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LIC 1:1 bonus share explained: What 21 lakh shareholders need to know before buying on record date
LIC has set May 29 as the record date for its maiden 1:1 bonus share issue, rewarding shareholders with one free share for each held. This move, capitalizing reserves, aims to boost liquidity. Investors must purchase shares by May 27 to be eligible for this significant corporate action.
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economictimes.indiatimes.com
LIC shares gain 6% in two sessions. Should you buy ahead of the 1:1 bonus issue?
LIC shares climbed 4% on Monday, extending gains for a second straight session and taking the two-day rally to 6%. The stock gained momentum after the insurer announced a 1:1…
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newsbytesapp.com
LIC stock surges as 1:1 bonus issue record date nears
LIC shares surged 6% over two sessions after announcing a 1:1 bonus issue, with May 29 set as the record date for shareholder eligibility.
