Bonus shares are given to shareholders without needing any additional payments. Instead of cash, the bonus shares are distributed as a dividend in the form of shares.
On July 2nd, Oil India will distribute bonus shares in a 1:2 ratio. This means for every 2 shares you hold, you'll get 1 bonus share.
Another bonus bonanza! Also on July 2nd, GPT Infra will be giving out bonus shares in a 1:1 ratio. You'll get 1 extra share for every share you own.
Remedium Lifecare is going big with a 3:1 bonus ratio on July 6th. That means for every 1 share you hold, you'll get a whopping 3 bonus shares!
Remedium Lifecare is going big with a 3:1 bonus ratio on July 6th. That means for every 1 share you hold, you'll get a whopping 3 bonus shares!
A bonus issue’s main advantage is that it allows investors to hold more shares without having to make further financial commitments.