Viviana Power Tech Limited has informed the Exchange about Allotment of Bonus Equity Shares
VIVIANA · price
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Viviana Power Tech Limited has informed the exchange about the allotment of bonus equity shares to its shareholders. This means the company has issued additional shares to existing shareholders free of cost, in proportion to their current holdings. The specific bonus ratio was not mentioned in the filing headline. Bonus shares increase the total share count but do not change the overall value of a shareholder's investment immediately after allotment.
Shareholders will receive additional shares at no extra cost, increasing their share quantity. The stock price typically adjusts downward proportionally on the ex-bonus date, so the total holding value remains largely unchanged in the short term.