IndiaMART InterMESH to consider bonus issue on April 28

IndiaMART InterMESH is set to consider issuing bonus shares to investors, subject to the approval of its shareholders, during its board meeting on April 28. Bonus shares increase stock liquidity and aim to reduce the stock price to make it more affordable for investors. IndiaMART InterMESH is one of India’s leading online B2B marketplaces with a 60% market share in the online B2B classified space, according to the Trendlyne data.