Overview
- Ashok Leyland shareholders received one additional share for every share held today, doubling the total share count as the stock turned ex-bonus.
- The share price automatically adjusted from around ₹250.85 to ₹125.70, though some trading apps showed unadjusted pre-bonus levels suggesting an apparent 50% drop.
- Investor wealth remained unchanged despite the per-share price halving, since holdings doubled in line with the 1:1 bonus ratio.
- The bonus was approved alongside strong Q4 FY25 results in May, which reported a 38.4% profit rise and included a final dividend.
- Bonus shares will be deemed allotted on July 17 and begin trading on July 18, a move expected to enhance liquidity and retail participation.