Bharat Electronics Ltd allots 487,31,85,886 bonus equity shares

The Allotment committee of Board of Directors of Bharat Electronics Ltd has in its meeting held on 19th September, 2022, approved the proposal for the allotment of 487,31,85,886 (Rupees Four Hundred Eighty-Seven Crores Thirty-One lakhs & Eighty-Five Thousand Eight hundred and Eighty-Six only) Bonus Equity Shares of Re. 1 each to the shareholders of the company who have held shares as on record date (i.e 16th September, 2022) in the ratio of 2:1 (i.e. Two bonus equity shares for every One equity share held)

Source : Equity Bulls

Keywords

BharatElectronics BonusShares Allotment 2For1