Infosys Technologies Ltd has allotted over 27 crore bonus shares to the shareholders in the ratio of 1:1.
The Board allotted over 27.68 crore shares of Rs 5 each amounting to about Rs 138 crore as bonus shares in the ratio of one share for every equity share held, the IT major informed the Bombay Stock Exchange.
{{^htLoading}} {{/htLoading}}
The shares were allotted to those shareholders whose name appear on the Register of Members / Register of Beneficiaries as on July 14, it added.
At the AGM held last month the company had received shareholders nod for the 1:1 bonus issue.
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
Advertisement
{{/htLoading}}{{#usCountry}}