1:2 Bonus issue announcement: Back-to-back upper circuit low price penny stock, company announces bonus issue! 1:2 Bonus issue announcement: Back-to-back upper circuit low price penny stock, company announces bonus issue! The bonus issue scheme entails the allocation of one additional equity share having a face value of Rs 1 each for every 2 equity shares valued held as of a specified record date. Rakesh Deshmukh / Sunday, May 12, 2024 0 1937 Article rating: 4.7 The bonus shares will be sourced from the company's profit reserves, and the company possesses adequate free reserves, meeting the prerequisites for the bonus issue. Read more