Greenlam Industries Limited — Dividend/Bonus, 30-01-2025: Bonus
30-01-2025 | 07:34 pm
30-01-2025 | 07:34 pm
Greenlam has announced a board meeting where it approved a bonus issue of shares at a ratio of 1:1, meaning shareholders will receive one additional fully paid-up equity share for each existing share held. This decision marks the company's 10th anniversary of listing on BSE and NSE. Additionally, the board plans to increase the authorized share capital from ₹19 crore to ₹30 crore, subject to shareholder approval via postal ballot. The record date for the bonus issue will be communicated later, with shares expected to be credited on or before March 29, 2025.
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