Diamond jewellery maker and exporter Goldiam International on Wednesday announced that its board of directors had considered and approved a 1:3 bonus issue for shareholders, along with its Q4 results.
In an exchange filing, Goldiam International said that the board approved the plan to issue one bonus share with a face value of Rs 2 each for every three shares of the same face value held in the company. The record date to determine the eligibility of shareholders set to receive the bonus shares will be announced later.