October 31, 2016

BSE - Share Consolidated to Rs.2- Bhavikk Shah

The Board of BSE approved the consolidation of the entire authorised
and issued share capital of the Company by increasing the nominal value of
the equity shares from Re. 1 (Rupee One only) each to Rs. 2 (Rupees Two
only) each, and consequent amendments to the offer for sale scheme in
relation to their respective offered shares which shall be communicated to
the selling shareholders. 


As of Sept end 2016 the total outstanding shares of BSE was 10,73,56,344 equity shares of Face value of Re. 1 each. 


From 25 Nov 2016 it will be converted in 5,36,78,172 equity shares of Face value of Rs. 2 each. 


Simultaneous , your holding in BSE will be adjusted 


Like if you hold 1000 Shares of BSE of Face value of Re. 1 each will 

now become 500 Shares of face value of Rs. 2 each. 


Your invested capital will remain same.


MCX as on end of Sept 2016 had total outstanding share of 5,09,98,369 


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1 comment:

Anonymous said...

BSE got listed on NSE on Feb 2017 with ipo price of Rs.806 (18lots) & now will give Bonus shares in ratio of 2 new for every 1 held - record date 22 March 2022 - CMP BSE Rs.2938 per share ....