NSE Bonus Issue: The National Stock Exchange (NSE) has recently announced a significant bonus share issue for its investors.
Shareholders will receive four additional shares for every one share they currently own. This move aims to reward existing shareholders and enhance the liquidity of NSE shares.
Key Details of the Bonus Issue
- Bonus Ratio: 4:1 (Four bonus shares for every one share held).
- Record Date: November 2, 2024. Only shareholders holding NSE shares by this date will be eligible for the bonus shares.
- Approval: This bonus issue was approved by the NSE Board in May 2024 and marks a significant development in the exchange’s shareholder engagement strategy.
Why This Matters
This bonus issue is expected to significantly boost investor sentiment and increase the liquidity of NSE shares in the market.
It is an excellent opportunity for existing shareholders to gain more value from their investments.
This move comes after NSE’s recent efforts to clear regulatory hurdles and position itself favorably for a potential Initial Public Offering (IPO) in the future.
Investors are advised to hold their shares till the record date to benefit from this offer.
