2/9/2024, 10:01:03 am

NBCC Shares Rise After 1:2 Bonus Share Announcement

NBCC (India) shares were on the rise on Monday after the company announced bonus shares and the record date for the issue. What Happened: On Saturday, August 31, NBCC's board approved the issue of bonus shares in a ratio of 1:2, meaning the investor will get one share for every two shares they hold in the company. The board also declared October 7, Monday as the record date for the shareholding.