Bonus shares-When a company gives shares to investors for free, it is called bonus shares. Investors get bonus shares in a specific ratio. After the bonus issue, the equity capital increases, but there is no change in the face value. Due to no change in the face value, the investor benefits from it in the future in the form of higher dividends.
The first company is Sky Gold. The company's stock continues to rise. It has given a return of 40 percent in a month and 350 percent in a year. Sky Gold informed the exchange that a board meeting will be held on bonus shares on Saturday, October 26, 2024. The company's market cap is Rs 5000 crore.
The second company is Siyaram Silk Mills - told on the exchange that the board meeting on bonus shares will be held on Saturday 26 October 2024. The market cap of the company is Rs 2440 crore.
The third company is Linc Ltd. The company's stock has fallen. The stock has fallen by 20 percent in one year. The company's board meeting will be held on October 29. A decision will be taken on bonus shares along with share split.
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