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Specialized agricultural seed company Indo US Biotech Limited has made a big announcement. The company is going to give bonus shares to its investors. Indo US Biotech Limited (Indo US Bio Tech) is offering bonus shares to investors in the ratio of 1:1. That is, the company will issue 1 bonus share for every share held. Indo US Biotech has gifted bonus shares to its investors twice.
The company has revised the record date of bonus shares
Indo US Biotech Limited (Indo US Bio Tech) has revised the record date of bonus shares. The agricultural seed company had earlier fixed Friday, August 25, 2023, as the record date for issuing bonus shares. The company has now extended the record date of bonus shares till August 29, 2023. The company had earlier issued bonus shares in the ratio of 1:4 in April 2019 and 1:5 in November 2021.
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Shares of the company have gained 523% in 1 year
Shares of Indo US Bio Tech Ltd have gained tremendous momentum over the past one year. Shares of the company on August 30, 2022 on the Bombay Stock Exchange (BSE) traded at Rs. 88.20, which on August 24, 2023 on BSE was Rs. 550 has been reached. Shares of Indo US Bio Tech have returned 523% to investors over the past one year. At the same time, in the last 2 years, the company’s shares have jumped by 880%. Shares of Indo US Bio Tech are up 267% so far this year.
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