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HomeMarket News2 For 1 Bonus Alert: BSE to issue two free shares for every one held by shareholders
BSE Bonus issue: This is the second instance since the company's listing back in 2017 that the board considered a bonus issue of shares.
By Meghna Sen March 30, 2025, 5:30:34 PM IST (Published)
The board of BSE Ltd. has recommended the issue of two free shares for every one share held by its shareholders as on the record date. BSE made the announcement on Sunday, March 30.
This is the second instance since the company's listing back in 2017 that the board considered a bonus issue of shares.
Record date for the proposed bonus issue is yet to be determined.
Earlier, Asia's oldest stock exchange had issued two bonus shares to shareholders for every one share that they held (2:1) back in 2022.
Since its listing, BSE has paid dividends worth over ₹170 per share, and also carried out buybacks of its equity shares, once in 2019 and the other in 2023.
"We will not run behind derivative market share. However, there should be a spread between 2 expiries," BSE MD & CEO Sundararaman Ramamurthy told CNBC-TV18 in a recent interaction.
"No probability can ever be ruled out; however, ascribing a high or low percentage to it is very difficult at this point," the BSE MD and CEO said when asked about whether BSE will shift its options expiry date in response to NSE's move.
Shares of BSE Ltd. closed 16.09% higher on Friday at ₹5,438. The stock is flat so far in 2025.
