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Dividends | Dividends India | Stock Dividend | Shares Dividend | Dividend Policy | Deemed Dividend
It's bonus bounty for shareholders during this results season. The bonus share issue is likely to bring solace to the retail investors who are unable to exit from some counters on account of steep fall in valuations. Let's take a look at some of the bonus issues and also the tax implications.
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Larsen & Toubro
 Shareholders will get a final dividend of Rs 15 on each scrip of face value Rs 2 as well as a bonus share for every share held by them.
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JM Financial
 The company surprised the markets with a bonus issue of 3:2. Besides, the face value of the shares of the company is to be fixed at Re 1 per share from the existing Rs 10 per share.
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Sundaram Finance
 After a gap of 13 years, Sundaram Finance board recommended a 1:1 bonus issue, and also a final dividend of Rs 5 per share.
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