IRB Infrastructure approves bonus issue and interim dividend
IRB Infrastructure Developers announced a 1:1 bonus issue and a third interim dividend, pending shareholder approval. This strategic decision, along with consistent operational growth, could enhance investor sentiment and drive stock performance.
pre-market1 source ↓written by the desknot a recommendation
- Limited approved
- 1:1 bonus issue
IRB Infrastructure Developers Limited approved a 1:1 bonus issue and a third interim dividend at its board meeting on 13 Feb 2026. The bonus shares will be issued for every existing share held, pending shareholder approval. This move, alongside operational growth, positions the stock for potential upward momentum in the market. 📈
Not investment advice. For informational purposes only.