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HCL Technologies gains 2% after fixing record date for bonus issue

The company fixed December 7, as record date for the 1:1 bonus share.

HCL
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SI Reporter Mumbai
Shares of HCL Technologies climbed 2 per cent at Rs 1,135 on the BSE on Wednesday after the IT company fixed December 7 as the record date for the 1:1 bonus share. The stock will turn ex-bonus on December 5, 2019.

The board of directors of HCL Tech at their meeting held on October 23, had approved and recommended issue of one bonus share for every one equity share held by the equity shareholders of the Company.

Since October 23, HCL Tech has outpaced the market by gaining 7 per cent on the BSE. In comparison, the S&P

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First Published: Nov 27 2019 | 2:47 PM IST

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