record date for its 1:2 bonus share issuance set for tomorrow, January 3, KPI Green Energy shares are expected to garner significant attention in Thursday's trading session.
Therefore, the investors must purchase shares today to qualify for the aforementioned bonus issue.
“Pursuant to Regulation 42 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant provisions of the Companies Act, 2013 and Rules made thereunder, the Company has fixed Friday, January 03, 2025, as the ‘Record Date’ for determining the eligibility of Shareholders entitled for issuance of Bonus Equity Shares of the Company in the proportion of 1 (One) Equity Shares of Rs. 5/- (Rupees Five only) each for every 2 (Two) existing Equity Share of Rs. 5/- (Rupees Five only) each,” the company said in an exchange filing.
Prior to this, KPI Green Energy has issued bonus shares twice. In 2024, the company issue bonus shares in the ratio of 1:2 and in 2023, KPI Green Energy had issued bonus shares in the ratio of 1:1 to its shareholders, according to the Trendlyne data.
Also read: Nifty logs negative returns 7 times in January over 10 years; seasonality unfavourable for FIIs too
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