 "NBCC")
NBCC (India) dipped 9% to Rs 175 on the BSE in intra-day trade after the stock turned ex-bonus in the ratio of 1:2.
The board state-owned construction & engineering company on January 4, 2017 recommended the issue of bonus shares in the ratio of 1:2 i.e. 1 bonus share of Rs 2 each on every existing 2 fully paid-up equity shares of Rs 2 each.
The company has fixed February 21, 2017 as the record date for the purpose of issue of ascertaining the eligibility of shareholders for issuance of bonus shares.
Since January 4, the stock
The board state-owned construction & engineering company on January 4, 2017 recommended the issue of bonus shares in the ratio of 1:2 i.e. 1 bonus share of Rs 2 each on every existing 2 fully paid-up equity shares of Rs 2 each.
The company has fixed February 21, 2017 as the record date for the purpose of issue of ascertaining the eligibility of shareholders for issuance of bonus shares.
Since January 4, the stock
