BPCL recommends 1:1 bonus issue

The Board of directors of Bharat Petroleum Corporation Limited (BPCL) has recommended issue of Bonus Shares in the ratio of 1:1 i.e. one new bonus equity share of Rs. 10/- each for every one existing equity shares of Rs. 10/- each fully paid up subject to the approval of shareholders through Postal Ballot. The Board has fixed Saturday, 22nd June 2024 as Record date to determine the eligibility of shareholders to receive bonus shares.

The Bonus Shares shall rank pari passu in all respects and carry the same rights as the existing equity shares of the Company.

Shares of Bharat Petroleum Corporation Limited was last trading in BSE at Rs. 620.70 as compared to the previous close of Rs. 604.05. The total number of shares traded during the day was 280793 in over 5599 trades.

The stock hit an intraday high of Rs. 624.40 and intraday low of 603.70. The net turnover during the day was Rs. 173304578.00.

Source : Equity Bulls

Keywords

BharatPetroleumCorporation INE029A01011 BPCL BonusIssue 1For1