Infosys gives bonus shares to mark 25 years of listing
"The Board has recommended the issue of 1 bonus share for every equity share held to celebrate the 25th year of the company s public listing in India and further increase liquidity of its shares " said the city-based IT major in a regulatory filing on the BSE after trading hours.
The company has also decided to give a stock dividend of one American Depository Share (ADS) for every ADS held to mark the occasion.
The company s blue-chip scrip of Rs 5 face value gained Rs 14.50 at the end of Friday s trading on the BSE to close at Rs 1 309.10 per share as against Thursday s closing rate of Rs 1 294.50 and opening price of Rs 1 310.
The scrip also touched a high of Rs 1 331.15 and a low of Rs 1 300.15 during the intra-day trading sessions.
--IANS fb/mr