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  1. BSE bonus share alert: Company's board approves issue of bonus shares in 2:1 ratio; check key details

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BSE bonus share alert: Company's board approves issue of bonus shares in 2:1 ratio; check key details

Upstox

2 min read | Updated on March 31, 2025, 09:45 IST

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SUMMARY

BSE bonus issue: The company will inform the “record date” for determining the entitlement of the shareholders to receive bonus shares in due course, it added. Shares of BSE Ltd ended 16.08% higher at ₹5,438 on the NSE on Friday, March 28.

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BSE said its net profit doubled to ₹220 crore for the three months ended December 2024 (Q3 FY25).

BSE said its net profit doubled to ₹220 crore for the three months ended December 2024 (Q3 FY25). | Image: Shutterstock

BSE bonus issue: BSE Ltd, the leading stock exchange in India, on Sunday, March 30, announced that its board has approved the issue of bonus equity shares in the ratio 2:1.

This means that the company will issue two equity shares of ₹2 each for every one full paid-up equity share of ₹ 2 each held by the shareholders of the company as of the record date, subject to the approval of shareholders through postal ballot.

The company will inform the “record date” for determining the entitlement of the shareholders to receive bonus shares in due course, it added.

Shares of BSE Ltd ended 16.08% higher at ₹5,438 on the NSE on Friday, March 28, as its counterpart, the National Stock Exchange (NSE), has deferred its plan of shifting the F&O weekly expiry day to Monday as of now.

The stock exchange took the move following the SEBI's consultation paper on the final settlement day (expiry day) for equity derivatives.

In its paper, the capital markets regulator said that the expiries of all equity derivatives contracts of an exchange will be uniformly limited to one of either Tuesdays or Thursdays.

This would provide optimal spacing between expiries across exchanges while avoiding the choice of either the first day of the week or the last day as an expiry day.

SEBI added that the exchanges will now need advance approval from SEBI for launching or modifying any contract expiry or settlement day. READ MORE

BSE Q3 FY25 Results

BSE said its net profit doubled to ₹220 crore for the three months ended December 2024 (Q3 FY25).

It posted a net profit of ₹108.2 crore in the same quarter of the preceding fiscal year, BSE said in a statement.

The exchange recorded its highest-ever quarterly revenue of ₹835.4 crore in the October- December quarter of the financial year 2024-25, a 94% jump from ₹431.4 crore logged in the same period of the preceding fiscal year.

BSE witnessed an average daily turnover of ₹6,800 crore for the quarter under review compared to ₹6,643 crore a year ago.

(With inputs from PTI)
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Upstox
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