BSE’s share price nosedived 66% to Rs 2,395 at the opening bell on Friday. However, this sharp fall is not a cause for concern. The decline is a technical adjustment following the stock turning ex-bonus. The price has been revised to reflect the issuance of bonus shares, which are now being accounted for in the trading session. This means shareholders will soon see the additional bonus shares credited to their demat accounts, balancing out the price drop.
The company fixed May 23, 2025, as the record date to determine the eligible shareholders for the issuance of bonus shares.
“This is further to our intimation dated May 9, 2025, informing the Shareholders approval for issue of Bonus Shares in the ratio of 2:1 i.e. 2 (Two) new fully paid-up Equity Shares of Rs 2/- each for every 1 (One) existing fully paid-up Equity Share of the Company. In this regard, we wish to inform that the Company has fixed Friday, May 23, 2025, as the Record Date for determining the eligibility of shareholders for issuance of Bonus Shares,” the company had said.
Therefore, the shareholders who would have bought shares on May 22 will be entitled to receive bonus shares in the ratio of 2:1, due to the T+1 settlement. This means that for every one share held, the company will issue two new fully paid-up equity shares of Rs 2 each.
The new bonus shares will be available to trade starting the next working day, i.e., Tuesday, May 27. According to the company’s announcement, the deemed date of allotment for the bonus shares is Monday, May 26.
BSE Q4 results
The exchange recorded a net profit jump of 4.6 times year-on-year to Rs 494 crore in Q4 FY25, compared with Rs 107 crore in Q4 FY24. Its revenue from operations rose 75% YoY to Rs 847 crore. Following the robust quarterly performance, the company’s board recommended paying out a special dividend of Rs 5 to celebrate the 150th year of BSE and also a regular dividend of Rs 18. The total dividend payment comes to Rs 23 per share.
BSE’s stock performance
The share price of BSE has fallen 5% in the past week. However, the stock has risen 8.66% in the last one month and raised investors’ wealth by 49% in the previous six months. BSE’s share price has given a whopping 168% return in the last one year.