The Bombay Stock Exchange (BSE) witnessed a significant surge in its share price, soaring over 5.3% during Thursday’s trading session. This spike followed the announcement that the BSE Board intends to deliberate on the issuance of bonus shares on March 30. By 10 a.m., BSE stock was valued at ₹4,720 per share, a notable increase from the previous day’s closing price of ₹4,474.
What Are Bonus Shares?
Bonus shares are a strategic move by companies to improve stock liquidity and lower share prices, making them more affordable for investors. These shares are offered at no additional cost to current shareholders, enhancing their overall investment value.
- Current Share Price: ₹4,720 (up from ₹4,474)
- Bonus Share Consideration Date: March 30
- Trading Window Closure: March 26 to April 1
BSE’s Upcoming Board Meeting
The BSE has yet to confirm the record date for the bonus shares. In a regulatory announcement, the exchange stated, “Following our prior communication on March 26, we will hold a meeting on March 30 to review and potentially approve the bonus share proposal, pending necessary approvals.”
The exchange also highlighted that its trading window will be closed for all securities transactions from March 26, 2025, to April 1, 2025, including both dates. This closure adheres to the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company’s internal guidelines aimed at preventing insider trading.
Important Dates to Note
- Trading Window Closure: March 26, 2025, – April 1, 2025
- Post-Closure Trading Period: Closed until 48 hours after financial results are disclosed
BSE further emphasized that the specific date for the Board Meeting will be communicated later. All designated personnel within the company have been advised against trading in the company’s securities during the designated closure period.
This anticipated move by BSE aligns with its commitment to enhancing shareholder value while ensuring compliance with regulatory standards. The announcement has generated positive sentiment among investors, reflecting confidence in the exchange’s future growth.
