Veerkrupa Jewellers bonus shares, stock split: The Board of Veerkrupa Jewellers has approved the issuance of Bonus Shares in the ratio of 2 bonus shares for every 3 existing shares to shareholders, as well as the split of 1 (one) equity share with a value of Rs. 10/- (Rupees Ten) each into 10 (Ten) equity shares with a value of Rs. 1 per share.
Currently the shares can be bought and sold in a lot of 2000 equity shares per lot. So if a person is holding 1 lot of Veerkrupa jewellers, they are entitled to get 1332 bonus shares on each lot which adds up to 3332 shares.
These 3332 shares will then undergo a 1:10 split resulting in 33,320 shares in the investors Demat account.
Considering the huge quantity of shares per lot after the split & bonus, the board has decided to reduce the lot size to 100 shares per lot post record date of 24th February, 2023.
