FMCG major ITC is planning to issue bonus shares in the ratio of one share for every equity share held. It is also planning to double its authorised share … After the Bonus issue on 3rd of August 2010, on the ratio 1:1, Number of Shares You have – 2940 + 2940 = 5880 Shares. ITC Ltd.'s profit misses estimates, Q2 PAT declines 20% to Rs 3,232 cr Net sales fell 3.81% to Rs 11,098.24 crore in Q2 September 2020 over Q2 September 2019. The solar Investment Tax Credit (ITC) is one of the most important federal policy mechanisms to support the growth of solar energy in the United States. A bonus issue is considered positively by investors as it shows that the company is confident about its future earnings. ITC had declared a bonus issue of one share for every two shares held while announcing its March quarter results last week.That apart, it has declared a final dividend of Rs 8.5 per share (including a special dividend of Rs 2 per share) for the current fiscal. On the 28th of February, 2020 we will finalize them for the season. • To be eligible for the 30% ITC, a solar PV system must have commenced construction on or before December 31, 2019. “The board has recommended issue of bonus shares in the proportion of 1 bonus share of Rs 1 each for every existing 2 fully paid-up ordinary shares of Rs 1 each,” ITC said in a statement. ITC said it will issue one bonus share for two existing shares. Financial Year : Subject : Bonus Issue : Type : Bonus Issue : Description : Bonus Issue of 626,000,000 new ordinary shares in Greatech Technology Berhad ("Greatech Technology") ("Greatech Technology Share(s)") ("Bonus Share(s)") on the basis of one (1) Bonus Share for every one (1) existing Greatech Technology Share held as at 5:00pm on 8 January 2021 ("Entitlement Date") ("Bonus Issue") Bonus Issues-Find the complete list of companies issue with bounus, Corporate action, bonus declared by companies shares and other stock market news and updates at The Financial Express During the day, ITC’s scrip surged upwards to an all-time high of Rs 299.70, before closing at Rs 294.20. And the closing ITC Share Price on the 3rd of January 2020 was 238.50 INR. ITC moved higher by 4% to Rs 337 on the BSE after the cigarette maker announced a bonus issue in a ratio of 1:2. ITC Ltd. on Thursday said it will offer higher dividend payouts for the ongoing financial year compared to the previous three fiscals. Incidentally, ITC will complete 100 years in August 2010. India’s largest cigarette manufacturer, in a statement on its website, said its dividend payout policy from FY20 over the next few fiscal years is expected to be 80-85 percent of its net profit—higher than the nearly 69 percent average over last three years. ITC posted 5.7% year-on-year (Y-o-Y) growth in net profit at Rs 2,495 crore, on back of 9.5% YoY jump in net sales in Q4FY16. After the Bonus issue on 1st of July 2016, on the ratio 1:2, Number of Shares You have – 5880 + 2940 = 8820 Shares. energy are also eligible for the ITC but are beyond the scope of this guidance.) The bonus issue is a centenary gift to the shareholders, the company said in a media statement issued after the board meeting held in Kolkata on Friday. 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