The country's largest natural gas company GAIL India is going to give a big gift to its investors. GAIL India is offering bonus shares in the ratio of 1:2. That is, the company will give 1 bonus share for every 2 shares. GAIL India has got the status of Maharatna Company. The company announced bonus shares on July 27, 2022. The ex-date of bonus shares of the company is next week on 6th September 2022. At the same time, the record date for the bonus issue is 7 September 2022.
Since 2008, the company has issued bonus shares 5 times.
To get bonus shares of GAIL India, investors should buy shares of the company before 6th September 2022. The company has issued bonus shares 5 times since 2008. According to the bonus history of GAIL India, the company announced bonus shares in the ratio of 1:2 in October 2008. This was followed by announcing bonus shares in the ratio of 1:3 in March 2017, 1:3 in March 2018, and 1:1 in July 2019. GAIL India shares closed at Rs 135.40 on 2nd September 2022.
Shares of the company crossed Rs 9 to Rs 135
Shares of GAIL India have given tremendous returns in the last few years. The company's shares were at a level of Rs 8.81 on the Bombay Stock Exchange (BSE) on 23 March 2001. The shares of the government company closed at Rs 135.40 on BSE on September 2, 2022. If a person had invested Rs 1 lakh in the shares of the company on March 23, 2001, and had retained his investment, then at present this money would have been Rs 15.36 lakh. We have not included bonus shares and dividends in the calculation of returns.
