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Bonus Share: A small cap company in the market has announced to give bumper bonus shares to its investors. This company is Greatex Corporate Services Limited which will give bonus shares to its investors in the ratio of 8:1. This means that investors are going to get 8 bonus shares on one share of the company. This announcement of the company is good news for the investors because they are going to get bonus shares within only one year of investment.
Record date also revised
Greatex Corporate Services Limited has informed the stock exchanges in this regard. The latest update related to the bonus shares of the company is that it has revised the record date for giving bonus shares and extended it by 2 days. The record date which was earlier 11 October 2022 has been revised to 13 October 2022.
The company was listed a year ago
Greatex Corporate Services Limited was listed on the stock market on 9 August 2021 by launching IPO a year back. The newly issued shares will be credited to the investors on 31 October 2022.
The company has given information to the stock exchange
Greatex Corporate Services Limited, in a notice issued on Tuesday, told the stock exchanges that it has revised the record date for bonus shares from October 11 to October 13. Under this, bonus shares will be issued in the ratio of 8:1 and the company will issue more than 90 lakh shares.
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