Chemical stock jumped before bonus share announcement Do you have?

Bonus Share 2022: The Board of Directors of Insecticides India Limited is going to consider and approve the Bonus Shares in its meeting to be held on 20th August 2022. However, the chemical stock has risen ahead of the bonus share announcement due tomorrow. Insecticides India share price today opened up and reached intraday high The 1,040 level rose nearly 2 percent within minutes of the opening bell.

inform the Indian Share Market The Exchange on Bonus Share Development, Insecticides India Ltd. said, “In accordance with Regulation 29 of SEBI (Listing and Disclosure Requirements) Regulations, 2015, it is to inform that a meeting of the Board of Directors of Insecticides (India) Ltd. will be held on Saturday, 20th August, 2022, inter alia, for consideration of the proposal for issue of bonus shares to the equity shareholders of the Company, subject to the approval of the shareholders.”

“It is further informed that the internal code of conduct for prevention of insider trading in dealing with the securities of the Company and relevant provisions of SEBI (IIL’s Code of Conduct for Regulating, Monitoring and Reporting of Trading by Specified Persons) In accordance with (Prohibition of Insider Trading) Regulations, 2015, as amended from time to time, the trading window shall remain closed with effect from 12th August, 2022 till the expiry of 48 hours from the date of declaration of information regarding bonus.”

Pesticides India Share Price History

The shares of Pesticides India have given great returns to its shareholders in 2022. In year-over-year (YTD) time, this chemical stock has risen from approx. 720 to 1,020 level, approaching 40 per cent appreciation in 2022. Over the past six months, the stock has gained about . has grown from from 640 1,020 each level, registering an increase of about 60 percent over this time.

cost price of bonus shares

If the bonus share is issued after 31st January, 2018, its cost price will be treated as nil, whereas in case of bonus share issuance on or before 31st January 2018, its cost price will be considered as the closing price of the stock as on 31st January 2018. Will go

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