BPCL bonus share is a way for investors to receive additional shares as a reward for their investment. BPCL, or Bharat Petroleum Corporation Limited, is a leading oil and gas company in India that has a history of rewarding its shareholders with bonus shares.
Investors who hold shares of BPCL are eligible to receive bonus shares, which are issued at no additional cost to the investor. This is a great way for long-term investors to increase their stake in the company and potentially earn more dividends.
The bonus share ratio is typically determined by the company's board of directors and is usually announced in advance. In the past, BPCL has issued bonus shares in ratios such as 1:1, 1:2, or 1:3, where for every one share held, the investor receives one or more additional shares.
BPCL Financial Performance
BPCL Financial Performance was quite impressive in the fourth quarter of 2011-12.
The company's net profit jumped over four-fold to Rs.3,962.83 crore, a significant increase from the Rs.935.18 crore reported in the same period of the previous fiscal.
Sales also saw a substantial rise, reaching Rs.65,080.34 crore in the fourth quarter of 2011-12, up from Rs.45,755.55 crore in the same period of the previous fiscal.
The company's net profit for 2011-12 was Rs.1,311.27 crore, compared to Rs.1,546.68 crore in the previous fiscal.
BPCL's turnover increased to Rs.2,13,674.75 crore from Rs.1,53,260.81 crore for the same period.
The company's profit after tax (PAT) increased by 34 per cent to Rs.50 crore for the full fiscal.
For the entire year, the turnover was Rs.1,003.5 crore, and PAT was Rs.75.1 crore.
The company's consolidated financials showed a revenue of Rs.674.4 crore in Q4, a 32 per cent increase from the corresponding quarter of 2010-11.
The profit after taxation (PAT) rose by 31 per cent to Rs.60.4 crore in Q4.
The company's PAT for the full fiscal was Rs.73.7 crore, up from Rs.52.6 crore in the previous fiscal.
BPCL's dividend for the previous year was Rs.8.75, and the company recommended a final dividend of 75 paise per equity share for the year ended March 31, 2012.
Corporate News
Bharat Petroleum Corporation Ltd (BPCL) has announced a 1:1 bonus issue of equity shares. The bonus ratio is 1:1, meaning one bonus share of Rs. 10 will be issued for every one existing equity share of Rs. 10 held.
The record date for this bonus issue is June 22, 2024. This means that only shareholders who own shares as of this date will be eligible for the bonus issue.
Trading members of the exchange have been informed about the bonus issue. The transactions in the equity shares of BPCL will be on an Ex-Bonus basis from June 21, 2024.
The purpose of this bonus issue is to issue one bonus equity share for every one existing equity share held. This will effectively double the number of shares owned by each shareholder.
Here is a summary of the key dates for the bonus issue:
Note that these dates are subject to change, and shareholders should check with the company or their broker for the most up-to-date information.
Frequently Asked Questions
What is the record date for BPCL bonus shares 2024?
The record date for BPCL bonus shares 2024 is June 22, 2024. This date marks the deadline for shareholders to be eligible for the bonus issue.
What is the ex-dividend date of BPCL 2024?
The Record Date for BPCL's 2024 final dividend is Friday, 9th August 2024. The ex-dividend date is likely to be the business day immediately following the Record Date.
Sources
- https://economictimes.indiatimes.com/topic/bpcl-bonus-issue-record-date
- https://www.indiainfoline.com/news/companies/bharat-petroleums-bonus-share-issuance-last-day-to-qualify
- https://urjadaily.com/bpcl-reports-record-profit-plans-bonus-shares-final-dividend/
- https://www.indiainfoline.com/company/bharat-petroleum-corporation-ltd/corporate-action/bonus
- https://www.thehindu.com/business/companies/11-bonus-from-bpcl-fourth-quarter-net-profit-zooms/article3456365.ece
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