Bonus Issue To Watch This Week — Container Corp. of India
The board of Container Corp. proposed to issue the bonus shares in the ratio of 1:4 at face value of Rs 5 per share.
Container Corp. of India's bonus issue of shares is set for the upcoming week, with the record date for the same scheduled as July 4, 2025.
The record date is vital to decide which shareholders will receive the bonus shares. The date is announced in advance, and only those who hold the shares in their demat account as of this record date will be eligible for the bonus allotment.
Container Corp. Bonus Issue Details
The board of Container Corp. proposed to issue the bonus shares in the ratio of 1:4 at A face value of Rs 5 per share. The record date to determine the eligible shareholder is set for July 4.
Under India's T+1 settlement cycle, investors must buy the shares at least one trading day before the record date to be eligible. This means that purchases made on the record date itself will not reflect in the demat account in time.
Q4 Earnings Highlights
Container Corp.'s revenue slipped by 1.6% to Rs 2,281.37 crore for the quarter ended March 31, 2025, as compared to Rs 2,317.63 crore for the same period in the previous fiscal 2024.
The company's net profit rose to Rs 302.14 crore, up 3% for the fourth quarter of the financial year 2025 from Rs 294.54 crore in the year ago period.
