Shakti Pumps shareholders have until today to buy stock and qualify for a 5:1 bonus share issue. The company set November 25th as the record date, meaning anyone holding shares on that day will receive five new shares for each one they own. This marks the company’s second bonus share issuance, following a 1:1 ratio in 2011.
Sensex marginally lower in early trade, Nifty below 24,700; FMCG cos drag
The benchmark S&P BSE Sensex opened 47.34 points or 0.06% lower at 81,661.78, while the broader Nifty 50 index opened at 24,669.75, lower by 8.05