KPEL Bonus Share 2024, Record Date, Payment Date, Share Price History and More

What Is a Bonus Share?

News: A bonus share is like a little gift from a company to its existing shareholders. Imagine you’re at a party, and the host suddenly hands you an extra slice of cake – that’s a bonus!

In the business world, a bonus share means additional shares given to shareholders without them having to pay anything extra. It’s like getting a surprise dividend, but instead of cash, you get more shares.

How Does It Work?

1. Eligibility: To receive bonus shares, you need to be a shareholder of the company on the record date. Think of it as being on the guest list for the cake party.

2. Proportionate Distribution: The company gives out bonus shares based on how many shares you already own. If you have 10 shares, you might get 2 bonus shares – just like how everyone gets a fair share of cake.

3. Cost-Free: The best part? Bonus shares come at zero cost! You don’t need to pay anything. It’s like getting extra cake slices without reaching for your wallet.

KPEL Bonus Share 2024

Now, let’s talk about our star of the show: K P Energy Ltd (KPEL). They’ve decided to share the cake – I mean, bonus shares – with their shareholders.

1. Record Date: Mark your calendar for February 12, 2024. If you’re a KPEL shareholder on this date, you’re in for a treat!

2. Bonus Ratio: For every 1 existing share, you’ll receive 2 bonus shares. So if you have 10 shares, you’ll get 20 bonus shares.

3. Share Price History: KPEL has been doing well. Their current share price is ₹403.90. Keep an eye on it – it might rise like a perfectly baked soufflé!

Why Bonus Shares Matter

1. More Ownership: Bonus shares increase your ownership in the company. It’s like having more slices of the cake – you’re a bigger part of the celebration!

2. Dividends: When the company announces dividends, you’ll get more – thanks to those bonus shares. It’s like getting extra frosting on your cake!

3. Healthy Company: Issuing bonus shares shows that KPEL is financially fit. It’s like saying, “Our cake business is booming!”

About KPEL :

What Is KPEL?

KPEL is a balance of plant (BoP) solution provider specifically focused on wind energy. But what does that mean? Let’s break it down:

1. Balance of Plant (BoP): Imagine a wind farm as a giant puzzle. The wind turbines (those tall structures with spinning blades) are like the stars of the show. But there’s more to it! The BoP includes everything else needed to make the wind farm work smoothly. Think of it as the backstage crew that ensures the show runs flawlessly.

2. Wind Energy: You’ve probably seen those majestic wind turbines dotting the landscape. They harness the power of the wind to generate electricity. Wind energy is clean, renewable, and doesn’t produce harmful emissions like fossil fuels do.

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KPEL’s Role

1. Project Development: KPEL gets involved right from the beginning. When someone dreams of setting up a wind farm, KPEL helps turn that dream into reality. They handle everything from planning and design to site selection.

2. Construction and Maintenance: Ever wondered how those massive wind turbines get assembled? KPEL takes care of it. They build and maintain the wind farms, ensuring they operate efficiently.

3. Gujarat Connection: KPEL primarily works on wind energy projects in Gujarat, a state in India. Gujarat’s favorable wind conditions make it an ideal location for wind farms.

Financial Snapshot

ROE (Return on Equity): KPEL delivered an impressive ROE of 35.72% in the year ending March 2023, outperforming its 5-year average.

Interest and Employee Costs: KPEL allocated 1.23% of its operating revenues to interest expenses and 2.45% to employee costs in the same period.

Cash from Investing: KPEL invested Rs 20.72 crore in activities related to growth, showing a 76.53% YoY increase.

Disclaimer: Please note that all content and tools on this website are provided for your convenience and are offered “as is” without warranties. The information provided, including any tool-generated output, is for informational purposes only and should not be considered investment advice or guarantees. Exercise caution, seek professional advice, and make independent judgments before acting on any information found on this site.

FAQs

Who can get the Bonus Equity Shares?

If you owned KPEL shares on or before February 12, 2024, you qualify to receive the Bonus Equity Shares.

How are the Bonus Equity Shares given out?

For every 1 existing Equity Share worth Rs. 5/- each, shareholders will receive 2 Bonus Equity Shares, also valued at Rs. 5/- each.

When was the choice to distribute Bonus Equity Shares taken?

The decision to distribute Bonus Equity Shares was made in the company’s Board of Directors meeting on January 16, 2024.