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Infosys issues Rs 574.23 crore worth bonus shares

BI India BureauJun 19, 2015, 11:29 IST

Infosys has announced it has dispensed 114.84 crore bonus shares worth Rs 574.23 Crore.

"...the Board of Directors allotted 114,84,72,332 equity shares each aggregating Rs 574,23,61,660...as fully paid-up bonus shares in the ratio of 1 equity share for every 1 equity share held" Infosys said in a BSE filing.

The shares were issued to shake holders whose names appear on the register of members or beneficiaries as on June 16 this year.

The company had announced 1:1 equity bonus in April. Shareholders now have twice the number of shares they had earlier.

(Image credit: Indiatimes)