L & T Bonus Shares

chachi

Active Member
#2
Hi Rafi,

This news is old friend, dated 28-08-2006. Refer to NSE site under corporation announcements http://www.nseindia.com/marketinfo/companyinfo/eod/announcements.jsp?symbol=LT the news says...

"Larsen & Toubro Limited has informed the Exchange that at the AGM of the Company held on August 25, 2006, Members have approved issue of Bonus shares in the ratio of 1:1 (i.e. one share for every one share held). Accordingly, the Company has further informed that Septemeber 29, 2006 has been fixed as the Record date in order to determine the members entitled to receive the aforesaid Bonus Shares."

Regards
chachi
 

chachi

Active Member
#4
Hi Swagat,

ONGCs proposal is for 1:2 bonus...read here..today is the AGM...

news dated 26-07-2006

"Oil & Natural Gas Corpn Ltd has informed the Exchange that the Board in its meeting held on July 26, 2006, have decided to recommend to the shareholders for issue of Bonus Shares by capitalization of reserves in the ratio of 1:2 i.e. one bonus share each for two equity shares held. This recommendation will be placed before the AGM for shareholders approval."

Regards
Chachi
 

swagat86

Active Member
#5
Hi Swagat,

ONGCs proposal is for 1:2 bonus...read here..today is the AGM...

news dated 26-07-2006

"Oil & Natural Gas Corpn Ltd has informed the Exchange that the Board in its meeting held on July 26, 2006, have decided to recommend to the shareholders for issue of Bonus Shares by capitalization of reserves in the ratio of 1:2 i.e. one bonus share each for two equity shares held. This recommendation will be placed before the AGM for shareholders approval."

Regards
Chachi
ok. Thanks for the correct information
 
#6
Does anyone know when will these shares be credited to my account ? In general how much time it takes for the bonus shares to be credited for any scrip ?
 

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