Container Corp.'s board on Thursday set the record date for its bonus issues of shares. The company has fixed July 4 as the record date for determining the eligibility of shareholders for issuance of bonus shares, a stock exchange filing said.
Under the plan, Concor will issue a new fully paid-up equity share of face value of Rs 5 each for every four held. The deemed date of allotment of Concor bonus shares will be July 7 and these shares will be made available for trading on July 8.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
The Union government owns a 54.8% stake in Concor. Over 3 lakh retail investors holding nominal share capital up to Rs 2 lakh have 4.52% equity, as per the latest shareholding data on the BSE.
Concor is a public sector undertaking that is engaged in the transportation and handling of containers. The last time the company issued bonus shares was in February 2019 in the 1:4 ratio.
The PSU has also paid two dividends in 2025 — an interim dividend of Rs 4.25 in February and a final dividend of Rs 2 in June.
Shares of Concor settled 2.51% lower at Rs 726.5 apiece on the BSE ahead of the announcement, compared to a 0.1% decline in the benchmark Sensex.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.