Kalind Ltd Announces Bonus Shares and Stock Split Kalind Ltd has announced a bonus share issuance and a stock split for its shareholders. The company will issue bonus shares in a 2:1 ratio, meaning shareholders will receive two additional shares for every one they hold. The stock split will divide each 10 rupee face value share into five parts, reducing the face value to 2 rupees per share. These changes are set to take effect this week, with the record date for both announcements fixed at July 24. The bonus share issuance is part of the company’s strategy to reward investors, while the stock split aims to make shares more accessible to a broader range of investors. The record date for the bonus shares is also July 24, ensuring that shareholders holding shares on that date will be eligible for the bonus. Share performance data indicates that Kalind Ltd’s stock has experienced a decline in recent months. On the previous trading day, the stock closed at 82.23 rupees, reflecting a drop of over 1% from the previous week. Over the past three months, the share price has fallen by 18%. However, the stock has delivered significant returns over longer periods. For instance, investors holding the stock for one year have seen a 422% increase in value, while those holding it for five years have achieved a 9689% return. The stock’s historical performance highlights its volatility. Over two years, the stock has generated a 5345% return, and over three years, the return has surged to 8838%. Even over a decade, the stock has delivered an astronomical 48,270% increase in value. These figures underscore the company’s growth trajectory despite recent short-term fluctuations. Kalind Ltd also announced a dividend payment in 2025, distributing 1 rupee per share.#live_hindustan #tanu_pratap_singh #kalind_ltd #ram_mandir_bhoomi_pujan #2024_lok_sabha_elections
