What is Bonus Share? With Example - Wipro Bonus Shares

What is Bonus share? Should we Invest in Bonus share for short term returns. Wipro Bonus share 2024 details and record date #bonusshare #investing #sharemarkettips
A bonus issue is often meant to reward shareholders while also increasing market liquidity for their shares.
Wipro Bonus Share Issue 2024
The company's board approved a 1:1 bonus share, which is one equity share with a face value of Rs 2 for every one fully paid-up equity share owned by the company's eligible equity shareholders as of the record date.
Wipro Bonus Share Record Date
The company' board has approved has fixed Tuesday, December 3, 2024 as the record date for the purpose of determining the equity shareholders of the company.
Wipro Bonus Share Credit Date
The company has said that bonus shares will be credited/dispatched within two months following board approval, which is December 15, 2024. The credit date is the day when bonus shares are credited to qualifying shareholders' demat accounts.

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