Multibagger stock in focus as share trades ex-bonus today. Details here

livemint.com:

Bonus shares 2023: Kamdhenu Ventures shares are one of the multibagger stocks that Indian stock market has produced in 2023. This small-cap stock has delivered to the tune of 120 per cent return to its shareholders.

However, there is one more stock market news for Kamdhenu Ventures shareholders because the small-cap stock is in focus today. The stock is trading ex-bonus today.

The board of directors of the small-cap multibagger stock has declared issuance of bonus shares in 1:1 ratio, which means one bonus share will be issued for every one share held by the eligible shareholder of the company. The small-cap company informed Indian stock market bourses about issuance of bonus shares citing, "Subject to the approval of Shareholders and such other regulatory and governing authorities including the National Stock Exchange of India Limited and BSE Limited (“Stock Exchanges"), as may be required and in accordance with the provisions of the Companies Act, 2013 and the rules made thereunder and Chapter XI of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, (“SEBI ICDR Regulations") and other applicable laws, regulations, the Board of Directors has considered, approved and recommended a Bonus Issue of 1 (One) Bonus Equity Share (fully paid‐up) of Rs.

5/‐ each for every 1 (One) existing Equity Shares of Rs. 5/‐ each, held by the Shareholders in the Company, as on the record date." Later on the company informed Indian exchanges about the bonus shares record date citing, "In continuation to our earlier letter no.