Subscribe To Our Free Newsletter |
NBCC board approves 1:2 bonus issue, fixes record date
The Board of NBCC has approved a 1:2 bonus share issue, granting one additional share for every two shares currently held. October 7 has been set as the record date to determine eligibility. The bonus shares will be issued from free reserves, as per the audited financial statements for March 2024, with reserves of Rs 1,959 crore available for capitalization.