

Rural Electrification Corporation Limited (REC) is a leading public Infrastructure Finance Company in India’s power sector. The company finances and promotes rural electrification projects across India, operating through a network of 13 Project Offices and 5 Zonal Offices, headquartered in New Delhi. The company provides loans to Central/ State Sector Power Utilities, State Electricity Boards, Rural Electric Cooperatives, NGOs and Private Power Developers

Power Finance Corporation (PFC) to issue bonus shares

August 14, 2016 0
Power Finance Corporation (PFC) to issue bonus shares
Power Finance Corporation would be offering bonus shares and has fixed August 29, 2016 as the Record Date for the purpose of issue of Bonus shares

The ratio for bonus would be 1:1 which means the company would issue one equity share for every share held in the company. The company would go ex-bonus on August 26, 2016

The stock has been trading in a 52 week range of Rs.140.40 (Feb 17, 2016) to Rs.256.60 (Nov 4, 2015). The company has posted a net profit of Rs.6113 crores for FY16 ending