veeram bonus share, major change in date of issue of bonus share; Know updates – stock market update veeram securities ltd announces revised record date for bonus share
will issue bonus shares in the ratio of 1:2
Bonus shares of the company will be issued on ex-date basis. One bonus share will be issued to the shareholders of the company for every two shares held. That is, the company has announced to issue bonus shares in the ratio of 1:2.
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BSE gave this information
According to information available on BSE “Trading members of the exchange are hereby informed that Veeram Securities Limited has fixed the record date for issue of bonus shares. This transaction in the equity shares of the company will be made on an ex-bonus basis from 15th October, 2022.” It has also been mentioned in the BSE notification that bonus shares will be issued on ex-bonus basis instead of the earlier fixed record date of October 14, 2022.
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The company gave this information to BSE
In informing the Stock Exchange of India regarding the change in record date for issue of bonus shares, Veeram Securities Limited said that in compliance with Regulation 42 of SEBI, the company hereby informs that for determining the shareholders eligible for issue of bonus shares, 15 October 2022 (Saturday). This date has been selected.
A fall in the company’s shares
Shares of Veeram Securities Ltd took a break on Wednesday due to a change in the record date of the bonus share issue. Shares of the company fell 4.89 percent to Rs 33.05 on BSE on Thursday. It had closed at Rs 34.75 in the previous session. In the last 6 months, Veeram Securities Limited has recorded a growth of almost 65 percent.
