BSE announces 2:1 bonus

BSE has been one of the standout multibaggers in recent times. :slight_smile:

The board has approved a 2:1 bonus issue. For every one share held, shareholders will receive two bonus shares. This is subject to approval through a postal ballot. The record date will be announced soon.

You can read the broad outcome circular here.

Tracking BSE? The bonus issue signals more upsides or has the story played out? Share your take. :smiley:


Update:

1 Like

what will happen if I have 5 shares

Hi @Himadri_Goswami , you’ll get 10 bonus shares. After the bonus issue, your total holding will become 15 shares (5 original + 10 bonus).

Btw, the value of your investment remains the same even after a bonus issue.

For example, if yu bought 5 shares at 5500 each, your total investment would be 27,500. After a 2:1 bonus issue, you would receive 10 additional shares, taking your total holdings to 15 shares. The share price would adjust to approximately 1,833.33 (27,500/15).

While the number of shares increases and the price per share adjusts, the overall value of your investment stays the same.