Univastu India Limited has informed the Exchange about Record date for bonus issue
UNIVASTU · price
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Awaiting price reaction for this filing.
Univastu India Limited has informed NSE about the record date for its upcoming bonus issue. Shareholders who hold shares in their demat accounts on the record date will be eligible to receive the bonus shares. The exact bonus ratio and the record date itself are not mentioned in the headline and would need to be checked in the full filing. A bonus issue rewards existing shareholders by issuing them additional free shares based on their current holdings.
Eligible shareholders will receive extra shares at no extra cost, though the overall value of their holding remains the same. The event is generally viewed positively as it signals management confidence and can improve liquidity in the stock.