Greenlam Industries Considers Bonus Share Issuance; Shares Rise 2.6% in Pre-Open Trade

Greenlam Industries Ltd. has announced that its Board of Directors will meet on January 30, 2025, to consider the issuance of bonus shares. Following this announcement, the company's shares saw a 2.6% increase in pre-open trading. Investors are optimistic about the potential bonus issue, which, if approved, would reward existing shareholders with additional shares, thereby increasing the stock's liquidity. The outcome of the board meeting will be closely watched by market participants.

Source: Greenlam Industries Ltd. Official Announcement