V Marc India shares adjusted for a 5:1 bonus issue on Tuesday. The stock appeared to drop significantly due to this adjustment. In reality, the share price saw a notable increase after accounting for the bonus shares. This bonus issue marks the company's first distribution of free shares. Ace investor Ashish Kacholia holds a substantial stake in the cable maker.

V March India in May announced that its board of directors have considered and approved the plan to issue bonus shares in the ratio of 5:1. This means that an eligible shareholder…

V March India, backed by ace investor Ashish Kacholia, is offering a lucrative 5:1 bonus share reward

V Marc India shares adjusted for a 5:1 bonus issue on Tuesday. The stock appeared to drop significantly due to this adjustment. In reality, the share price saw a notable increase…