Bonus stock: Allcargo Logistics shares trade ex-date

Allcargo Logistics bonus record date 2023, Allcargo Logistics bonus share ex-date: Allcargo Logistics shares traded ex-bonus on Tuesday, January 2, 2024, according to the NSE website. 

Earlier, the logistics company set January 2, 2024, as the record date for the issue of bonus shares in the ratio of 3:1.

What does the bonus ratio mean?

A 3:1 bonus means that existing shareholders will get three bonus—or free—shares for every single share they hold. The record date is the last date for determining the existing shareholders who will be eligible for the corporate action announced earlier.

Allcargo Logistics bonus history

Source: NSE

Allcargo Logistics

Allcargo Logistics shares have lost nearly 80 per cent of their value in the past year, and nearly 70 per cent in six months alone. 

Catch the latest stock market updates here. For all other news related to business, politics, tech and auto, visit Zeebiz.com.