SBC EXPORTS LTD - approved Issue of Bonus shares in Ratio of 1:2

SBC Exports Ltd, a small-cap multibagger stock, has approved a 1:2 bonus share issue, rewarding shareholders with one new share for every two held. This move comes as the company's stock has surged over 100% in the past year, reflecting strong growth. The bonus issue, subject to shareholder approval, aims to increase liquidity and broaden the company's shareholder base. With a market cap of ₹720 crore, SBC Exports continues to attract investor attention, having recently secured orders from the IT Ministry. The record date for the bonus issue shall be announced soon. 

Source: Goodreturns