KBC Global's Bold Move: 1:1 Bonus Shares and a Fresh Identity Unveiled

KBC Global Ltd's board meeting on February 15, 2025, delivered two major announcements that are set to reshape the company's future. The board recommended a 1:1 bonus share issuance, effectively doubling the number of shares for existing shareholders. This move is expected to enhance stock liquidity and reward investors.

 

In a separate development, the company approved changing its name from KBC Global Limited to Universal JA EPC Infra Limited. This rebranding signals a strategic shift in the company's focus and market positioning.

 

These decisions, subject to shareholder approval, reflect KBC Global's commitment to growth and adaptation in the evolving business landscape. The company will announce the record date for bonus shares in due course.

 

Source: BSE Filings, Economic Times