Indian-GRAPEVINE-Logo
  • Home
  • Politics
    Indian-GRAPEVINE-dr-jitendra-singh-reviews-preparations-for-sardar-patelss-150th-birth-anniversary-sardar150-commemor

    Dr. Jitendra Singh reviews preparations for Sardar Patels's 150th birth anniversary 'Sardar@150' commemoration campaign, oversees district-level coordination in J&K

    Indian-GRAPEVINE-modi-government-is-committed-to-using-the-potential-of-cooperative-sector-to-realize-the-vision-of-a

    Modi Government is committed to using the potential of Cooperative sector to realize the vision of Aatmanirbhar Bharat and strengthening the Blue Economy

    Indian-GRAPEVINE-piyush-goyal-to-brussels-2728-october-2025

    Piyush Goyal to Brussels, 27–28 October 2025

    Indian-GRAPEVINE-prime-ministers-participation-in-the-22nd-asean-india-summit-in-kuala-lumpur

    Prime Minister’s participation in the 22nd ASEAN-India Summit in Kuala Lumpur

    Indian-GRAPEVINE-rajnath-singh-urges-armed-forces-to-never-underestimate-adversaries-and-remain-alert--ready-always

    Rajnath Singh urges Armed Forces to never underestimate adversaries and remain alert & ready always

  • Bureaucracy
    Indian-GRAPEVINE-four-ies-officers-of-2007-batch-elevated-to-sag

    Four IES officers of 2007 batch elevated to SAG

    Indian-GRAPEVINE-14-ips-officers-get-new-portfolios-in-delhi

    14 IPS officers get new portfolios in Delhi

    Indian-GRAPEVINE-manish-gupta-designated-as-ambassador-to-ireland

    Manish Gupta designated as Ambassador to Ireland

    Indian-GRAPEVINE-shri-gaurav-dayal-ias-assumes-charge-as-chairperson-of--jawaharlal-nehru-port-authority

    Shri Gaurav Dayal, IAS, Assumes Charge as Chairperson of Jawaharlal Nehru Port Authority

    Indian-GRAPEVINE-seven-ips-officers-shifted-in-mp

    Seven IPS officers shifted in MP

  • Corporate
    Indian-GRAPEVINE-rupee-rises-5-paise-against-us-dollar

    Rupee rises 5 paise against US dollar

    Indian-GRAPEVINE-sebi-proposes-to-ease-geo-tagging-requirement-for-nri-clients

    Sebi proposes to ease geo-tagging requirement for NRI clients

    Indian-GRAPEVINE-hdfc-bank-shares-end-flat-post-q2-earnings

    HDFC Bank shares end flat post-Q2 earnings

    Indian-GRAPEVINE-ntpc-vidyut-vyapar-nigam-begins-process-to-renew-india-bangladesh-power-purchase-agreement

    NTPC Vidyut Vyapar Nigam begins process to renew India-Bangladesh power purchase agreement

    Indian-GRAPEVINE-rupee-falls-13-paise-to-hit-all-time-low-of-8881-against-us-dollar

    Rupee falls 13 paise to hit all-time low of 88.81 against US dollar

  • International
    Indian-GRAPEVINE-us-president-trump-says-he-will-resolve-pak-afghan-conflict-very-quickly

    US President Trump says he will resolve Pak-Afghan conflict ‘very quickly”

    Indian-GRAPEVINE-putin-commands-nuclear-drills-as-summit-with-trump-hangs-in-balance

    Putin commands nuclear drills as summit with Trump hangs in balance

    Indian-GRAPEVINE-nepal-pm-karki-meets-political-leaders-to-discuss-general-elections

    Nepal PM Karki meets political leaders to discuss general elections

    Indian-GRAPEVINE-uk-royals-pm-keir-starmer-lead-diwali-greetings-in-uk

    UK royals, PM Keir Starmer lead Diwali greetings in UK

    Indian-GRAPEVINE-nepal-president-paudel-urges-officials-security-chiefs-to-enhance-peoples-confidence-for-upcoming-po

    Nepal President Paudel urges officials, security chiefs to enhance people’s confidence for upcoming polls

  • Interview
    Indian-GRAPEVINE-interview-with-chairman-vpa-dr-madhaiyaan-angamuthu-ias

    Interview with Chairman VPA Dr. Madhaiyaan Angamuthu, IAS.

