IFL Enterprises Ltd recommends 1:5 bonus issue

The Board of directors of IFL Enterprises Ltd has considered and recommended a bonus issue in the ratio of 1:5 i.e. 1 (One) New Bonus Equity Share for every 5 (Five) existing fully paid up Equity Shares of Rs 1/- each, subject to approval by the members and any other applicable statutory and regulatory approvals through postal ballot. Further, the bonus shares will be credited to those members who are holding the equity shares as on a Record Date i.e. November 17, 2023.

Source : Equity Bulls

Keywords

IFLEnterprises BonusIssue 1For5