Bigbloc Construction to Issue Bonus Shares

23 Jul 2024 CW Team

Bigbloc Construction's board has approved the issuance of 11 bonus shares, a strategic move aimed at enhancing shareholder value. This decision reflects the company?s commitment to rewarding its investors and aligning with its financial strategy.

The issuance of bonus shares is designed to increase the liquidity of the company?s stock and provide additional value to its current shareholders without requiring them to make any further investment. By distributing these shares, Bigbloc Construction aims to improve the accessibility and attractiveness of its stock in the market.

This move is part of the company?s broader strategy to manage its capital structure effectively and support its growth objectives. Bonus shares are typically issued when a company has sufficient reserves and wants to make its stock more affordable for a wider range of investors.

The approval of the bonus share issue is expected to enhance Bigbloc Construction?s stock market presence and foster positive investor sentiment. It reflects the company's robust financial health and its focus on maintaining strong relationships with its shareholders.

Investors can anticipate a potential increase in their shareholding as a result of this issue, which aligns with the company?s ongoing efforts to support its capital management and growth initiatives.

Infrastructure Urban

05 May 2026

Meghalaya And Assam Hold Talks To End Transport Stoppages In Garo Hills

Meghalaya and Assam have opened talks aimed at ending recent stoppages of commodity transport in the Garo Hills, officials said. The deputy chief minister, in charge of home affairs, reported that both state governments are coordinating to resolve disruptions and to restore normal movement of goods. He acknowledged that misunderstandings may have contributed to the incidents and that clarification between administrative units is under way. The discussions are intended to produce practical arrangements that will allow consignments to move without hindrance while respecting local procedures. The..

Kochi Metro Records 1.375 mn Rise In Passengers In FY26

Kochi Metro recorded a marginal rise in ridership in the financial year 2025-26, carrying 1.375 mn more passengers than in the previous year. The service carried 36.8 million (mn) passengers in 2025-26 compared with 35.5 mn in 2024-25, representing a year-on-year increase of 3.9 per cent. The growth was described as distributed rather than concentrated in isolated spikes. A month-wise analysis shows steady gains across quarters. In the first quarter, ridership increased from 8.57 mn to 8.84 mn, while the second quarter rose from 9.13 mn to 9.51 mn. These trends indicated broad-based improvemen..

Ghaziabad Plans 16km Metro Link To Delhi Via Hindon Airport

Ghaziabad authorities are pursuing a 16 km metro link to Delhi that will run via Hindon Airport, and a detailed project report is under way. The plan is intended to improve connectivity between Ghaziabad and the national capital and to provide an interchange with the airport. Officials said the project is being studied to assess alignments, station locations and cost estimates ahead of formal approvals and tendering. The announcement follows the inauguration of the Delhi?Faridabad metro extension, which will offer hassle free travel for around 0.2 mn daily commuters between the national capita..