Shares of C Mahendra Exports will turn ex-bonus on Thursday. The leading diamantaire and jewellery maker of India, is rewarding its shareholders with a 1:1 bonus issue. Investors buying the shares from Thursday will not receive the bonus shares. The move will benefit about 11,150 individual shareholders, who control 18.91 per cent stake in it. Cresta Fund, Elara Opportunities Fund and LTS Investment Fund have sizeable stakes in the firm.
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