These 3 companies can announce bonus, stock split. details here

The respective boards of select listed companies may declare bonus of shares and stock split In a few weeks. As per the latest communication from 3 companies – IPCA Laboratories, Hinduja Global Solutions and SBC Exports have informed the Indian stock market exchanges that they are going to discuss stock bonus or stock split in their upcoming board meeting.

1]IPCA Laboratories: This Indian multinational pharmaceutical company based in Mumbai has not announced any bonus yet, but the board of this company has approved the stock split in 1:1 and fixed January 11, 2022 as the record date for the stock split. Is.

IPCA Lab Management in its latest communication with BSE informed about the stock split development, “As per Regulation 42 of SEBI (Listing and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of the Company has taken place today. In their meeting, it has been decided to fix Tuesday, January 11, 2022, as the ‘record date’ for the members of the sub-divided shares. Each fully paid-up equity share of Rs. Sub-divided into 2 fully paid-up equity shares of Rs.1/- as per resolution passed by the members of the company in the Extraordinary General Meeting held on 2021.

2]Hinduja Global Solutions: The IT company has not announced any share split decision, but has informed exchanges about its mood to announce potential share bonus and interim dividend.

The IT services management company in its latest communication with the Indian exchanges spoke about the possibility, “It is informed that a meeting of the Board of Directors of Hinduja Global Solutions Limited will be held on Thursday, January 6, 2022, inter- Also, to consider the proposal for declaration of interim dividend, if any, and bonus issue of equity shares for the financial year 2021-22.

3]SBC Export: The Ghaziabad-based company has informed Indian exchanges about possible discussions on issue of bonus shares and divestment of equity shares of the company in its board meeting scheduled on January 7, 2022.

SBC Exports Management in its latest communication to the Indian Exchanges informed and said, “We would like to inform you that the meeting of the Board of Directors of the Company will be held on Friday, January 7, 2022 at 4.00 PM at short notice of the Company. In order to transact at the Corporate Office of the Company i.e. 49/95 Site-IV Sahibabad Industrial Area Ghaziabad, Uttar Pradesh-201010, inter alia, considering and approving the following business: 1. In the authorized share capital of the Company Increase and thereafter change the Memorandum of Association of the company 2. To change the articles of association of the company, if any, to issue bonus shares by way of capitalization of reserves 3. Recommendation of issue of bonus shares and to approve the equity shareholders of the company; 4. to consider the division of the equity shares of the company; and 5. to discuss any other business with the permission of the Chairman.

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