Jindal Worldwide Limited has unveiled plans to open 139 new 'Riccora' stores across India, expanding its premium textile brand presence. Additionally, the company's Board has approved a 4:1 bonus share issue, with shareholders receiving 4 new equity shares for every 1 existing share held. The record date for the bonus issue is set as February 28, 2025. This will increase the company's paid-up equity share capital from 20.05 crore shares to 100.26 crore shares.
20Feb 25
Jindal Worldwide Sets February 28 as Record Date for 4:1 Bonus Share Issuance
Jindal Worldwide Limited has declared February 28, 2025, as the record date for a 4:1 bonus share distribution. Shareholders will receive four additional shares for every one share held, potentially increasing stock liquidity and accessibility. The announcement, made in compliance with SEBI regulations, has been communicated to both NSE and BSE.