Bonus Issue of AVANTEL

Bonus Issue is one of the corporate actions where a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholder.

As per the recent BSE circular, Avantel Limited (Scrip Code: 532406) is issuing 3 bonus shares for every 1 existing share. The important dates for the Bonus Issue are as follows:

Company Name Symbol Record date Ex-Bonus basis from Date 
Avantel Limited AVANTEL 20-Jun 17-Jun

Refer: BSE circular

Share button