Blue Dart Express' bonus debenture issues

News Clip:Hindu Businees Line, Mumbai

15 Novemeber, 2014

Activity on the shares of Blue Dart Express may decline marginally next week, as the company has fixed November 18 (Tuesday) as record date for bonus debentures. This means traders who buy the shares from Monday will not be eligible to receive the debentures, as the stock will turn ex-bonus that day. It has fixed a coupon rate of 9.3 per cent p.a for Series I Debenture (36 months), 9.4 per cent for Series II (48 months): and 9.5 per cent for Series III (60 months)