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Bonus Share: Multibagger Inox Wind share price gained more than 5% on Thursday as company’s Board of Directors proposed issuance of bonus shares of 3:1.
Inox Wind in its release on the exchanges said that “Board of Directors of the company at its meeting held on 25th April 2024 has proposed the issuance of bonus shares of 3:1 (three bonus equity shares for every one existing equity share) out of the accumulated reserves of the company”
The shareholders whose names appear in the Register of Members as of the “Record Date” will be issued the Bonus shares.
(more to come)
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Published: 25 Apr 2024, 02:12 PM IST
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