Pidilite Industries, known for Fevicol, and Time Technoplast are set for bonus share issuances, with today as the last day to buy shares to qualify. Both companies announced a 1:1 bonus, rewarding shareholders with an extra share for each held. This move increases outstanding shares, reduces price per share, boosts liquidity, and signals financial strength, potentially attracting more retail investors.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets