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Shares of Ujjivan Financial Services have rallied 10% to Rs 238 on BSE in the intra-day trade on hopes that Ujjivan Small Finance Bank may issue bonus shares to the existing shareholders of the company. Ujjivan Financial Services is the holding company and promoter of its 100% subsidiary Ujjivan Small Finance Bank, which is a small finance bank.
“Ujjivan Small Finance Bank may issue up to 60% of its bonus shares to existing shareholders of the bank’s holding company, Ujjivan Financial Services. The remaining 40% of the holding will remain with the holding company, which is the promoter of
“Ujjivan Small Finance Bank may issue up to 60% of its bonus shares to existing shareholders of the bank’s holding company, Ujjivan Financial Services. The remaining 40% of the holding will remain with the holding company, which is the promoter of
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