MOS Utility 1:1 Bonus Issue: Last Day to Buy Shares Before October 14 Ex-Date

Mumbai, October 13: MOS Utility Limited is coming out with a bonus issue of 1:1, and has set October 14 as both the ex-date and record date for the corporate action. Ex-date is the date before which investors must hold the shares of the company to be eligible for the bonus issue, while the record date is when the company reviews its shareholder register to identify eligible shareholders. Since both dates are set for tomorrow, investors must purchase or hold the shares by the end of today’s trading session to be eligible.

MOS Utility Limited is an Indian company that provides utility services such as bill payments, travel bookings, insurance sales, etc. The company was established in 2009 and is headquartered in Mumbai, Maharashtra. The shares of the company are listed on NSE with the ticker symbol MOS.

Bonus Issue of 1:1

Under the bonus issue, investors will receive one fully paid-up equity share for every one share held as of the record date. The move aims to enhance liquidity and reward existing shareholders for their continued confidence in the fintech company.

Share Price Falls By 2.69%

As of 9:55 AM, MOS Utility Limited’s share price was down by 2.69%, or 1.35 points, and was trading at ₹48.75. Until now, the shares have traded within a range of ₹49.20 and ₹48. The traded volume stood at 24 thousand shares, with the company’s market cap at ₹645 crore. The adjusted P/E ratio of the company is 47.73.

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