BSE Ltd shares surge as board to consider bonus issue 

Market


Shares of BSE Limited surged in Tuesday’s early deals on the NSE after the stock exchange announced that its board will meet on February 8, 2022 to consider bonus issue and financial results. On the NSE, BSE Ltd shares surged more than 7% to 1,961 per share. 

“This is to inform you that, pursuant to Regulation 29(1)(a) of the Listing Regulations, a meeting of the Board of Directors is scheduled to be held on Tuesday, February 8, 2022 to inter alia, consider and approve the unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended December 31, 2021 and Limited Review Report thereon.

Further, as per Regulation 29(1)(f) of the SEBI Listing Regulations, the Board of Directors shall, inter-alia, also consider, the proposal for issue of bonus shares at the aforesaid meeting, subject to requisite approvals,” BSE said in a statement to NSE. 

BSE shares have given multibagger return in 2021 with the stock rallying over 210% in year-to-date terms whereas the scrip has leaped over 113% in six months period alone.

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