Shares of Pidilite Industries will trade ex-bonus starting today.
PIDILITIND On Tuesday, September 23, shares of Pidilite Industries Ltd., a manufacturer of adhesives, will go on sale after being adjusted for its previously announced bonus issue.
For the bonus issue of shares that the business previously announced, today is the record date.
This implies that the bonus share issue will be available to shareholders who held Pidilite Industries shares in their demat accounts as of Monday's closure. Individuals who buy shares today will not be qualified.
Along with the release of its June quarter results, Pidilite Industries had announced a 1:1 bonus issue. Accordingly, shareholders will receive one bonus share for each share they owned on the record date.
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