Valiant Communications Ltd, which has doubled investors’ money in just 6 months, has announced its first-ever bonus issue. The company has informed the stock exchange that it will distribute bonus shares to its investors.
Bonus Ratio and AGM Details
Investors will get 1 free share for every 2 shares held (face value ₹10 each). However, the company has not yet declared the record date.
The final decision is expected during the company’s Annual General Meeting (AGM) scheduled for 30 September 2025.
Stock Performance in the Market
On Friday, Valiant Communications’ stock jumped 50% to reach ₹918.60 on BSE. In the last month, the stock has gained 34%, while in the past 6 months, it delivered a massive 165% return.
52-week high: ₹1021.30
52-week low: ₹322.05
Market cap: ₹700.71 crore
Over the long term, the stock has risen 219% in 2 years and 2264% in 5 years, making it a strong multibagger.
Dividend Announcement After 14 Years
The company will also trade ex-dividend next week. Eligible investors will get a dividend of ₹1.50 per share. This is the first dividend since 2011, marking a return to rewarding shareholders after 14 years.