BSE Bonus Issue: Board Meeting Scheduled
The Bombay Stock Exchange (BSE) has announced a crucial board meeting set for March 30, 2025. During this meeting, the board will consider and potentially approve a bonus issue for shareholders. The specific details of the bonus share allocation will be determined after the meeting concludes.
In a regulatory filing to the National Stock Exchange (NSE), BSE confirmed the upcoming meeting, highlighting that the bonus issue proposal is subject to necessary approvals. The record date for the bonus issue will be communicated at a later stage following the board meeting.
Trading Window Closure and Restrictions
As per the SEBI's regulations (Prohibition of Insider Trading) 2015 and company's Internal Code for Prevention of Insider Trading, the trading window for dealing in securities of the company shall continue to remain closed from March 26, 2025, to April 1, 2025 and the designated persons associated with the company are prohibited from trading in BSE securities during this period.
There is more, trading window will be remaining closed for an additional 48 hours after the declaration of financial results. The exact date of the financial results meeting will be announced separately by the BSE Limited. These restrictions are as per with SEBI's (Prohibition of Insider Trading) Regulations, 2015, and the company's internal prevention of insider trading guidelines.
Investors and stakeholders are advised to take note of these dates and trading restrictions.