Shares of defence-related companies like Paras Defence, Garden Reach Shipbuilders, Data Patterns, Cochin Shipyard, Mazagon Dock Shipbuilders, and Hindustan Aeronautics rallied on Monday, amid heightened tensions at the Line of Control (LoC) following the recent Pahalgam terror attack and multiple ceasefire violations over the weekend.
Finance Ministry eases rules for bonus share issue by companies in FDI-barred sectors
The finance ministry has amended rules, effective June 11, 2025, allowing Indian companies in restricted FDI sectors to issue bonus shares to existing non-resident shareholders,