BSE has been one of the standout multibaggers in recent times.
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.
Hi @Himadri_Goswami , youβll 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.