KBC Global Share Price: KBC Global Ltd., a Nashik-based construction and real estate development company, has announced a 1:1 bonus share issue, meaning shareholders will receive one additional equity share for every share held. This initiative aims to enhance shareholder value and reflects the company’s commitment to its investors.
Key Details of the Bonus Issue:
- Bonus Ratio: 1:1 (One additional share for every existing share held)
- Record Date: April 4, 2025
- Ex-Bonus Date: March 28, 202
- The bonus shares will be issued from the company’s permissible reserves, including the Free Reserves, Securities Premium Account, and Capital Redemption Reserve, as of March 31, 2024. A total of ₹261.43 crore will be utilized for this purpose. The company’s current share capital stands at ₹261.43 crore, consisting of an equal number of equity shares of ₹1 each, which will increase to ₹522.87 crore post the bonus issue.
Important Dates:
- Ex-Bonus Date: March 28, 2025
- Record Date: April 4, 2025
The ex-bonus date is when the stock starts trading without the value of the upcoming bonus shares. Shareholders who purchase the stock on or after this date will not be eligible for the bonus shares. The record date determines which shareholders are entitled to receive the bonus shares based on their holdings as of that date.
KBC Global Share Price: KBC Global Limited is currently trading at around 0.98.After the Record Date, the value of the share is likely to fluctuate.
This bonus issue marks KBC Global Ltd.’s first since August 2021, when a 4:1 bonus was declared.
Shareholders are advised to ensure their holdings are settled before the ex-bonus date to be eligible for the bonus shares. For the most accurate and up-to-date information, please refer to official communications from KBC Global Ltd. or consult your financial advisor.
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