IEX - Turns Ex-Bonus Today: ICICI Direct

IEX - Turns Ex-Bonus Today: ICICI Direct

A financial trader monitors data on computer screens on the trading floor. (Photographer: Jasper Juinen/Bloomberg)  

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

Indian Energy Exchange Ltd. made an announcement on bonus shares on October 21, 2021. The ratio was two bonus share for every one equity shares, 2:1.

The record date for the same is December 6, 2021 while the ex-date for the same is today, December 3, 2021.

Consequently, Indian Energy Exchange’s share price, as per yesterday's closing price, has adjusted to Rs 249/share from Rs 747/share.

Click on the attachment to read the full report:

ICICI Direct IEX Quick Comment.pdf
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