Gruh Finance hits record high ahead of 1:1 bonus issue

The stock hit a record high of Rs 736, up 5% on the BSE in intra-day trade today, will turn ex-bonus in the ratio of 1:1 on Wednesday, June 6, 2018

Gruh Finance hit a record high of Rs 736, up 5% on the BSE in intra-day trade on Thursday ahead of 1:1 bonus issue. The Company has fixed Thursday, June 7, 2018 as the record date for determining the entitlement of members to receive bonus equity shares of the Company in the ratio of 1:1 i.e. one new bonus equity share of Rs 2 each for every one existing equity share of Rs 2 each.

The stock will turn ex-bonus on Wednesday, June 6, 2018.

Gruh Finance outperformed the market by surging 20% since the board of directors