1 min read.Updated: 24 Jun 2022, 10:35 AM ISTLivemint
Indian Oil Corporation (IOC) has has recommended issue of bonus shares in the ratio of 1:2
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Oil marketing company Indian Oil Corporation (IOC)'s board of directors has recommended issue of bonus shares in the ratio of 1:2, i.e, for every two existing shares investors hold, one new bonus equity share will be issued. The Board has fixed next week, Friday, July 1, 2022 as record date to determine the eligibility of shareholders to receive bonus shares.