Bonus Share Announced; Back To Back 3 Company Giving Bonus Share

KPI Green is the first company; According to information published on the exchange the company first gave a bonus share in 2023.

In February 2024, the company then gave a bonus share of two for one. The company will also give out bonus shares on 14th November.

KPI Green Energy announced in its information on the stock exchange that a board will meet on 14 November.

During this meeting, the company’s board will discuss the bonus share. The company will give the second bonus of the year if the decision is taken.

Garware Technical Fibres Ltd

The second company is Garware Technical Fibres Ltd. The company announced on the stock exchange that it was the first time the company would be giving bonus shares.

The board will decide at its meeting scheduled for November 14, 2018. The company has announced that it will be repurchasing its shares in March of 2024.

During the same period, the company also conducted a buyback four years earlier.

About the Company

The company was founded in 1976. The company is in the technical textiles industry. The company is large and operates globally.

It produces cage nets for agricultural use, fishing nets for sport, safety nets for sports, nets used in sporting activities, nets for agricultural use, ropes made of polymer, and geosynthetics.

Promoter holds 53 percent of the shares. FIIs and foreign institutional investors have been purchasing for a whole year.

In September 2023, the stake was 8.58 percent. The stake increased to 8.77 percent in December of 2023.

In March 2024, it increased to 9.34 percent. It increased to 9.55 percent in June of 2024. In September 2024, it increased to 9.82 percent.

Surya Roshni Ltd

Surya Roshni is the third company. The board meeting of the company is scheduled to take place on 14 November.

This board meeting will also decide on the bonus shares.

Quick Fact

KPI GreenDetails
First bonus2023
Latest bonusFebruary 2024
Bonus ratio (Feb 2024)2:1
Upcoming bonus date14 November 2024
Bonus decision meeting date14 November 2024
Possible second bonus 2024Yes
Garware Technical FibresDetails
Founded1976
IndustryTechnical textiles
Product examplesAgricultural, fishing, safety nets, ropes, geosynthetics
Promoter holding53%
FIIs holding (Sept 2023)8.58%
FIIs holding (Dec 2023)8.77%
FIIs holding (Mar 2024)9.34%
FIIs holding (Jun 2024)9.55%
FIIs holding (Sept 2024)9.82%
First bonus2018
Upcoming bonus meeting date14 November 2024
Upcoming repurchase dateMarch 2024
Last repurchase4 years ago
Surya RoshniDetails
Upcoming bonus decision date14 November 2024

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