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Shares of Avanti Feeds will turn ex-bonus on Tuesday. The company had announced one bonus share for every two shares held on the record date, which is June 27. Investors wishing to receive the bonus shares need to own Avanti Feeds by Monday. This is the maiden bonus issue from the company. Besides, a stock-split will also take effect from Tuesday (June 26) for Avanti Feeds shares; the face value of the stock will be reduced from ₹2 to ₹1.
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