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“This is further to our letters dated December 04, 2024 and January 09, 2025 intimating the approval by the members for issue of bonus shares in the ratio of 1:1. In this regard, we wish to inform that the Company has fixed Monday, January 27, 2025 as the Record Date for the purpose of determining the equity shareholders of the Company eligible for bonus equity shares of the Company,” the company said in an exchange filing.
The record date is the date set by the company to decide the shareholders who are eligible to receive the offer. To be eligible for a buyback offer, bonus issue or a stock split, the shares should be in the demat account on the record date.
Shareholders who buy the stock at least one day before the ex-date are eligible for the offers as settlement happens the next day. Those buying the stock on the ex-date are not eligible for dividends/splits/bonus issues etc.
Technopack Polymers stock performance
The shares of Technopack Polymers have seen mixed performance across different timeframes. While the stock has gained 34.83% in the last three months and 8.50% over six months, it has declined by 21.39% in the past year. The two-year performance shows a significant decline of 32.55%.
Technopack Polymers bonus history
This is the first bonus issue announced by Technopack Polymers, according to Trendlyne data.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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