BSE Ltd shares surge as board to consider bonus issue

 

• BSE shares surges after the exchange announced that its board will meet in February to consider bonus issue and financial results

    

      Shares of BSE Limited surged today after the exchange announced that its board will meet on February 8 to consider bonus issue and financial results. On NSE, BSE Ltd shares surged 7% to ₹1961 in early trade. 

"This is to inform you that, pursuant to Regulation 29(1)(a) of the Listing Regulations, a meeting of the Board of Directors is scheduled to be held on Tuesday, February 8, 2022 to inter alia, consider and approve the unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended December 31, 2021 and Limited Review Report thereon.

Further, as per Regulation 29(1)(f) of the SEBI Listing Regulations, the Board of Directors shall, inter-alia, also consider, the proposal for issue of bonus shares at the aforesaid meeting, subject to requisite approvals," BSE said in a statement to NSE.