Bonus shares 2025, July 11 -- Multibagger small-cap stock Tourism Finance Corporation of India gained nearly 3% to hit a fresh high of Rs.293 on the BSE in intraday deals on Friday, July 11, as investors cheered the board's decision for a 1:5 bonus share issue.
At a meeting held on Thursday, July 10, Tourism Finance Corporation's board announced five free shares for every share held at no additional cost to the shareholders, making it the first-ever bonus share issue by the small-cap company.
"Board of Directors at their meeting held today have approved... sub-division/split of the existing 1 (one) equity share of the Company having face value of Rs.10/- (Rupees Ten only) each, into 5 (five) equity shares having face value of Rs.2/- (Ru...
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