Indian Hume Pipe to turn ex-bonus

Shares of Indian Hume Pipe Company will remain in focus, as the company has fixed the record date as December 13, to identify eligible shareholders to receive bonus shares. The company is rewarding its shareholders with 1:1 bonus shares. For investors, who wish to be eligible for the bonus shares, Thursday is the cut-off date, as the stock will turn ex-bonus on Friday. Indian Hume Pipe Company has presence in the cement and cement products businesses.