Infosys shares turn ex-bonus today

Shares of Infosys will turn ex-bonus on Tuesday at the bourses. The IT major is rewarding its shareholders with a 1:1 bonus shares (one share for every one share held). Infosys, which closed at ₹4,348.95 on the NSE, will start trading around ₹2,150-2,200 range from Tuesday. Those who are buying the shares from Tuesday will not be eligible to receive the bonus shares. This will be the third bonus issue by Infosys in the last 10 years after 2004 (3:1) and 2006 (1:1) issues.