Shares of LG Balakrishnan & Bros will turn ex-bonus on Thursday. The company is rewarding its shareholders with one bonus share for each share held. To become eligible to receive the bonus shares, investors must buy the company’s shares by Wednesday. This is the third bonus issue from the Coimbatore-based company after 2003 and 2014. The company had also considered, approved and recommended a dividend of ₹4.50 a share of ₹10 for FY ended March 2018.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.