New Delhi, March 6 -- Vantage Knowledge Academy share price hit 5% upper circuit on Thursday after the company announced the allotment of bonus shares. Vantage Knowledge Academy shares were locked at Rs.44.60 apiece on the BSE.

The company had previously approved a bonus issue in a 2:1 ratio, granting two additional shares for every one share held by existing shareholders.

Vantage Knowledge Academy bonus share record date was February 5. It means only those shareholders who held the stock as of this record date are eligible for the bonus share allotment.

On February 6, Vantage Knowledge Academy allotted the bonus shares to the eligible shareholders, in accordance with the approved ratio.

"...the Board of Directors of Vantage Knowledge...