Zonzuva Overseas Announces 5:40 Bonus Shares; Investors Get Free Stock!

Business
N
News18•20-12-2025, 18:18
Zonzuva Overseas Announces 5:40 Bonus Shares; Investors Get Free Stock!
- •Zonzuva Overseas Limited announced a 5:40 bonus share issue, meaning 5 free shares for every 40 held.
- •The bonus issue will increase the company's paid-up capital from Rs. 24.25 crore to Rs. 27.28 crore, utilizing Rs. 3.03 crore from reserves.
- •The process is targeted for completion by February 18, 2026, pending regulatory and shareholder approvals.
- •The company reported strong financial growth with a 17% increase in revenue and a 28% rise in net profit.
- •Despite the bonus announcement, the share price declined by 7% on Thursday and has shown negative returns over the past year.
Why It Matters: Zonzuva Overseas offers 5:40 bonus shares amid strong financials, despite recent stock dip.
✦
More like this
Loading more articles...




