HDFC AMC announces bonus issue for shareholders
after close1 source ↓written by the desknot a recommendation
- in capital redemption
- ₹520 cr
- from its securities
- ₹7.6 bn
- in dividends
- ₹336 per share
HDFC Asset Management Company has announced a bonus issue funded from ₹520 cr in capital redemption reserves and ₹7.6 bn from its securities premium account. This move reflects the company's strong performance and commitment to rewarding shareholders, having distributed ₹336 per share in dividends since 2019. 📈
This bonus issue may enhance shareholder sentiment and attract new investors, reinforcing HDFC AMC's growth narrative.
Not investment advice. For informational purposes only.