Shakti Pumps once again announced bonus shares after the year 2011. It was approved in the board meeting. The board meeting of SHAKTI PUMPS was held on 7 October. The decision on bonus shares was taken in this board meeting. The company will give 5 bonus shares for one. FIIs have bought shares heavily. The share was 0.77 percent in March 2024. At the same time, it has increased to 2.32 percent in June 2024. DII i.e. domestic institutional investors had a share of 8.68 percent in March 2024. At the same time, the share has fallen to 6.85 percent in the June quarter.

In the information released on the exchange, the company said that the decision on the record date will be taken after the approval of the shareholders.

What does Shakti Pump do? It manufactures various types of submersibles, from domestic to industrial. The share has increased by 300 percent from January to September. The share has increased by 400 percent in one year. The share has increased by 500 percent in three years. What is a bonus share, what is the benefit to investors from this?  Bonus share: When a company gives shares to investors for free, it is called a bonus share. Investors get bonus shares in a special ratio. If the company gives a bonus of 5:1, it means that you will get 5 bonus shares for every 1 share. Although the equity capital increases after the bonus issue, 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.