Univastu India 2:1 bonus issue: Last day to buy shares ahead of October 13 ex-date – News Air Insight

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Investors eyeing Univastu India’s upcoming bonus issue have until today to purchase shares of the company to be eligible for the 2:1 bonus issue. The company has fixed October 13 as the ex-date for the bonus shares.

This means that the shareholders owning the stock by the end of today will qualify to receive two bonus shares for every one share held.

Univastu India, an engineering, procurement, and construction (EPC) company engaged in civil infrastructure projects, has been actively involved in construction and contracting works across industrial, institutional, and commercial sectors.

The company’s latest corporate action marks its second bonus issue since listing. According to data available on Trendlyne, the previous bonus issue was announced in December 2019 in a 1:1 ratio, with the ex-date recorded as December 19, 2019, and the record date on December 20, 2019.

As per the latest information, the 2025 bonus is being issued in the ratio of 2:1, entitling shareholders to two additional shares for every one fully paid-up equity share they currently hold.


This move is expected to increase the company’s share capital in line with its ongoing corporate growth initiatives, while ensuring proportionate shareholding among investors.In terms of market performance, Univastu India’s stock has delivered steady returns over multiple time frames.The stock gained 0.75% in the past day and 9.71% over the past week. On a three-month and six-month basis, the gains stood at 8.74% and 12.53%, respectively, while over the last one year, the stock has risen 24.66%, reflecting consistent momentum in its trading activity.

The record date for the upcoming bonus issue, as announced, is October 13. Accordingly, investors purchasing shares on or after this date will not be eligible to receive the bonus allotment.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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