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NEW DELHI: BSE shareholders had something to smile about on Friday (May 23rd) as the company's share price climbed over 5%. The main reason? The stock was trading ex-date and ex-record for its upcoming 2-for-1 bonus share issue, which is always a welcome event for investors. However, a bit of news about their rival, the National Stock Exchange (NSE), potentially getting Tuesday as its new expiry day from SEBI, kept the excitement somewhat in check.
Despite that, the BSE stock did hit an intraday high of ₹2,467 on the NSE, and with this gain, it snapped a three-day losing streak.
All About the BSE Bonus Shares
BSE had previously announced that Friday, May 23, 2025, would be the crucial record date. This means if you were a shareholder on record by this date, you're eligible for the bonus shares. The deal is a 2:1 bonus – so for every one existing fully paid-up share (with a face value of ₹2) you own, you'll get two new fully paid-up shares of ₹2 each.
According to the company, these bonus shares will be officially allotted on Monday, May 26th. Investors can then expect to start trading these new shares from the very next business day, Tuesday, May 27th.
SEBI Mulling Tuesday Expiry for NSE?
Now, for that other piece of news stirring the pot: reports are circulating that the stock market regulator, SEBI, is likely to give the green light for Tuesday to be the new expiry day for the NSE.
CNBC-TV18 reported that SEBI might soon release a circular detailing the new expiry day rules for index contracts on stock exchanges. The NSE apparently put forward Tuesday as its preferred day, and this suggestion was recently discussed by SEBI’s Secondary Market Advisory Committee (SMAC). This committee is working on creating uniform rules for expiry days across different exchanges.
Currently, futures and options contracts on the BSE expire on Tuesdays, while the NSE's contracts expire on Thursdays. Back in March 2025, SEBI had floated a consultation paper suggesting that stock exchanges should stick to Tuesdays and Thursdays as standard expiry days. The idea is to prevent any overlap and make things clearer for everyone involved.
BSE's Strong Earnings Picture
On a brighter note for BSE itself, the company recently reported some fantastic financial results. For the fourth quarter of FY25, BSE saw its net profit skyrocket by an incredible 361.7% year-on-year, reaching ₹494 crore. Its revenue from operations also saw a healthy jump, increasing by 75% to ₹846.6 crore during the same period.
To top it off, BSE's board declared a total dividend of ₹23 per equity share (face value of ₹2) for the financial year 2025. This includes a regular dividend of ₹18 and a special dividend of ₹5.
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