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1:1 Bonus Shares: January-3 Record Date; Buy Now To Unlock Wealth In New Year?


Published on 2024-12-29 04:40:48 - Goodreturns
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  • With a market valuation of Rs 259.74 Cr, Enser Communications shares ended the day Friday 0.25% down at Rs 298 following the companys announcement of the bonus share record date.

The article from Goodreturns discusses the announcement by the Board of Directors of a company to issue bonus shares in a 1:1 ratio, with the record date set for January 3, 2025. This means that shareholders who hold the stock by this date will receive one additional share for every share they own, effectively doubling their holdings without any additional investment. The article highlights the potential benefits of this bonus issue, suggesting that it could unlock wealth for investors in the new year by increasing the number of shares in circulation, potentially making the stock more accessible to retail investors and possibly leading to a rise in stock value due to increased demand. It advises investors to consider buying the stock before the record date to take advantage of this opportunity.

Read the Full Goodreturns Article at:
[ https://www.goodreturns.in/personal-finance/investment/1-1-bonus-shares-january-03-2025-record-date-buy-now-to-unlock-wealth-in-new-year-1396537.html ]