Infosys issues Rs 574.23 crore worth bonus shares
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Infosys has announced it has dispensed 114.84 crore bonus shares worth Rs 574.23 Crore."...the Board of Directors allotted 114,84,72,332 equity shares each aggregating Rs 574,23,61,660...as fully paid-up bonus shares in the ratio of 1 equity share for every 1 equity share held" Infosys said in a
The shares were issued to shake holders whose names appear on the register of members or beneficiaries as on June 16 this year.
The company had announced 1:1 equity bonus in April. Shareholders now have twice the number of shares they had earlier.
(Image credit: Indiatimes)
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