Meghna Infracon Infrastructure Ltd — Dividend/Bonus, 18-06-2025: Corp. Action
18-06-2025 | 08:30 am
18-06-2025 | 08:30 am
Meghna Infracon Infrastructure Limited has announced a board meeting to fix the record date for the allotment of bonus equity shares in a 1:1 ratio, issuing one fully paid Rs. 10 share for every existing fully paid Rs. 10 share held. The bonus shares will be credited by capitalizing the securities premium account, free reserves, or other permitted reserves. This move increases the paid-up capital and rewards shareholders by effectively doubling their shareholding without additional investment, enhancing potential liquidity and market participation.
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