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Power Grid Board approves bonus issue of 1:3 and final dividend

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Capital Market

At meeting held on 17 June 2021

The Board of Power Grid Corporation of India at its meeting held on 17 June 2021 approved final dividend of Rs 3 per share. The Board also recommended issue of bonus shares in the ratio of 1:3 ( i.e. one new equity bonus share of Rs 10 each for every 3 existing equity shares of Rs 10 each fully paid up).

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First Published: Jun 17 2021 | 8:03 PM IST

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