From mint · Sharmila Bhadoria · · 50s
Bosch stock split and bonus issue
Bosch shares split 1:5 and issue 3:1 bonus, turning 1 share into 20 after 38% rally.
In brief
Bosch shares split 1:5 and issue 3:1 bonus, turning 1 share into 20 after 38% rally. Bosch Limited will turn 1 share into 20 shares following a 1:5 stock split and 3:1 bonus issue after an 8.41% weekly gain. Originally reported by mint.
Bosch stock split
Bosch approved a 1:5 stock split, turning one share into five shares with face value of ₹ 2 each.
Bosch bonus issue
Bosch approved a 3:1 bonus issue, giving three additional shares for every existing share.
How 1 share becomes 20
After stock split, 1 share becomes 5 shares; bonus issue adds 15 shares, totaling 20 shares.
Share price trend
Bosch shares closed 0.44% higher at ₹ 50,990 with 38.47% annual return.
Record date
Record dates for stock split and bonus issue not yet notified by Bosch.
The key point
Bosch Limited will turn 1 share into 20 shares following a 1:5 stock split and 3:1 bonus issue after an 8.41% weekly gain.
