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Jubilant FoodWorks, Emami turn ex-bonus in ratio of 1:1

At 02:36 pm; Emami was trading 1% lower at Rs 529, while Jubilant FoodWorks down 0.4% lower at Rs 1,357, falling 2% from its early morning trade on BSE.

SI Reporter  |  Mumbai 

Jubilant FoodWorks, Emami trade ex-bonus for 1:1 bonus issue

Shares of restaurant company and personal products firm have turned ex-in the ratio of 1:1 today.

The board of directors of and at their respective board meetings, have announced issue of shares in the ratio of 1:1 i.e. 1 equity share for every 1 equity share held as on the

has fixed Friday, June 22, 2018, while fixed Saturday, June 23, 2018 as the record date, for the purpose of determining the list of equity shareholders of the company, who will be entitled for issue and allotment of equity shares.

At 02:36 pm; Emami was trading 1% lower at Rs 529, after hitting a low of Rs 518 on the in intra-day trade. Jubilant FoodWorks was trading 0.4% lower at Rs 1,357, falling 2% from its early morning high of Rs 1,384 on the On comparison, the S&P Sensex was down 0.25% at 35,548.

Post bonus announcements, shares of Emami have underperformed the market by falling 5% against 1% rise in the benchmark index. Jubilant FoodWorks however, outperformed the Sensex by gaining 4%.


First Published: Thu, June 21 2018. 14:45 IST
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