Surya Roshni share price surges 10% ahead of record date for 1:1 bonus share issue
2 weeks, 1 day ago

Surya Roshni share price surges 10% ahead of record date for 1:1 bonus share issue

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Bonus shares: Shares of Surya Roshni, a prominent smallcap stock, saw a remarkable 10 per cent surge in intra-day trade on Tuesday, December 31, amidst a generally weak market mood. Surya Roshni has fixed Wednesday, January 1, 2025, as the ‘Record Date’ to determine the eligibility of its shareholders for the issuance of bonus shares in a 1:1 ratio. This corporate action marks a significant milestone for Surya Roshni as this is the first bonus share issue by the company. Stock Price Performance and Trends Ahead of the record date of the bonus issue, Surya Roshni's stock price surged by 10 per cent, reaching an intra-day high of ₹616.80.

History of this topic

Bonus stock: Steel pipes maker JTL Industries declares 1:1 bonus issuance in Q1 results
1 year, 5 months ago

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