The country’s largest oil refiner IOC said its board has recommended the issue of bonus shares in the ratio of 1:2—one new bonus equity share of ₹10 each for every two existing equity shares of ₹10 each fully paid.
However, the company fixed record date as 1st,July, 2022.
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IOC Bonus 2022 Details
|Announcement Letter||Click here|
IOC Important Dates
|Ex-Bonus Date||Update soon|
What is Record date?
Record Date is the date set by the company under which the investor must own shares by that date, to be eligible for a bonus ( 01-07-2022 ).
How does the Indian Oil Bonus issue work?
How to check eligibility for IOC bonus?
Bonus shares are available to all shareholders who possess shares of the company before the ex-date, which is established by the company.