Stock

Redington board okays 1:1 bonus

Our Burea Chennai | Updated on July 07, 2021

The board of Redington India has approved a bonus issue of one equity share of ₹2 each for every share (1:1) held in the company. This bonus issue will be subject to the approval of shareholders and other approvals, the company informed the stock exchanges.

The record date to identify eligible shareholders to be allotted bonus shares has been fixed as August 20.

Shares of Redington (India), after rising to as high as ₹330 during intra-day on the BSE, closed at ₹316.40, up 3.38 per cent over the previous day's close.

Published on July 07, 2021

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

bonus announcement
Redington India Ltd
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.