The board of directors of UPL is scheduled to meet on Friday to consider and take on record the audited standalone and consolidated financial results of the company for the year ended March 31, 2019, dividend on equity shares, and issue of bonus shares. If approved, it would be the second bonus issue from the company. In 2008, it had rewarded its shareholders with 1:1 bonus shares. Apart from the results, shareholders will closely monitor the bonus pronouncements.
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