The National Stock Exchange Ltd. will issue four bonus shares for each stock held by eligible shareholders. The bonus shares will be issued based on necessary approvals, the company said in a statement on Friday.
The record date for the issue of the bonus shares is yet to be determined, the company said. Shareholders are yet to approve the move.
The NSE board has also announced a dividend of Rs 90 per share for the year-ended March 2024, which will be paid after shareholder approval.
The company announced distribution of Rs 4,455 crore to unitholders in the previous fiscal.
If approved by the board, the dividend will be paid to eligible shareholders on or before the 30th day of the conclusion of the annual general meeting. Additionally, it clarified that for the purpose of the dividend, the paid-up share capital before the issue of the bonus shares will be considered.
NSE Q4 FY24 Results Highlights (Consolidated, YoY)
Operating revenue up 35% at Rs 5,080 crore vs Rs 3,774 crore.
Operating Ebitda at Rs 3,610 crore vs Rs 2,762 crore (without additional contribution to core Settlement Guarantee Fund, as desired by SEBI).
Ebitda margin at 78% vs 80%.
Profit up 20% at Rs 2,488 crore vs Rs 2,067 crore.
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