Tavexia Lifecare Bonus Share Details
Announcement Date
02-Dec-2024
Bonus Date
02-Dec-2024
Bonus Ratio
3:5
Record Date
17-Jan-2025
Ex-Bonus Date
17-Jan-2025
Tavexia Lifecare has announced a bonus share issuance, aimed at rewarding its existing shareholders and improving market liquidity. The announcement was made on 02-Dec-2024, with the record date fixed for 17-Jan-2025 to determine eligible investors. The Tavexia Lifecare bonus ratio is 3:5, implying that shareholders will receive additional shares in this proportion. The Tavexia Lifecare ex-bonus date is 17-Jan-2025, followed by the bonus credit date of 02-Dec-2024.
Tavexia Lifecare FAQs
Tavexia Lifecare bonus shares will be credited directly to your demat account after the record date of 17-Jan-2025. The credit process typically takes 7-15 working days from the record date. You can track the status of your bonus shares through your Choice Demat account.
To receive Tavexia Lifecare’s bonus shares, you must be a registered shareholder on the Bonus Share Record Date of 17-Jan-2025.
To qualify:
To qualify:
- Your name must appear in Tavexia Lifecare's shareholders' register
- Shares must be held in your demat account or physical form
- All shares should be fully paid up
- Purchase of shares must be completed before the bonus share ex-bonus date of 17-Jan-2025
Tavexia Lifecare issues bonus shares in the ratio of 3:5. Based on that you will be allocated bonus shares for every share that you hold.
The number of bonus shares you receive mainly depends on the bonus ratio announced by the company.
For example:
The number of bonus shares you receive mainly depends on the bonus ratio announced by the company.
For example:
- In a 1:1 bonus ratio, you receive one new share for each share held
- With a 2:1 ratio, you receive two new shares for each share held
- For a 1:2 ratio, you receive one new share for every two shares held
Tavexia Lifecare's share price typically adjusts proportionally after the bonus issue. For instance, if Tavexia Lifecare's share price is ₹100 and it announces a 1:1 bonus:
- The theoretical post-bonus price would be ₹50
- Your total investment value remains unchanged
- The number of shares in your portfolio doubles
The record date for Tavexia Lifecare bonus shares is 17-Jan-2025
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