Shares of BSE Limited rallied nearly 5% to ₹4,675.00 on Thursday after the company announced that its Board of Directors will meet on Sunday, March 30, 2025, to consider a proposal for issuing bonus shares. The stock opened at ₹4,650.00 and touched an intraday high of ₹4,689.90, significantly up from its previous close of ₹4,474.70.
In a regulatory filing, the company stated, “A meeting of the Board of Directors is scheduled to be held on Sunday, March 30, 2025, to consider and approve the proposal for issue of bonus shares.”
Investor enthusiasm was visible in trading volumes, which crossed 12.9 lakh shares, while open interest stood at 1.77 crore. The stock has a 52-week range of ₹2,115.00 to ₹6,133.40.
According to exchange data, BSE last issued a bonus in 2022 in a 2:1 ratio, and this would mark the first such corporate action since then if approved.
The anticipation of a fresh bonus issue has driven a positive sentiment around the stock, as investors eye the potential for enhanced value and improved liquidity.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Please consult your financial advisor before making any investment decisions.
