Sangam Finserv Ltd, a leading financial services company, has announced a 4:1 bonus issue, offering 4 additional shares for every 1 held, effective from February 7, 2025.
Sangam Finserv Ltd, a prominent financial services company based in India, has announced a bonus issue in the ratio of 4:1. The bonus shares will be allotted to shareholders, enhancing the value of their holdings in the company.
Sangam Finserv, established with a focus on providing innovative financial solutions, has grown to become a key player in the industry. The company’s services span various areas of finance, including lending, insurance, and asset management. With a strong commitment to customer satisfaction and financial growth, Sangam Finserv has established a significant presence in the market.
The bonus issue will be made on February 7, 2025, with the record date set for the same day. This move is expected to attract more investors and boost shareholder confidence in the company.
As part of the bonus issue, shareholders will receive 4 additional shares for every 1 share they hold. This decision is aimed at increasing the liquidity of the stock and providing additional value to shareholders.
The company’s management has expressed confidence that this bonus issue will further strengthen Sangam Finserv’s position in the financial market and support its future growth initiatives.
The shares of Sangam Finserv are expected to trade higher in the coming weeks due to the bonus announcement, as investors look forward to the potential benefits of this corporate action.
