Description
BSE circular announcing bonus issue of Nestle India Limited (Scrip Code: 500790/100790) with trading and listing arrangements.
Summary
BSE has issued a circular regarding the bonus issue of Nestle India Limited (Scrip Code: 500790/100790). The circular provides details about the trading and listing arrangements for the bonus shares to be issued by the company.
Key Points
- Bonus issue announcement for Nestle India Limited
- Scrip codes: 500790 (regular) and 100790 (additional)
- Trading and listing arrangements being communicated to market participants
- Applicable to existing shareholders of Nestle India
Regulatory Changes
No specific regulatory changes mentioned in this circular - this is a company-specific corporate action notification.
Compliance Requirements
- Market participants must note the bonus issue arrangements
- Trading members should ensure proper handling of bonus entitlements
- Compliance with standard bonus issue procedures as per BSE regulations
Important Dates
Specific dates for the bonus issue would be detailed in the complete circular document.
Impact Assessment
Medium impact on Nestle India shareholders who will receive additional shares through the bonus issue. The circular ensures orderly trading and settlement of the bonus shares on BSE platform.
Impact Justification
Bonus issue affects existing shareholders and trading arrangements for a major FMCG company