    Indian-GRAPEVINE-exclusive-interview-with-shri-unmesh-sharad-wagh-irs--chairman-jnpa

    Exclusive Interview with Shri Unmesh Sharad Wagh, IRS Chairman, JNPA

    Indian-GRAPEVINE-exclusive-interview-with-shri-sanjay-sethi-ias-chairman-jnpt

    Exclusive Interview with Shri Sanjay Sethi, IAS, Chairman, JNPT

  • Contact Us
    Indian-GRAPEVINE-Logo
  • Home
  • Politics
  • Bureaucracy
  • Corporate
  • International
  • Interview
  • Contact Us
Bureaucracy

NBCC Board Recommends Bonus Share in 1:2 Ratio

Indian-GRAPEVINE-nbcc-board-recommends-bonus-share-in-12-ratio

Published 01 Sep, 2024

By Staff Reporter


The Board of Directors of NBCC (India) Limited in its meeting held on 31.08.2024 has recommended the issuance of Bonus Shares to the Shareholders of the Company in the ratio of 1:2 i.e. 1 (One) new fully paid-up Equity Share of ₹ 1/- (Rupees One Only) each for every 2 (Two) existing fully paid-up Equity Share of ₹ 1/- (Rupees One Only) each to the eligible Shareholders of the Company as on Record Date, subject to the approval of the Shareholders in the forthcoming Annual General Meeting. This decision reflects the Company’s strong financial health and its commitment to rewarding its shareholders. The Board has also fixed Monday, October 07, 2024 as Record date to determine the eligibility of members to receive bonus shares.

The eligible shareholders, whose names appeared in the Register of Shareholders or the List of Beneficial Owners maintained by the Depositories as of August 31, 2024, will receive these bonus shares. Consequently, the paid-up equity share capital of the company will increase from Rs. 180,00,00,000 to Rs. 270,00,00,000. The newly allotted bonus shares will hold equal status with the existing shares. They will be directly credited to the shareholders' demat accounts.

The Company has a balance of Rs. 1,959 Crore being reserves & surplus available for capitalization as per Audited Financial Statements on March 31, 2024.

On this occasion, Shri K.P. Mahadevaswamy, CMD, NBCC said, "The decision to recommend a bonus issue is a testament to the robust performance and sound financial position of NBCC India Limited. The Company has also achieved highest ever turnover, business development and profit for the Financial Year 2023-2024. This initiative aims to enhance shareholder value and demonstrates our dedication to our investors. We believe that this initiative will further strengthen the confidence of our shareholders and reflect our ongoing commitment to creating value."

The last bonus that NBCC (India) had announced was in 2017 in the ratio of 1:2.

NBCC with its robust order book of over Rs. 81,300 Crore and a strategic focus on redevelopment, PSU Land Monetization, Real Estate development, Overseas Expansion and PMC works, is well positioned to contribute towards a “Vikshit Bharat”.



