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Budget: Gail, EIL plan to issue bonus shares worth Rs 3,000 cr to govt
Gail's bonus shares to the government would be worth ₹ 2,840 crore while EIL's would be worth ₹ 99 crore, according to the revised budgetary estimates. Stock exchange filings do not show bonus issue decisions by the two companies for this year. The last time Gail issued bonus shares was in September 2022.