Mindteck sets record date for 1:4 bonus issue, jumps 4%

Mindteck (India) Ltd shares rose 4% after the board set September 20, 2024, as the record date for issuing bonus shares in a 1:4 ratio. Shareholders will receive one fully paid-up equity share for every four held, boosting investor sentiment and driving the stock's gain. Mindteck offers product engineering, software development, electronic design, and corporate services.