Jindal Worldwide Limited — Dividend/Bonus, 07-01-2025: Bonus
07-01-2025 | 07:09 pm
07-01-2025 | 07:09 pm
The Board has convened a meeting and proposed to increase the Authorized Share Capital and alter the capital clause of the Memorandum of Association. A bonus issue of equity shares has been suggested at a ratio of 4:1, meaning shareholders will receive four new fully paid-up equity shares of ₹1 each for every existing share held, with issuance coming from free reserves and/or securities premium. The record date will be communicated separately, and the bonus shares are expected to be credited by March 6, 2025. Pre-bonus paid-up share capital stands at ₹20.05 crore, which will rise to ₹100.26 crore post-bonus.
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