Focus Business Solution Announces 29:50 Bonus Share Issue, Stock Rises 3.45%
Focus Business Solution Ltd. has announced a bonus share issue with a ratio of 29:50, meaning shareholders will receive 29 bonus shares for every 50 shares held. The record date is set for July 21, with the last date to buy eligible shares being June 18. Bonus shares are to be credited by August 19. The company's stock closed 3.45% higher at Rs 150.00 following the announcement, outperforming the BSE Sensex which declined 0.61%.

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Focus Business Solution Ltd. has unveiled a generous bonus share issuance plan, boosting investor sentiment and driving its stock price higher amid a broader market decline.
Bonus Share Details
The company has announced a bonus share issue with a ratio of 29:50, which means shareholders will receive 29 bonus shares for every 50 fully paid-up equity shares they currently hold. Each bonus share will have a face value of Rs 10.00.
Key Dates for Investors
Date | Event |
---|---|
July 21 | Record Date |
June 18 | Last Date to Buy Shares (to be eligible under India's T+1 settlement cycle) |
August 19 | Bonus Shares Credit Deadline (within two months, subject to member approval) |
Market Response
The announcement was well-received by the market:
- Focus Business Solution's shares closed 3.45% higher at Rs 150.00 per share.
- This positive movement contrasted with the broader market trend, as the BSE Sensex declined 0.61% on the same day.
Implications for Shareholders
This bonus issue represents a significant opportunity for existing shareholders to increase their holdings without additional investment. It's important to note that while the number of shares will increase, the overall value of a shareholder's stake remains the same, as the stock price typically adjusts proportionately.
Investors interested in capitalizing on this bonus issue should ensure they purchase shares by June 18 to meet the eligibility criteria for the July 21 record date.
The company's decision to issue bonus shares often signals management's confidence in the firm's future prospects and its commitment to rewarding shareholders. However, investors should always conduct their own research and consider their individual financial goals before making investment decisions.
Historical Stock Returns for Focus Business Solution
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-36.70% | 0.0% | -32.18% | +7.62% | +13.41% | +10.41% |