Container Corporation of India approves bonus share issue

Container Corporation of India (CONCOR: BSE) announced that its shareholders have approved a resolution for the issuance of bonus shares. The decision, made via postal ballot and e-voting, allows for the distribution of one new bonus equity share for every four existing shares held. The e-voting period spanned from May 31, 2025, to June 29, 2025. The company stated that 97.5729% of votes were in favor of the resolution, against 2.4271%. The bonus shares will have a face value of INR5. The company appointed M/s R K & Associates as Scrutinizer to oversee the voting process.