Sundaram Finance Bonus Issue has been announced by the company. In an announcement made by the company to the stock exchanges, the board members of Sundaram Finance has recommended bonus issue in the ratio of 1:1 ( 1 bonus share for every 1 equity share held).
Sundaram Finance Bonus Issue is cheered by the markets with the stock zooming over 6.5 per cent. Sundaram Finance Bonus Issue Record date is not yet known and will be announced soon, after the approval from the stock holders. Investors can stay invested and looks like the share will hit higher levels in the coming weeks. Do check back later for updates on Sundaram Finance Bonus Issue.
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