GOIL has announced a Bonus Issue in a ratio of 0.2 new shares for every one (1) existing share held; following its approval by shareholders of the company at its AGM held on the 25th July, 2013.
The qualifying date has been set for Monday, 9th December, 2013. Also for the purposes of trading on the exchange, the Ex-Bonus date is Thursday, 5th December, 2013. (This means investors buying GOIL shares on or after this date will not be entitled to the bonus shares)
Source: CBL Research