Bonus Shares 1:2 ?

POSTED BY Suresh Agarwal ON July 12, 2013 3:52 pm COMMENTS (2)

Manish Sir

L & T issued bonus shares at 1:2 ratio.I have 7 shares.As per declared ratio I will get 14 more shares and I shall have overall 21 shares.Is my calculation right?Pl reply.

2 replies on this article “Bonus Shares 1:2 ?”

  1. krishnan sundar says:
    July 12, 2013 at 10:56 pm

    It is 1 bonus share for 2 shares you hold,if you have 10 shares you will get 5 as bonus (total of 15),

    If you have 7 shares you will get 3 shares as bonus.

    Reply
    1. bharat shah says:
      July 13, 2013 at 2:22 pm

      to add the above , you will get sale proceeds of your fractional (less than 1) bonus share from the company.

      Reply

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