YOU MAY LIKE
Indian-GRAPEVINE-four-ies-officers-of-2007-batch-elevated-to-sag
Bureaucracy / 25 Oct, 2025
Four IES officers of 2007 batch elevated to SAG
Indian-GRAPEVINE-14-ips-officers-get-new-portfolios-in-delhi
Bureaucracy / 25 Oct, 2025
14 IPS officers get new portfolios in Delhi
Indian-GRAPEVINE-manish-gupta-designated-as-ambassador-to-ireland
Bureaucracy / 25 Oct, 2025
Manish Gupta designated as Ambassador to Ireland
Indian-GRAPEVINE-shri-gaurav-dayal-ias-assumes-charge-as-chairperson-of--jawaharlal-nehru-port-authority
Bureaucracy / 24 Oct, 2025
Shri Gaurav Dayal, IAS, Assumes Charge as Chairperson of Jawaharlal Nehru Port Authority
Indian-GRAPEVINE-seven-ips-officers-shifted-in-mp
Bureaucracy / 24 Oct, 2025
Seven IPS officers shifted in MP
Indian-GRAPEVINE--ips-officers-reshuffled-in-rajasthan
Bureaucracy / 24 Oct, 2025
IPS officers reshuffled in Rajasthan
  • Top News
  • Latest News
  • Most Popular
Indian-GRAPEVINE-ms-radhika-jha-designated-as-joint-secretary-women--child-development
Bureaucracy / 15 Sep, 2025
Ms Radhika Jha designated as Joint Secretary, Women & Child Development
Indian-GRAPEVINE-mansoor-hasan-khan-designated-as-joint-secretary-youth-affairs
Bureaucracy / 15 Sep, 2025
Mansoor Hasan Khan designated as Joint Secretary, Youth Affairs
Indian-GRAPEVINE-46-officers-elevated-as-pcit-in-irs-i-t
Bureaucracy / 15 Sep, 2025
46 officers elevated as PCIT in IRS I-T
Indian-GRAPEVINE-jawahar-lal-designated-as-cvo-mmtc
Bureaucracy / 15 Sep, 2025
Jawahar Lal designated as CVO, MMTC
Indian-GRAPEVINE-upgraded-posting-of-amitesh-kumar-singh-to-additional-secretary-level-prolonged
Bureaucracy / 13 Aug, 2025
Upgraded posting of Amitesh Kumar Singh to Additional Secretary level prolonged
Indian-GRAPEVINE-six-ias-officers-shifted-in-hp
Bureaucracy / 12 Aug, 2025
Six IAS officers shifted in HP
View All
Indian-GRAPEVINE-sumit-sharan-empanelled-as-adg-in-goi
Bureaucracy / 16 Jun, 2025
Sumit Sharan empanelled as ADG in GoI
Indian-GRAPEVINE-saurabh-tripathi-empanelled-as-adg-in-goi
Bureaucracy / 16 Jun, 2025
Saurabh Tripathi empanelled as ADG in GoI
Indian-GRAPEVINE-sanjay-kumar-gunjyal-empanelled-as-adg-in-goi
Bureaucracy / 16 Jun, 2025
Sanjay Kumar Gunjyal empanelled as ADG in GoI
Indian-GRAPEVINE-neelesh-kumar-empanelled-as-adg-in-goi
Bureaucracy / 16 Jun, 2025
Neelesh Kumar empanelled as ADG in GoI
Indian-GRAPEVINE-raghubir-lal-empanelled-as-adg-in-goi
Bureaucracy / 16 Jun, 2025
Raghubir Lal empanelled as ADG in GoI
Indian-GRAPEVINE-ashok-tiwari-is-also--dgp-himachal-pradesh
Bureaucracy / 02 Jun, 2025
Ashok Tiwari is also DGP, Himachal Pradesh
View All
Indian-GRAPEVINE-vijay-kumar-empanelled-as-adg-in-goi
Bureaucracy / 16 Jun, 2025
Vijay Kumar empanelled as ADG in GoI
Indian-GRAPEVINE-abhin-dinesh-modak-empanelled-as-adg-in-goi
Bureaucracy / 16 Jun, 2025
Abhin Dinesh Modak empanelled as ADG in GoI
Indian-GRAPEVINE-ayush-mani-tripathi-empanelled-as-adg-in-goi
Bureaucracy / 16 Jun, 2025
Ayush Mani Tripathi empanelled as ADG in GoI
Indian-GRAPEVINE-maheshwar-dayal-empanelled-as-adg-in-goi
Bureaucracy / 16 Jun, 2025
Maheshwar Dayal empanelled as ADG in GoI
Indian-GRAPEVINE-abhijit-sinha-appointed-as-additional-secretary-mha
Bureaucracy / 19 Apr, 2025
Abhijit Sinha appointed as Additional Secretary, MHA
Indian-GRAPEVINE-n-saravana-kumar-appointed-as-vice-chairman-dda
Bureaucracy / 19 Apr, 2025
N Saravana Kumar appointed as Vice Chairman, DDA
View All

SUBSCRIBE

Website Hits: 374178557

Indian-GRAPEVINE-Logo

Copyright © 2017 Indian Grapevine a unit of Integrated Media Enterprises