The shares of BSE Limited were trading at ₹5,454.25 down by ₹25.55 or 0.47 per cent on the NSE today at 10.25 am.
BSE Limited, one of India’s leading stock exchanges, approved a 2:1 bonus share issue during its board meeting on Sunday, March 30, 2025. The company will issue two new equity shares for every one share held by existing shareholders, subject to approval through postal ballot.
Related Stories
Raymond inks JV to develop ₹5,000-cr housing project in Mumbai
Raymond did not mention the name of the landowner with whom it has signed the JDA
The bonus shares, valued at approximately ₹54.93 crores, will be issued from the company’s Capital Redemption Reserves and General Reserve available as of December 31, 2024. BSE plans to credit these shares to eligible shareholders within two months of the board approval, by May 29, 2025.
Following the bonus issue, BSE’s paid-up capital will increase from ₹27.07 crores divided into 13.53 million equity shares to ₹81.22 crores divided into 40.61 million equity shares, each with a face value of ₹2.
Related Stories
Ola Electric registers 23,430 units in March amid strong demand
Ola Electric said it has also started deliveries of its Gen 3 portfolio in March 2025 and has ramped up production in March
The board will announce the record date for determining shareholder eligibility in due course.
Additionally, the board approved the reappointment of KFin Technologies Limited as the company’s Registrar and Share Transfer Agent for another three years, effective December 18, 2024.
According to the company’s unaudited financial results, BSE had ₹414.06 crores in general reserves and ₹2,141.63 crores in retained earnings as of December 31, 2024. These figures were reviewed by the company’s statutory auditors and approved by both the Audit Committee and the Board on February 6, 2025.
Related Stories
Vizag Steel Plant: Centre, AP Govt to team up for an action plan
The discussions primarily focused on the developments following the NDA government’s approval of a financial package for the Vizag Steel Plant and the necessary measures to be taken
