They could have chosen the bonus issue and that is the best way to reward the shareholders according to my limited knowledge about the markets.
Also I had some shares and applied to the issue but not in equal proportion as a bonus issue. The greatest beneficiary in such a case is inevitably the largest shareholder of the company when every other one fails to contribute.
A lot of big names have given up on sandur manganese after they announced the steel plant during 2021-22 stage.
Disclosure Not invested in both
Subscribe To Our Free Newsletter |