Sky Gold’s Board has approved a bonus issue of shares in a 9:1 ratio, meaning investors will receive 9 additional shares for every share they hold. The record date for the issuance will be announced later. Bonus shares are fully paid additional shares that aim to enhance liquidity and lower the stock price.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader