desk
Share_717352089.png)
The company had announced bonus shares for the first time in 2008. At the same time, today i.e. on 11 November 2024, the gift of bonus shares has been given. The company announced 2 bonus shares for one.
NMDC had given two bonus shares for one. The full name of the company is National Mineral Development Corporation. The company was started in the year 1958. It is the country's largest iron ore manufacturing company.
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.
--Advertisement--
