Indraprastha Gas shares rise 2% on 1:1 bonus issue approval

Indraprastha Gas Ltd's shares rose by up to 2% after the company's board approved a 1:1 bonus issue, granting 1 fully paid-up bonus equity share of ₹2 each for every existing share of the same value to eligible shareholders. Indraprastha Gas Limited's (IGL) business consists of the sale of natural gas. The Company is focused on industrial and commercial business.