Bonus shares are additional shares a company gives to its existing shareholders free of cost, in proportion to the shares they already hold. They are issued out of the company's accumulated reserves.
Has Gretex Corporate Services issued any bonus shares?
Gretex Corporate Services's bonus share history, including bonus ratios, ex-bonus dates and record dates, is shown on this page. Any new bonus issue by Gretex Corporate Services will be updated here.
What does a bonus ratio like 1:1 mean?
A bonus ratio of 1:1 means a shareholder receives one additional share for every one share held. So if you own 100 shares, you would receive 100 extra bonus shares.
Do bonus shares change my total investment value?
No. Issuing bonus shares increases the number of shares you hold but proportionally reduces the share price, so the overall value of your investment stays broadly the same.
How can I invest in Gretex Corporate Services shares?
You can invest in Gretex Corporate Services shares by opening a free demat and trading account with Upstox and placing a buy order during market hours.