Indraprastha Gas Limited — Important, 29-01-2025: General Updates

The Bonus Issue Committee of Indraprastha Gas Limited has set the record date for the issuance of 70 crore bonus equity shares in a 1:1 ratio, meaning shareholders will receive one new bonus equity share for each existing share held. The revised deemed date of allotment is now Saturday, February 1, 2025, allowing for trading of the bonus shares starting Monday, February 3, 2025. Shareholders should expect these shares to be credited to their accounts by the next working day following the record date. This strategic move can enhance liquidity and potentially attract more investors, reflecting positively on the company's growth trajectory. Investors should monitor this development closely for its impact on share performance.