NBCC, a Navratna Central Public Sector Enterprise, informed exchanges on August 31 that the Board of Directors has recommended issuing Bonus Shares to shareholders at a 1:2 ratio, i.e., one new fully paid-up equity share of Rs 1 each will be issued for every two existing fully paid-up equity shares of Rs 1 each, to the eligible members of the Company as on Record Date.
The record date to determine the eligibility of shareholders for the bonus shares has been set for October 7, 2024.
