Anmol India Board Approves Issue of Bonus Shares: Get 4 Shares Free for Every 1 Share Held
SUMMARY:
Anmol India has announced that it will be issuing bonus shares, giving investors 4 free shares for every 1 share held.
DETAILS:
– Anmol India’s board has approved the issue of bonus shares.
– When a company issues free shares to its investors, it is called a bonus share.
– Investors receive bonus shares in proportion to the number of shares they already hold.
– Anmol India is issuing bonus shares in the ratio of 4:1, meaning that investors will receive 4 bonus shares for every 1 share held.
– This means that if an investor has 1 share, they will receive an additional 4 bonus shares, making a total of 5 shares.
– Bonus shares are given to investors at no extra cost.
– The bonus shares are being issued at a face value of Rs. 10 per share.
This move by Anmol India is expected to boost investor confidence and increase the liquidity of its shares. With bonus shares being issued, investors will see an increase in the number of shares held, which can lead to increased dividends and capital gains in the long term.
Follow DelhiBreakings on Google News
Superfast News Coverage by DelhiBreakings.com team.
For Superfast national news and Delhi Breaking Stories visit us daily at https://delhibreakings.com