INSUBCONTINENT EXCLUSIVE:
Shares of Ashok Leyland appeared to halve in value on Wednesday, showing a drop of nearly 51%, falling from Rs 250.85 to Rs 123.95, a move
that may have startled many investors
July 16, following the company's decision to issue one bonus share for every one share held
The record date for the bonus issue is also July 16, meaning shareholders who held the stock as of the close on Tuesday are eligible to
receive the additional shares.The company's shares had closed at Rs 250.85 on Tuesday, July 15
intimation dated July 7, 2025, informing the Shareholders approval for issue of Bonus Shares in the ratio of 1:1 i.e
said in an exchange filing.
Live EventsDespite the fall in per-share price, investors have not lost any value
The total worth of their holdings remains the same, though the number of shares will double once the bonus shares are credited
For example, a shareholder who held 20 shares worth Rs 4,000 at Rs 200 apiece will soon hold 40 shares valued at roughly Rs 100 each,
preserving the overall portfolio value.However, the bonus shares have not yet been credited into demat accounts, the deemed allotment is
Committee has fixed Wednesday, July 16, 2025, as the record date for determining the eligible shareholders for allotment of Bonus Shares
Further, in accordance with SEBI circular dated September 16, 2024, the deemed date of allotment of Bonus Shares shall be Thursday, July 17,
2025, and these Bonus Shares will be made available for trading on the next working day of allotment i.e
2 lakh in share capital, who collectively held 9.38% of the company
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