Asia's First Stock Exchange Declares 2:1 Bonus Shares: How High BSE Can Go?

The Bombay Stock Exchange (BSE) was the first exchange group in Asia and one of the top exchange groups in India when it was founded in 1875. The bourse, also referred to as BSE, was founded in 1875 as "The Native Share & Stock Brokers' Association." The BSE became India's first listed stock exchange in 2017. The most extensively followed stock market benchmark index in India is the BSE's well-known equity index, the BSE SENSEX. In addition to the major exchanges of the BRCS countries (Brazil, Russia, China, and South Africa), it is traded worldwide on the EUREX. The company declared bonus shares during the board meeting held on March 30, 2025.

BSE Bonus Shares

This is to inform that the Board of Directors of the company at its meeting held on Sunday, March 30, 2025 inter-alia, considered and approved the "Issue of Bonus equity shares in the ratio 2:1 i.e. 2 (Two) equity shares of Rs 2/- each for every 1 (One) full paid-up equity share of Rs 2/- each held by the Shareholders of the Company as on the Record Date, subject to the approval of Shareholders through Postal Ballot. The Company will inform the "Record Date" for determining the entitlement of the Shareholders to receive Bonus Shares in due course," said BSE in a stock exchange filing.

27,46,52,718 equity shares of Rs 2/- each amounting to Rs 54,93,05,436/- is the total of securities proposed to be issued or the total amount for which the securities will be issued as a part of bonus issue by BSE.

Within 2 months from the date of Board approval i.e. on or before May 29, 2025 is the estimated date by which such bonus shares would be credited/dispatched according to the stock exchange.

BSE News

"As per the SEBI (Prohibition of Insider Trading) Regulations, 2015 and Company's Internal Code for Prevention of Insider Trading, the 'Trading Window' for dealing in securities of the Company will remain closed from Wednesday, March 26, 2025, till Tuesday, April 1, 2025 (both days inclusive). Further, as per the SEBI (Prohibition of Insider Trading) Regulations, 2015 and Company's Internal Code for Prevention of Insider Trading, the trading window for dealing in securities of the Company shall continue to remain closed from Tuesday, April 1, 2025, till 48 hours after declaration of the financial results. The date of the Board Meeting in this regard shall be intimated separately. Accordingly, all Designated Persons of the Company have been informed not to trade in the securities of the Company during the aforesaid period of closure of Trading Window," confirmed BSE in a regulatory filing.

BSE Share Price Target

"BSE Ltd. is exhibiting strong bullish momentum, indicating overall strength in the stock. With the price sustaining above key moving averages and witnessing a significant surge in volumes, the uptrend remains intact. We anticipate the stock to achieve near-term targets of Rs 5900 - Rs 6000, with the potential to reach a new all-time high as the rally extends. The technical structure supports continued bullishness, making it a favorable candidate for further upside," commented Riyank Arora, Technical Analyst at Mehta Equities Ltd.

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