TVS Motor bonus share: Two-wheeler maker announces issuance of preferential bonus shares in 4:1 ratio
TVS Motor bonus share, TVS Motor bonus news: TVS Motor Company's board approved the scheme of arrangement between TVS Motor and its shareholders for the issuance of cumulative non-convertible redeemable preference shares (NCRPS) amounting to around Rs 1,900 crore.
Four NCRPS of Rs 10 each fully paid up of the company will be given for every one equity share of Rs 1 each fully paid up held as on the record date by the shareholder. Image | Freepik